media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine …, we address three research questions: (i) Is the current development of analyzing industry with its recent merger activity …? (iii) What are implications for antitrust policy? We conclude from our analysis that in the already highly horizontally …

This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition … central features of antitrust policy. Our objective is to foster the improvement of legal regimes and also to identify topics …

. It follows that an antitrust authority ignoring existing PPOs when evaluating merger proposals (which reflects the … to the merger. We show that a PPO reduces the minimal synergy level necessary to make a merger beneficial for consumers … current EU merger control regime) invites sneaky takeovers: Acquiring firms strategically use PPOs prior to a full merger …