Author: Christine Varney
Publisher: DIANE Publishing
ISBN: 1437987753
Category : Business & Economics
Languages : en
Pages : 39
Book Description
This document is intended to provide guidance to Dept. of Justice (DOJ) Antitrust Division staff in their work analyzing proposed remedies for mergers. This Policy Guide updates the Division's 2004 guidance. The merger landscape has evolved since 2004 globalization has reshaped the face of many modern markets. The Division increasingly reviews complex international and vertical transactions. To carry out their mission effectively and efficiently, the Division's Office of the General Counsel now has principal responsibility for enforcing Division decrees. Contents: (1) Introduction; (2) Tailoring Effective Remedies: Key Principles; Types of Mergers; (3) Types of Remedies: Structural Remedies; Conduct Remedies; Hybrid Remedies; (4) Additional Considerations in Choosing a Remedy: Regulated Industries; Other Considerations; (5) Implementing Effective Remedies: Practical Considerations: Timing; Protecting Divestiture Remedies; Divestiture Contract Terms; (6) Compliance: Compliance Enforcement; Reporting and Inspection Requirements; Contempt. This is a print on demand report.
Department of Justice Antitrust Division Policy Guide to Merger Remedies
Author: Christine Varney
Publisher: DIANE Publishing
ISBN: 1437987753
Category : Business & Economics
Languages : en
Pages : 39
Book Description
This document is intended to provide guidance to Dept. of Justice (DOJ) Antitrust Division staff in their work analyzing proposed remedies for mergers. This Policy Guide updates the Division's 2004 guidance. The merger landscape has evolved since 2004 globalization has reshaped the face of many modern markets. The Division increasingly reviews complex international and vertical transactions. To carry out their mission effectively and efficiently, the Division's Office of the General Counsel now has principal responsibility for enforcing Division decrees. Contents: (1) Introduction; (2) Tailoring Effective Remedies: Key Principles; Types of Mergers; (3) Types of Remedies: Structural Remedies; Conduct Remedies; Hybrid Remedies; (4) Additional Considerations in Choosing a Remedy: Regulated Industries; Other Considerations; (5) Implementing Effective Remedies: Practical Considerations: Timing; Protecting Divestiture Remedies; Divestiture Contract Terms; (6) Compliance: Compliance Enforcement; Reporting and Inspection Requirements; Contempt. This is a print on demand report.
Publisher: DIANE Publishing
ISBN: 1437987753
Category : Business & Economics
Languages : en
Pages : 39
Book Description
This document is intended to provide guidance to Dept. of Justice (DOJ) Antitrust Division staff in their work analyzing proposed remedies for mergers. This Policy Guide updates the Division's 2004 guidance. The merger landscape has evolved since 2004 globalization has reshaped the face of many modern markets. The Division increasingly reviews complex international and vertical transactions. To carry out their mission effectively and efficiently, the Division's Office of the General Counsel now has principal responsibility for enforcing Division decrees. Contents: (1) Introduction; (2) Tailoring Effective Remedies: Key Principles; Types of Mergers; (3) Types of Remedies: Structural Remedies; Conduct Remedies; Hybrid Remedies; (4) Additional Considerations in Choosing a Remedy: Regulated Industries; Other Considerations; (5) Implementing Effective Remedies: Practical Considerations: Timing; Protecting Divestiture Remedies; Divestiture Contract Terms; (6) Compliance: Compliance Enforcement; Reporting and Inspection Requirements; Contempt. This is a print on demand report.
Mergers, Merger Control, and Remedies
Author: John Kwoka
Publisher: MIT Press
ISBN: 0262028484
Category : Business & Economics
Languages : en
Pages : 283
Book Description
A comprehensive analysis of merger outcomes based on all empirical studies, with an assessment of the effectiveness of antitrust policy toward mergers. In recent decades, antitrust investigations and cases targeting mergers—including those involving Google, Ticketmaster, and much of the domestic airline industry—have reshaped industries and changed business practices profoundly. And yet there has been a relative dearth of detailed evaluations of the effects of mergers and the effectiveness of merger policy. In this book, John Kwoka, a noted authority on industrial organization, examines all reliable empirical studies of the effect of specific mergers and develops entirely new information about the policies and remedies of antitrust agencies regarding these mergers. Combined with data on outcomes, this policy information enables analysis of, and creates new insights into, mergers, merger policies, and the effectiveness of remedies in preventing anticompetitive outcomes. After an overview of mergers, merger policy, and a common approach to merger analysis, Kwoka offers a detailed analysis of the studied mergers, relevant policies, and chosen remedies. Kwoka finds, first and foremost, that most of the studied mergers resulted in competitive harm, usually in the form of higher product prices but also with respect to various non-price outcomes. Other important findings include the fact that joint ventures and code sharing arrangements do not result in such harm and that policies intended to remedy mergers—especially conduct remedies—are not generally effective in restraining price increases. The book's uniquely comprehensive analysis advances our understanding of merger decisions and policies, suggests policy improvements for competition agencies and remedies, and points the way to future research.
Publisher: MIT Press
ISBN: 0262028484
Category : Business & Economics
Languages : en
Pages : 283
Book Description
A comprehensive analysis of merger outcomes based on all empirical studies, with an assessment of the effectiveness of antitrust policy toward mergers. In recent decades, antitrust investigations and cases targeting mergers—including those involving Google, Ticketmaster, and much of the domestic airline industry—have reshaped industries and changed business practices profoundly. And yet there has been a relative dearth of detailed evaluations of the effects of mergers and the effectiveness of merger policy. In this book, John Kwoka, a noted authority on industrial organization, examines all reliable empirical studies of the effect of specific mergers and develops entirely new information about the policies and remedies of antitrust agencies regarding these mergers. Combined with data on outcomes, this policy information enables analysis of, and creates new insights into, mergers, merger policies, and the effectiveness of remedies in preventing anticompetitive outcomes. After an overview of mergers, merger policy, and a common approach to merger analysis, Kwoka offers a detailed analysis of the studied mergers, relevant policies, and chosen remedies. Kwoka finds, first and foremost, that most of the studied mergers resulted in competitive harm, usually in the form of higher product prices but also with respect to various non-price outcomes. Other important findings include the fact that joint ventures and code sharing arrangements do not result in such harm and that policies intended to remedy mergers—especially conduct remedies—are not generally effective in restraining price increases. The book's uniquely comprehensive analysis advances our understanding of merger decisions and policies, suggests policy improvements for competition agencies and remedies, and points the way to future research.
United States Attorneys' Manual
Author: United States. Department of Justice
Publisher:
ISBN:
Category : Justice, Administration of
Languages : en
Pages : 720
Book Description
Publisher:
ISBN:
Category : Justice, Administration of
Languages : en
Pages : 720
Book Description
Premerger Notification Practice Manual
Author: Bruce J. Prager
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 312
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 312
Book Description
Controlling Mergers and Market Power
Author: John Kwoka
Publisher:
ISBN: 9781950769575
Category : Business & Economics
Languages : en
Pages : 160
Book Description
This is an important and timely contribution from a prominent antitrust economist and policy advisor. It has been many decades since questions about antitrust enforcement have been so prominent in political, economic, and scholarly debate. Mergers in countless industries, rising concentration throughout the economy, and the dominance of tech giants have brought renewed attention to the role and the responsibility of antitrust policy.
Publisher:
ISBN: 9781950769575
Category : Business & Economics
Languages : en
Pages : 160
Book Description
This is an important and timely contribution from a prominent antitrust economist and policy advisor. It has been many decades since questions about antitrust enforcement have been so prominent in political, economic, and scholarly debate. Mergers in countless industries, rising concentration throughout the economy, and the dominance of tech giants have brought renewed attention to the role and the responsibility of antitrust policy.
Remedies in EU Competition Law
Author: Damien Gerard
Publisher: Kluwer Law International B.V.
ISBN: 9403522445
Category : Law
Languages : en
Pages : 362
Book Description
By their nature, remedies are central to competition law enforcement and represent the yardstick against which the efficiency of the overall system can be measured. Yet very rarely have remedies been treated in a horizontal and comprehensive manner from the combined perspectives of substance, process and policy. The present volume, developed in partnership with the College of Europe’s Global Competition Law Centre (GCLC), provides coherent, practical, and authoritative commentaries by leading experts from the GCLC’s incomparable network. The contributions – originally presented at the 2019 GCLC annual conference – examine remedies to assess the overall effectiveness of competition law enforcement in merger, antitrust and State aid matters. The overall topic is presented under five headings: objectives and limitations of remedies; types of remedies in competition law enforcement; implementation and process; ex post assessment of remedies and policy lessons; and national and international approaches. The high-profile and wide-ranging group of authors includes the Director-General of the European Commission’s competition department, lawyers from major international firms, and well-known economists and academics specialising in competition law. With a sharp focus on how to make competition rules work well in today’s digital environment, this systematic and coherent analysis illuminates an issue that we need to fully grasp and understand in order to make sense of competition policy, law and enforcement in the years and decades to come.
Publisher: Kluwer Law International B.V.
ISBN: 9403522445
Category : Law
Languages : en
Pages : 362
Book Description
By their nature, remedies are central to competition law enforcement and represent the yardstick against which the efficiency of the overall system can be measured. Yet very rarely have remedies been treated in a horizontal and comprehensive manner from the combined perspectives of substance, process and policy. The present volume, developed in partnership with the College of Europe’s Global Competition Law Centre (GCLC), provides coherent, practical, and authoritative commentaries by leading experts from the GCLC’s incomparable network. The contributions – originally presented at the 2019 GCLC annual conference – examine remedies to assess the overall effectiveness of competition law enforcement in merger, antitrust and State aid matters. The overall topic is presented under five headings: objectives and limitations of remedies; types of remedies in competition law enforcement; implementation and process; ex post assessment of remedies and policy lessons; and national and international approaches. The high-profile and wide-ranging group of authors includes the Director-General of the European Commission’s competition department, lawyers from major international firms, and well-known economists and academics specialising in competition law. With a sharp focus on how to make competition rules work well in today’s digital environment, this systematic and coherent analysis illuminates an issue that we need to fully grasp and understand in order to make sense of competition policy, law and enforcement in the years and decades to come.
Innovation Matters
Author: Richard J. Gilbert
Publisher: MIT Press
ISBN: 026235862X
Category : Business & Economics
Languages : en
Pages : 337
Book Description
A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and available evidence on economic incentives for innovation. Competition policy and antitrust enforcement have traditionally focused on prices rather than innovation. Economic theory shows the ways that price competition benefits consumers, and courts, antitrust agencies, and economists have developed tools for the quantitative evaluation of price impacts. Antitrust law does not preclude interventions to encourage innovation, but over time the interpretation of the laws has raised obstacles to enforcement policies for innovation. In this book, economist Richard Gilbert proposes a shift from price-centric to innovation-centric competition policy. Antitrust enforcement should be concerned with protecting incentives for innovation and preserving opportunities for dynamic, rather than static, competition. In a high-technology economy, Gilbert argues, innovation matters.
Publisher: MIT Press
ISBN: 026235862X
Category : Business & Economics
Languages : en
Pages : 337
Book Description
A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and available evidence on economic incentives for innovation. Competition policy and antitrust enforcement have traditionally focused on prices rather than innovation. Economic theory shows the ways that price competition benefits consumers, and courts, antitrust agencies, and economists have developed tools for the quantitative evaluation of price impacts. Antitrust law does not preclude interventions to encourage innovation, but over time the interpretation of the laws has raised obstacles to enforcement policies for innovation. In this book, economist Richard Gilbert proposes a shift from price-centric to innovation-centric competition policy. Antitrust enforcement should be concerned with protecting incentives for innovation and preserving opportunities for dynamic, rather than static, competition. In a high-technology economy, Gilbert argues, innovation matters.
The Merger Review Process
Author: Ilene Knable Gotts
Publisher: American Bar Association
ISBN: 9781570738838
Category : Business & Economics
Languages : en
Pages : 610
Book Description
Revised and expanded, this comprehensive guide to the process and procedures of merger review at the federal agencies makes the federal review process more comprehensible and accessible to parties and their counsel.
Publisher: American Bar Association
ISBN: 9781570738838
Category : Business & Economics
Languages : en
Pages : 610
Book Description
Revised and expanded, this comprehensive guide to the process and procedures of merger review at the federal agencies makes the federal review process more comprehensible and accessible to parties and their counsel.
The Antitrust Paradox
Author: Robert Bork
Publisher:
ISBN: 9781736089712
Category :
Languages : en
Pages : 536
Book Description
The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.
Publisher:
ISBN: 9781736089712
Category :
Languages : en
Pages : 536
Book Description
The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.
The Merger Control Review
Author: Ilene Knable Gotts
Publisher:
ISBN: 9781804490952
Category : Conglomerate corporations
Languages : en
Pages : 0
Book Description
Publisher:
ISBN: 9781804490952
Category : Conglomerate corporations
Languages : en
Pages : 0
Book Description