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Worldwide, the overwhelming majority of large horizontal mergers are cleared by antitrust authorities unconditionally. The presumption seems to be that efficiencies from these mergers are sizeable. We calculate the compensating efficiencies that would prevent a merger from harming consumers for...
Persistent link: https://www.econbiz.de/10013314675
administrable legal approach to efficiency enhancing mergers. In this regard, horizontal hospital mergers present particularly … parallels to an efficiency analysis of quality under rule of reason analysis, in which the essay offers examples of resale price …
Persistent link: https://www.econbiz.de/10014141191
Merging in the Shadow of the Law: The Case for Consistent Judicial Efficiency Analysis. Moffitt's analysis could have …
Persistent link: https://www.econbiz.de/10013127802
The two leading merger systems - those of the United States and the European Union - treat the potential benefits and risks of mergers asymmetrically. Both systems require considerably greater proof of efficiencies than they do of potential harms if the efficiencies are to offset concerns over...
Persistent link: https://www.econbiz.de/10013128868
neglected literature such as that on the theory of the firm, and the relevance of vertical efficiencies to horizontal mergers …
Persistent link: https://www.econbiz.de/10013237386
The 1997 Merger Guidelines appeared to significantly expand the role of efficiency considerations in merger analysis … question. In general, the FTC efficiency analyses did not change after the reform, and the bulk of the considerations noted in … clearly change in 1997, as the revised Guidelines mandated that alternative methods to achieve the efficiency must be …
Persistent link: https://www.econbiz.de/10013132828
This document (of 293 pages) comprises the proceedings of a roundtable on held by the OECD's Competition Committee in June 2007. It consists of an executive summary and background paper by the Secretariat, as well as 13 delegation submissions and a summary of the oral discussion. Generally...
Persistent link: https://www.econbiz.de/10014217475
Persistent link: https://www.econbiz.de/10012798639
An increasing body of empirical evidence is documenting trends toward rising concentration, profits, and markups in many industries around the world since the 1980s. Two major criticisms of these studies is that concentration and market shares are poorly measured at the national industry level...
Persistent link: https://www.econbiz.de/10012421242
An increasing body of empirical evidence is documenting trends toward rising concentration, profits, and markups in many industries around the world since the 1980s. Two major criticisms of these studies is that concentration and market shares are poorly measured at the national industry level...
Persistent link: https://www.econbiz.de/10012426540