The Demsetz Postulate and the Effects of Mergers in Differentiated Products Industries

The Demsetz Postulate and the Effects of Mergers in Differentiated Products Industries PDF Author: Luke M. Froeb
Publisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 26

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Book Description

The Demsetz Postulate and the Effects of Mergers in Differentiated Products Industries

The Demsetz Postulate and the Effects of Mergers in Differentiated Products Industries PDF Author: Luke M. Froeb
Publisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 26

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Book Description


The Economic Assessment of Mergers Under European Competition Law

The Economic Assessment of Mergers Under European Competition Law PDF Author: Daniel Gore
Publisher: Cambridge University Press
ISBN: 1107007720
Category : Business & Economics
Languages : en
Pages : 559

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Book Description
Provides a clear, concise and practical overview of the key economic techniques and evidence employed in European merger control.

The Effects of Mergers in Differentiated Products Industries

The Effects of Mergers in Differentiated Products Industries PDF Author: Gregory Werden
Publisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 30

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Book Description


The Rate and Direction of Inventive Activity Revisited

The Rate and Direction of Inventive Activity Revisited PDF Author: Josh Lerner
Publisher: University of Chicago Press
ISBN: 0226473031
Category : Art
Languages : en
Pages : 715

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Book Description
This volume offers contributions to questions relating to the economics of innovation and technological change. Central to the development of new technologies are institutional environments and among the topics discussed are the roles played by universities and the ways in which the allocation of funds affects innovation.

The Coordinated Effects of Mergers in Differentiated Product Markets

The Coordinated Effects of Mergers in Differentiated Product Markets PDF Author: Kai-Uwe Kühn
Publisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 60

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Book Description


How the Chicago School Overshot the Mark

How the Chicago School Overshot the Mark PDF Author: Robert Pitofsky
Publisher: Oxford University Press
ISBN: 0199706751
Category : Law
Languages : en
Pages : 324

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Book Description
How the Chicago School Overshot the Mark is about the rise and recent fall of American antitrust. It is a collection of 15 essays, almost all expressing a deep concern that conservative economic analysis is leading judges and enforcement officials toward an approach that will ultimately harm consumer welfare. For the past 40 years or so, U.S. antitrust has been dominated intellectually by an unusually conservative style of economic analysis. Its advocates, often referred to as "The Chicago School," argue that the free market (better than any unelected band of regulators) can do a better job of achieving efficiency and encouraging innovation than intrusive regulation. The cutting edge of Chicago School doctrine originated in academia and was popularized in books by brilliant and innovative law professors like Robert Bork and Richard Posner. Oddly, a response to that kind of conservative doctrine may be put together through collections of scores of articles but until now cannot be found in any one book. This collection of essays is designed in part to remedy that situation. The chapters in this book were written by academics, former law enforcers, private sector defense lawyers, Republicans and Democrats, representatives of the left, right and center. Virtually all agree that antitrust enforcement today is better as a result of conservative analysis, but virtually all also agree that there have been examples of extreme interpretations and misinterpretations of conservative economic theory that have led American antitrust in the wrong direction. The problem is not with conservative economic analysis but with those portions of that analysis that have "overshot the mark" producing an enforcement approach that is exceptionally generous to the private sector. If the scores of practices that traditionally have been regarded as anticompetitive are ignored, or not subjected to vigorous enforcement, prices will be higher, quality of products lower, and innovation diminished. In the end consumers will pay.

U.S. Department of Justice Merger Guidelines

U.S. Department of Justice Merger Guidelines PDF Author: United States. Department of Justice. Antitrust Division
Publisher:
ISBN:
Category : Antitrust law
Languages : en
Pages : 40

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Book Description


Handbook of Antitrust Economics

Handbook of Antitrust Economics PDF Author: Paolo Buccirossi
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 716

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Book Description
Experts examine the application of economic theory to antitrust issues in both the United States and Europe, discussing mergers, agreements, abuses of dominance, and the impact of market features. Over the past twenty years, economic theory has begun to play a central role in antitrust matters. In earlier days, the application of antitrust rules was viewed almost entirely in formal terms; now it is widely accepted that the proper interpretation of these rules requires an understanding of how markets work and how firms can alter their efficient functioning. The Handbook of Antitrust Economics offers scholars, students, administrators, courts, companies, and lawyers the economist's view of the subject, describing the application of newly developed theoretical models and improved empirical methods to antitrust and competition law in both the United States and the European Union. (The book uses the U.S. term “antitrust law” and the European “competition law” interchangeably, emphasizing the commonalities between the two jurisdictions.) After a general discussion of the use of empirical methods in antitrust cases, the Handbook covers mergers, agreements, abuses of dominance (or unilateral conducts), and market features that affect the way firms compete. Chapters examine such topics as analyzing the competitive effects of both horizontal and vertical mergers, detecting and preventing cartels, theoretical and empirical analysis of vertical restraints, state aids, the relationship of competition law to the defense of intellectual property, and the application of antitrust law to “bidding markets,” network industries, and two-sided markets. Contributors Mark Armstrong, Jonathan B. Baker, Timothy F. Bresnahan, Paulo Buccirossi, Nicholas Economides, Hans W. Friederiszick, Luke M. Froeb, Richard J. Gilbert, Joseph E. Harrington, Jr., Paul Klemperer, Kai-Uwe Kuhn, Francine Lafontaine, Damien J. Neven, Patrick Rey, Michael H. Riordan, Jean-Charles Rochet, Lars-Hendrick Röller, Margaret Slade, Giancarlo Spagnolo, Jean Tirole, Thibaud Vergé, Vincent Verouden, John Vickers, Gregory J. Werden

Simulation as an Alternative to Structural Merger Policy in Differentiated Products Industries

Simulation as an Alternative to Structural Merger Policy in Differentiated Products Industries PDF Author: Gregory Werden
Publisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 42

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Book Description


Modelling European Mergers

Modelling European Mergers PDF Author: Peter A. G. van Bergeijk
Publisher: Edward Elgar Publishing
ISBN: 9781781958933
Category : Business & Economics
Languages : en
Pages : 240

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Book Description
Modelling European Mergers presents a comprehensive and fresh perspective on the economic analysis of mergers by leading academics and competition policymakers from Europe and the US. The book frankly discusses the pro's and con's of using applied game theory models in merger control from a historical and theoretical perspective. Seven case studies on the actual use of advanced techniques and models in legal procedures provide a perspective from the national competition authorities in Belgium, Denmark, Italy. The Netherlands and Sweden on markets that range from basic goods such as bread and aperitifs to complex products such as electricity, literature and software. The case studies provide many insights into practical issues such as data collection, procedures and errors of predication, as well as in the relative merits of different econometric approaches. A recurring theme of the book is how economic insights insights can be translated into convincing legal decisions.