several fundamental observations on the construal of the SIEC-test with regard to horizontal mergers. The GC embraces a more …

that would prevent a merger from harming consumers for 1,014 mergers affecting 12,325 antitrust markets scrutinized by the …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 …

The 2010 Horizontal Merger Guidelines (Guidelines) advance the use of the Gross Upward Pricing Pressure Index (GUPPI …) for analyzing unilateral effects of mergers in differentiated-products industries. However, the Guidelines do not quantify … concentration (ΔHHI) below which a merger is considered unlikely to harm competition, i.e., to lie within a safe harbor. Prior …

agencies responsible for this task. Today most of antitrust disciplinary proceedings are heard before them, they also play … other advisory and advocacy roles. However, in the area merger review and control, the law only provides for a consultative … in future there will be a regional review of mergers and acquisitions. As part of the unique experience of …

competition will be more than offset by the efficiencies that the merger would generate. This roundtable explored some of the … incorporate efficiencies in merger analysis. That reluctance is even greater with respect to dynamic efficiencies than it is with … respect to static ones. The reason is that even in a static analysis, determining whether a merger is likely to lead to …

-competition factors play significant roles in AML merger control. MOFCOM’s decision in Wal-Mart/Yihaodian may be a striking "throw back …

We have revised our earlier listing of vertical merger enforcement actions by the Department of Justice and Federal … treated as an Appendix to Steven C. Salop and Daniel P. Culley, Revising the Vertical Merger Guidelines: Policy Issues and an … Interim Guide for Practitioners, 4 JOURNAL OF ANTITRUST ENFORCEMENT 1 (2016) …

We review the Bundeskartellamt (Federal Cartel Office Germany) decision on the proposed merger between Springer and … decision document reflects state-of-the-art economic theory on conglomerate mergers. Regarding such types of mergers … standard welfare perspective demands reluctance concerning antitrust interventions. This is particularly true if two …

We develop a model in which two firms that have proposed to merge are privately informed about merger …-specific efficiencies. This enables the firms to influence the merger control procedure by strategically revealing their information to an … antitrust authority. Although the information improves upon the quality of the authority's decision, the influence activities …

of the efficiencies relevant to a potentially problematic merger. Although numerous articles address efficiencies from a …, verification, and merger specificity) and the balancing of anticompetitive effects with efficiencies are considered. Although the …