We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the antitrust agency … induces strictly price-decreasing mergers. -- Remedies ; Divestiture ; Merger Control ; Oligopoly ; Synergies …

a merger to create value, it will usually be necessary that one or both parties is below minimum efficient scale or has … insight into a merger's true motives and its likelihood of creating value …

We describe the quantitative modeling techniques that are used in horizontal merger review for the evaluation of … unilateral effects, and discuss how the 2010 Horizontal Merger Guidelines helped legitimize these methods and motivate scholarly …

There is broad concern that merger policy toward Big Tech has been too lenient. Big Tech typically operates in markets … merger policy promotes innovative entry by facilitating entry for buyout. I show that permissive merger policy can also … such improvements reduce the gains from merger. A second way is by facilitating incumbency for buyout, under which an …

, announced their agreement to merge. Seven months later, the Federal Trade Commission voted 4 to 1 to oppose the merger on the … and granted a preliminary injunction, effectively dooming the merger.Staples broke new ground in terms of both the … economic theory and the type of evidence presented at trial in an antitrust case. The antitrust enforcement agencies had …

I set up an endogenous merger model in which, whenever fi rms agree to join in a coalition, the new entity acquires the … leadership in a symmetric Cournot oligopoly. I first explore the case of a single merger and show that, despite being such merger … coalition or an n - 1-fi rm coalition. I then allow for multiple coalitions and show that merger waves often occur as a fi rms …

This paper studies the coordinated effects of the merger between American Airlines and USAirways by examining the … extent to which the connecting prices of the nonmerging legacy carriers(Delta and United) evolved when the merger eliminated … potential importance of connecting services in merger analysis in the airlineindustry …

. Firms' assets are product varieties that can be sold individually or entirely transferred to another firm in a merger. We … for merger policy …

the results in the existing merger literature on integrated markets). Although the sum of consumer surplus across the …