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Antitrust authorities all over the world are concerned if a particularly aggressive competitor, a "maverick", is bought out of the market. One plausible determinant of acting as a maverick is behavioral: the maverick derives utility from acting competitively. We test this conjecture in the lab....
Persistent link: https://www.econbiz.de/10009779217
Persistent link: https://www.econbiz.de/10011782003
This study estimates the price effects of horizontal mergers in the U.S. grocery retailing industry. We examine … fourteen regions affected by mergers including both highly concentrated and relatively unconcentrated markets. We identify … price effects by comparing markets affected by mergers to unaffected markets using both difference-in-difference estimation …
Persistent link: https://www.econbiz.de/10013089309
the Federal Trade Commission (“FTC”) in connection with their Request for Information on Merger Enforcement (“Merger RFI …”). This comment addresses the questions contained in Section 5 of the RFI related to the use of presumptions in merger … enforcement. Our view is that an important objective of the agency’s horizontal merger enforcement guidelines is to ensure that …
Persistent link: https://www.econbiz.de/10013290950
the Federal Trade Commission (“FTC”) in connection with their Request for Information on Merger Enforcement (“Merger RFI …”). The GAI welcomes the opportunity to provide input on the proposed changes to the Horizontal Merger Guidelines (“HMGs … Section 14 of the Merger RFI, in which the Agencies pose two questions that go to the heart of the treatment of efficiencies …
Persistent link: https://www.econbiz.de/10013291866
enormous variety of mergers subject to review. Flawed or vague agency standards are likely to discourage procompetitive … the Federal Trade Commission (“FTC”) in response to their Request for Information on Merger Enforcement. This Comment … addresses the questions related to Purpose, Harms and Scope. Our view is that the essential and defining purpose of merger …
Persistent link: https://www.econbiz.de/10013291869
the Federal Trade Commission (“FTC”) in connection with their Request for Information on Merger Enforcement (“Merger RFI …, preventing mergers that would likely create the harms generated by the exercise of classical monopsony power should be an … important goal of both antitrust law and merger policy.Based on the existing evidence, an empirically supported basis for the …
Persistent link: https://www.econbiz.de/10013291870
Commission's January 18, 2022, Request for Information on Merger Enforcement. Despite information and uncertainty problems with … exercise involved in potential/nascent competition cases should differ from a standard merger review. Third, analysis of …
Persistent link: https://www.econbiz.de/10013291871
efficiencies of size, and significant merger and acquisition activity. It also argues that several common “fragmentation drivers …
Persistent link: https://www.econbiz.de/10013213690
Cartels and horizontal mergers can be viewed as alternative arrangements to increase profitability and act as means of … that in absence of any penalty on cartel, a firm always prefers a cartel to merger, when the latter does not involve any … concentration among the competitive fringe lowers the profitability of merger as compared to cartel. We then discuss the impact of …
Persistent link: https://www.econbiz.de/10014221197