Horizontal Merger Analysis in Retail Markets

Download Horizontal Merger Analysis in Retail Markets PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.:/5 (13 download)

DOWNLOAD NOW!


Book Synopsis Horizontal Merger Analysis in Retail Markets by : Daniel S. Hosken

Download or read book Horizontal Merger Analysis in Retail Markets written by Daniel S. Hosken and published by . This book was released on 2015 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this essay, we describe antitrust analysis of horizontal mergers in U.S. retail markets. We begin by providing a brief overview of the economic and legal framework governing horizontal merger policy, and highlight key issues in analyzing retail mergers. Next, we discuss the changing legal treatment of retailing mergers by providing a description of four major merger challenges brought by U.S. antitrust authorities over the last 50 years. We then provide a detailed discussion of the economic tools used to analyze retailing mergers. We start by presenting a frequently used model of retail competition to illustrate how retail mergers can create or enhance market power. We then describe a variety of structural and reduced form empirical techniques that can be used to quantify competition between merging retailers and, in some cases, to forecast merger price effects.

The Economic Assessment of Mergers Under European Competition Law

Download The Economic Assessment of Mergers Under European Competition Law PDF Online Free

Author :
Publisher : Cambridge University Press
ISBN 13 : 1107007720
Total Pages : 559 pages
Book Rating : 4.1/5 (7 download)

DOWNLOAD NOW!


Book Synopsis The Economic Assessment of Mergers Under European Competition Law by : Daniel Gore

Download or read book The Economic Assessment of Mergers Under European Competition Law written by Daniel Gore and published by Cambridge University Press. This book was released on 2013-04-25 with total page 559 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a clear, concise and practical overview of the key economic techniques and evidence employed in European merger control.

Federal Trade Commission and United States Department of Justice Commentary on the Horizontal Merger Guidelines

Download Federal Trade Commission and United States Department of Justice Commentary on the Horizontal Merger Guidelines PDF Online Free

Author :
Publisher : DIANE Publishing
ISBN 13 : 1428953299
Total Pages : 71 pages
Book Rating : 4.4/5 (289 download)

DOWNLOAD NOW!


Book Synopsis Federal Trade Commission and United States Department of Justice Commentary on the Horizontal Merger Guidelines by :

Download or read book Federal Trade Commission and United States Department of Justice Commentary on the Horizontal Merger Guidelines written by and published by DIANE Publishing. This book was released on with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Handbook on the Economics of Retailing and Distribution

Download Handbook on the Economics of Retailing and Distribution PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1783477385
Total Pages : 513 pages
Book Rating : 4.7/5 (834 download)

DOWNLOAD NOW!


Book Synopsis Handbook on the Economics of Retailing and Distribution by : Emek Basker

Download or read book Handbook on the Economics of Retailing and Distribution written by Emek Basker and published by Edward Elgar Publishing. This book was released on 2016-01-29 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook explores and critically examines current research in economics and marketing science on key issues in retailing and distribution. Providing a rich perspective for the discussion of public policy, contributions from several disciplines and continents range from the history of chains and the impact of multinational retailers on international trade patterns to US merger policy in the retail context, the rise of the Internet, and consumer-to-consumer sales. The chapters address methodological issues such as the structural estimation of entry games between retailers, productivity measurement when both inputs and output are not fully observable, and demand estimation with variable assortment. Policy issues explored include mergers, zoning, and the regulation of buyer power, while other chapters address some of the recent exciting developments in technology, retail formats, and data availability. The book goes on to study the changes in online retailing and ‘big data’, and to examine competition in specific retail sectors including gasoline stations, automobile dealerships, supermarkets, and ‘big box’ retail. This state-of-the-art Handbook is an essential reference for students and academics of economics and marketing science, and offers an outsider’s perspective to specialists in operations research, data analytics, geography, and sociology.

Unilateral Effects Analysis

Download Unilateral Effects Analysis PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 10 pages
Book Rating : 4.:/5 (13 download)

DOWNLOAD NOW!


Book Synopsis Unilateral Effects Analysis by : Oana Romano

Download or read book Unilateral Effects Analysis written by Oana Romano and published by . This book was released on 2014 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of the Upward Pricing Pressure Test (hereafter referred to as the UPP test or the UPP methodology) for the unilateral effects analysis of merger cases which was developed by antitrust economists Joseph Farrell and Carl Shapiro marks a new era in merger evaluation field and offers a viable alternative to traditional methods. This paper studies the applicability and peculiarities of such a methodology and presents the feasibility of using the UPP test by competition authorities for ex-ante analysis of unilateral effects in retail horizontal mergers. Retail merger cases evaluated by the Romanian Competition Council have shown that competition authorities could rely on UPP and GUPPI methodologies when analyzing the unilateral effects of retail mergers as complying or not with the inequalities as well as information obtained in intermediate stages constitute additional arguments when formulating the decision regarding such mergers.

Essays on Horizontal Merger Simulation: The Curse of Dimensionality, Retail Price Discrimination, and Supply Channel Stage-games

Download Essays on Horizontal Merger Simulation: The Curse of Dimensionality, Retail Price Discrimination, and Supply Channel Stage-games PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 349 pages
Book Rating : 4.:/5 (761 download)

DOWNLOAD NOW!


Book Synopsis Essays on Horizontal Merger Simulation: The Curse of Dimensionality, Retail Price Discrimination, and Supply Channel Stage-games by : Geoffrey Michael Pofahl

Download or read book Essays on Horizontal Merger Simulation: The Curse of Dimensionality, Retail Price Discrimination, and Supply Channel Stage-games written by Geoffrey Michael Pofahl and published by . This book was released on 2006 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: The goal of the final essay is to explore the implementation of more realistic supply channel interactions in merger simulations. In particular, a two-stage pricing game is used to conduct merger simulations in the refrigerated orange juice category. The overriding finding is that comparisons with conventionally used models will not be practical until the relationship between demand specification and two-stage game modeling is better understood.

Horizontal Mergers

Download Horizontal Mergers PDF Online Free

Author :
Publisher : American Bar Association
ISBN 13 : 9780897072403
Total Pages : 356 pages
Book Rating : 4.0/5 (724 download)

DOWNLOAD NOW!


Book Synopsis Horizontal Mergers by : William Blumenthal

Download or read book Horizontal Mergers written by William Blumenthal and published by American Bar Association. This book was released on 1986 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Number 14 in the Antitrust law Section monograph series, this work summarizes the state of the law in every area affecting semihorizontal, conglomerate and vertical mergers, and was prepared as a companion to Monograph 12.

The Economics of the Antitrust Process

Download The Economics of the Antitrust Process PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 146131397X
Total Pages : 265 pages
Book Rating : 4.4/5 (613 download)

DOWNLOAD NOW!


Book Synopsis The Economics of the Antitrust Process by : M.B. Coate

Download or read book The Economics of the Antitrust Process written by M.B. Coate and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the antitrust process and how that process affects the efficiency of antitrust law enforcement. The contributors share a wide range of experiences in the antitrust process, including academia, the legal environment, and both private and public sectors. The book deals first with merger activities, followed by non-merger enforcement initiatives and concludes with an examination of the future role of antitrust.

Analyzing Horizontal Mergers

Download Analyzing Horizontal Mergers PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (129 download)

DOWNLOAD NOW!


Book Synopsis Analyzing Horizontal Mergers by : Herbert Hovenkamp

Download or read book Analyzing Horizontal Mergers written by Herbert Hovenkamp and published by . This book was released on 2009 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay offers a brief, non-technical exposition of the antitrust analysis of horizontal mergers in product differentiated markets where the resulting price increase is thought to be unilateral - that is, only the post-merger firm increases its prices while other firms in the market do not. More realistically, non-merging firms who are reasonably close in product space to the merging firm will also be able to increase their prices when the post-merger firm's prices rise. The unilateral effects theory is robust and has become quite conventional in merger analysis. There is certainly no reason for thinking that it involves any more conjecture than what occurs in traditional concentration-increasing merger analysis. Nevertheless, as with all predictions about mergers, we must live with a certain measure of uncertainty.

Competition Policy and Merger Analysis in Deregulated and Newly Competitive Industries

Download Competition Policy and Merger Analysis in Deregulated and Newly Competitive Industries PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 184844382X
Total Pages : 265 pages
Book Rating : 4.8/5 (484 download)

DOWNLOAD NOW!


Book Synopsis Competition Policy and Merger Analysis in Deregulated and Newly Competitive Industries by : Peter C. Carstensen

Download or read book Competition Policy and Merger Analysis in Deregulated and Newly Competitive Industries written by Peter C. Carstensen and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: The thorough analyses presented in the book provide the reader with a good overview of the deregulation process in the respective industries. . . Competition Policy and Merger Analysis in Deregulated and Newly Competitive Industries is a valuable resource for researchers of law, economics, and political science. . . Volker Soyez, European Competition Law Review This comprehensive book contains case studies on the evolution of competition policy, with an emphasis on merger policy, for seven major US industries that have experienced substantial deregulation in the past forty years electricity, natural gas, telecommunications, railroads, airlines, hospitals and banking. Also included is a comparison of the EU s experience in attempting to bring about competition in the energy, finance, and airline industries. The contributors to the volume, each a recognized expert on the industry examined, explore the positive and negative implications of the substitution of market-oriented processes for historic patterns of command and control regulation. The chapters reveal clear similarities in the economic, legal and public policy issues that have arisen following deregulation of these economic sectors. Together they provide a good basis to discern the consistency of the problems and the relative success of differing responses to these issues over a range of industries going through similar transformation. While taking a basically positive view of the movement away from direct regulation, the contributors identify a number of continuing problems with achieving workable competition in these industries. The thorough analyses presented here will be of great value to law, economics, and political science researchers interested in deregulation, economic consultants advising government agencies or private parties, attorneys who focus on deregulated industries, policy planners at the agencies overseeing these industries, and students in advanced seminars on economic regulation.

The 1992 Horizontal Merger Guidelines

Download The 1992 Horizontal Merger Guidelines PDF Online Free

Author :
Publisher : American Bar Association
ISBN 13 : 9780897077644
Total Pages : 72 pages
Book Rating : 4.0/5 (776 download)

DOWNLOAD NOW!


Book Synopsis The 1992 Horizontal Merger Guidelines by : American Bar Association. Section of Antitrust Law

Download or read book The 1992 Horizontal Merger Guidelines written by American Bar Association. Section of Antitrust Law and published by American Bar Association. This book was released on 1992 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Horizonal Merger Analysis

Download Horizonal Merger Analysis PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (122 download)

DOWNLOAD NOW!


Book Synopsis Horizonal Merger Analysis by : Louis Kaplow

Download or read book Horizonal Merger Analysis written by Louis Kaplow and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Horizontal Mergers

Download Horizontal Mergers PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.3/5 ( download)

DOWNLOAD NOW!


Book Synopsis Horizontal Mergers by : Joseph V. Farrell

Download or read book Horizontal Mergers written by Joseph V. Farrell and published by . This book was released on 1988 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Scale Economies and Synergies in Horizontal Merger Analysis

Download Scale Economies and Synergies in Horizontal Merger Analysis PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!


Book Synopsis Scale Economies and Synergies in Horizontal Merger Analysis by : Joseph Farrell

Download or read book Scale Economies and Synergies in Horizontal Merger Analysis written by Joseph Farrell and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Three years ago, the Antitrust Division and the Federal Trade Commission revised their Horizontal Merger Guidelines to articulate in greater detail how they would treat claims of efficiencies associated with horizontal mergers: claims that are frequently made, as for instance in the recently proposed merger between Heinz and Beech-Nut in the market for baby food. While these revisions to the Guidelines have a solid economic basis, they leave open many questions, both in theory and in practice. In this essay, we evaluate some aspects of the treatment of efficiencies, based on three years of enforcement experience under the revised Guidelines, including several litigated mergers, and based on economic principles drawn from oligopoly theory regarding cost savings, competition, and consumer welfare.

Horizontal Merger Guidelines

Download Horizontal Merger Guidelines PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.3/5 ( download)

DOWNLOAD NOW!


Book Synopsis Horizontal Merger Guidelines by : United States. Department of Justice

Download or read book Horizontal Merger Guidelines written by United States. Department of Justice and published by . This book was released on 1992 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economic Assessment of Mergers under European Competition Law

Download The Economic Assessment of Mergers under European Competition Law PDF Online Free

Author :
Publisher : Cambridge University Press
ISBN 13 : 110735482X
Total Pages : 559 pages
Book Rating : 4.1/5 (73 download)

DOWNLOAD NOW!


Book Synopsis The Economic Assessment of Mergers under European Competition Law by : Daniel Gore

Download or read book The Economic Assessment of Mergers under European Competition Law written by Daniel Gore and published by Cambridge University Press. This book was released on 2013-04-25 with total page 559 pages. Available in PDF, EPUB and Kindle. Book excerpt: This concise and practical guide to the most important economic techniques and evidence employed in modern merger control draws on the authors' extensive experience in advising on European merger cases. It offers an introduction to the relevant economic concepts and analytical tools, and stand-alone chapters provide an in-depth overview of the theoretical and practical issues related to market definition, unilateral effects, coordinated effects and non-horizontal mergers. Each form of economic evidence and analysis is illustrated with practical examples and an overview of key merger decisions.

How the Chicago School Overshot the Mark

Download How the Chicago School Overshot the Mark PDF Online Free

Author :
Publisher : Oxford University Press
ISBN 13 : 0199706751
Total Pages : 324 pages
Book Rating : 4.1/5 (997 download)

DOWNLOAD NOW!


Book Synopsis How the Chicago School Overshot the Mark by : Robert Pitofsky

Download or read book How the Chicago School Overshot the Mark written by Robert Pitofsky and published by Oxford University Press. This book was released on 2008-10-14 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.