economic efficiency, nor to address any social or political factor. Rather, the overriding intent behind the merger laws was to … analyze mergers with this goal in mind. Doing so challenges the fundamental underpinnings of Williamsonian merger analysis … would require substantially more efficiencies to justify an otherwise anticompetitive merger. We demonstrate this by …

This article analyzes the Canadian Superior Propane decision, apparently the first merger decision in world history to … consider explicitly what to do when a merger was predicted to lead to both higher consumer prices and to net efficiencies. The … article advocates analyzing the merger under a "price to consumers" or "consumer welfare" standard, rather than a total …