As firms often acquire incumbents to enter new markets, the presence of desirable targets affects entry and merger … by merger and larger synergies between smaller potential entrants and larger incumbents. Finally, we conduct … counterfactual experiments to study the implications of entry by merger on anti-trust policies that regulate forms of entry …

This article explores the many ways that entry is relevant to horizontal merger analysis.Only one, however, is part of … examines entry in imperfectlycompetitive markets. Ex post entry—postmerger entry induced by a merger’s anticompetitiveeffects ….This consideration favors more stringent merger policy in some settings and more permissivereview in others. Recent attention, especially …

The Department of Justice and Federal Trade Commission are considering changes to the Horizontal and Vertical Merger … competition is underemphasized in the merger guidelines is a subjective question, but the FTC’s merger enforcement record of the … past three decades illustrates the scope of the merger guidelines application to transactions that may eliminate an actual …