We investigate cartelists’ merger behavior using European Commission (EC) cartel decisions over a 28-year span and … information on cartelists’ merger activities over the last 30 years. We find that mergers occur frequently. But they cluster in a … expedite mergers. The EC’s cartel settlement procedure delays merger. After cartel dissolution, co-conspirators merge at a …

We investigate cartelists' merger behavior using European Commission (EC) cartel decisions over a 28-year span and … information on cartelists' merger activities over the last 30 years. We find that mergers occur frequently but that they cluster …-conspirators merge at a substantially greater pace. The results shed light on the design of merger policies and enforcement programs …

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 …

In this comprehensive review of ex-post merger studies price effects of horizontal transactions are evaluated. By … combining and further analyzing the results of 52 retrospective studies on 82 mergers or merger-like transactions it can be … shown that the industry alone is no strong indication for the direction of price-related merger effects. However, the "size …

economic efficiency, nor to address any social or political factor. Rather, the overriding intent behind the merger laws was to … analyze mergers with this goal in mind. Doing so challenges the fundamental underpinnings of Williamsonian merger analysis … would require substantially more efficiencies to justify an otherwise anticompetitive merger. We demonstrate this by …

This paper deals with the optimal enforcement of competition law between merger and anti-cartel policies. We examine … merger's coordinated effect is taken into account, then for a sufficiently large such effect the agency may optimally have to …

The DOJ-FTC Merger Guidelines were developed for and best deal with horizontal mergers where the theory of harm is … coordinated effects. The Guidelines deal awkwardly, at best, with mergers where the theory of harm is unilateral effects. The … needed for inquiry and enforcement where the theory of harm is unilateral effects, as is a market definition paradigm for …

At least since the early 1980s, the core principles of merger enforcement policy have been stable. Horizontal mergers …, however, the Federal Trade Commission and Department of Justice challenged one merger transaction, and almost challenged …

This paper deals with the enforcement of merger policy, and aims to study how merger remedies affect the deterrence …