Showing 61 - 70 of 219,450
A common approach to merger simulations used in antitrust cases is to calibrate demand from market shares and a few … additional parameters. When the products involved in the merger case are differentiated along several dimensions, the resulting … diversion ratios may be very different from those based upon market shares. This again may affect the predicted post-merger …
Persistent link: https://www.econbiz.de/10013136628
We provide a novel theory of harm for resale price maintenance (RPM). In a model with two manufacturers and two retailers, we show that RPM facilitates manufacturer collusion when retailers have alternatives to selling a manufacturer's product. Because of the alternatives, manufacturers can only...
Persistent link: https://www.econbiz.de/10014394250
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
This work investigates the effect of upstream and downstream market concentration on retailers' price-cost margins using bimonthly data over the period 1989-1992 disaggregated by retailer type and product. In addition to horizontal concentration, differentiation, and cost factors, the analysis...
Persistent link: https://www.econbiz.de/10012772812
Persistent link: https://www.econbiz.de/10011338819
principles informing merger policy such as the presumed profitability of mergers for the merging firms and the merger … concentration indices for screening out unproblematic from potentially harmful mergers. The incremental effect of a merger taking …Common ownership fundamentally upsets the well-settled merger enforcement ecosystem. Not only it challenges basic …
Persistent link: https://www.econbiz.de/10013234688
Persistent link: https://www.econbiz.de/10012967146
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