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There seems to be consensus that the Department of Justice's 1984 Vertical Merger Guidelines do not reflect either … are verifiable, merger-specific and sufficient to reverse the potential anticompetitive effects; (iv) The agencies should … unconcentrated markets; (v) The agencies should consider adopting rebuttable anticompetitive presumptions that a vertical merger …
Persistent link: https://www.econbiz.de/10012849889
We analyze a hub-and-spoke cartel in the Brazilian automotive fuel industry. Using the court documents and detailed data on the supply chain we uncover three mechanisms beyond information sharing used by wholesalers (hub) to help retailers (spokes) solve the obstacles of price coordination:...
Persistent link: https://www.econbiz.de/10012705135
Numerous recently uncovered cartels operated along the supply chain, with firms at one end facilitating collusion at the other - hub-and-spoke arrangements. These cartels are hard to rationalize because they induce double marginalization and higher costs. We examine Canada's alleged bread cartel...
Persistent link: https://www.econbiz.de/10012670820
The paper provides new evidence on proxy indicators of market power for major European countries. The data shows moderately increasing average industry concentration over the last two decades, a considerably increasing proportion of high concentration industries, and an overall tendency towards...
Persistent link: https://www.econbiz.de/10013166348
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. Vertical restraints reflecting dealer power could well be ignored by antitrust law if they were rare, insignificant in … magnitude, or readily detected and remedied under other branches of antitrust law. But we doubt that dealer power is that rare … some of the claimed justifications for it actually reflect dealer power, and antitrust rules controlling horizontal …
Persistent link: https://www.econbiz.de/10014190916
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Likelihood of entry is considered to be a mitigating factor in the analysis of a merger's competitive effects. Entry … analyses in horizontal merger investigations typically focus on the incentives and ability of potential entrants to enter the … market and restore its competitiveness in the event the merger creates anti-competitive effects. There is, however, a well …
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