This comprehensive review of ex-post merger studies assesses the price effects of horizontal transactions to determine … whether there are common post-merger price effects, both overall and in specific markets. The aim is to derive implications … for policy makers and competition authorities in terms of effective merger enforcement and competition policy. By …

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 …

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 …

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 …

Each stage of merger analysis involves predictions about uncertain events. The quality of merger enforcement and its …

level required by the European Commission in individual cases. Evidence is presented that merger characteristics, such as … successful. It is also shown that pre-merger expectations about merger-generated efficiencies increase the likelihood of … successful offers. These findings are very important features of EC merger control, and a novelty in the existing literature. If …

India's Competition Act (2002) was amended in 2007, modifying inter alia the Act's thresholds for merger review, and … opposition in international business and legal circles. Draft merger regulations proposed by the Competition Commission of India …

The appropriate role of merger efficiencies remains unresolved in US antitrust law and policy. The Patient Protection … challenges for antitrust. Most hospital merger cases focus on cost based efficiencies, as does most of the academic empirical … quality analysis both in the 2010 Horizontal Merger Guidelines and in antitrust case law. In doing so, the essay identifies …