The appropriate role of merger efficiencies remains unresolved in US antitrust law and policy. The Patient Protection … administrable legal approach to efficiency enhancing mergers. In this regard, horizontal hospital mergers present particularly … challenges for antitrust. Most hospital merger cases focus on cost based efficiencies, as does most of the academic empirical …

Inclusion of an efficiency defense brings about an asymmetric information problem between an antitrust agency and … merging firms concerning efficiencies due to mergers. Effort level and merger type determine the probability of producing the …

on the merger control institution and, in particular, whether it involves an efficiency defense. We derive the optimal …We develop a model in which two firms that have proposed to merge are privately informed about merger …-specific efficiencies. This enables the firms to influence the merger control procedure by strategically revealing their information to an …

the Federal Trade Commission (“FTC”) in connection with their Request for Information on Merger Enforcement (“Merger RFI …”). The GAI welcomes the opportunity to provide input on the proposed changes to the Horizontal Merger Guidelines (“HMGs … Section 14 of the Merger RFI, in which the Agencies pose two questions that go to the heart of the treatment of efficiencies …

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 … merger control in this industry, as well as a more active abuse control against already vertically-integrated media companies …

interpretation. This article provides an overview of some of the significant developments in the 2010 U.S. Horizontal Merger … delves into discussions of Turkish competition law matters, as an example of emerging merger regime models, with respect to …

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 …

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 …

One of the most controversial aspects in the recently adopted U.S. horizontal merger guidelines has been the … leading competition authorities and will likely shape international consensus in merger review. It appears unlikely that this … approach will reduce analytical rigor in merger review and lead to more aggressive merger enforcement with an increased number …

authorities should assess a transaction where the main theory of harm is based on innovation considerations …