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that would prevent a merger from harming consumers for 1,014 mergers affecting 12,325 antitrust markets scrutinized by the … concerns about the Commission's merger enforcement being too lax. …
Persistent link: https://www.econbiz.de/10012659077
This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...
Persistent link: https://www.econbiz.de/10014023495
uniform price increases throughout all the goods in the candidate relevant market, since 1984 the versions of the U.S. Merger … contributions to the literature, we propose a unified framework for merger simulations and for the so-called HMT in its diversity of …
Persistent link: https://www.econbiz.de/10003971525
We describe a simple initial indicator of whether a proposed merger between rivals in a differentiated product industry … from the merger, based on the price/cost margins of the merging firms' products and the extent of direct substitution …
Persistent link: https://www.econbiz.de/10012715582
uniform price increases throughout all the goods in the candidate relevant market, since 1984 the versions of the U.S. Merger … recent contributions to the literature, we propose a unified framework for merger simulations and for the so-called HMT in …
Persistent link: https://www.econbiz.de/10012053324
recently revised DOJ/FTC Horizontal Merger Guidelines contain such a change, as the document recognizes the importance of … that could support a very significant increase in the level of merger enforcement. However, we also show how this … DOJ’s expert economist to testify to a narrow market that virtually guaranteed that the merger would be found …
Persistent link: https://www.econbiz.de/10014039361
effects of acquisitions on efficiency and underlying mechanisms. We find a 2% average increase in efficiency for acquired … plants, beginning five months after acquisitions. Efficiency gains rise to 5% under direct ownership changes, with no … significant change when only parent ownership changes. Investigating the mechanisms, three-quarters of the efficiency gain is …
Persistent link: https://www.econbiz.de/10014635690
that would prevent a merger from harming consumers for 1,014 mergers affecting 12,325 antitrust markets scrutinized by the … concerns about the Commission’s merger enforcement being too lax. …
Persistent link: https://www.econbiz.de/10012668490
Persistent link: https://www.econbiz.de/10012703898
. Even if market concentration and technological disadvantages lead to a significant welfare reduction after merger, from …
Persistent link: https://www.econbiz.de/10010343946