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- Title
The 2010 Revised Merger Guidelines and Modern Industrial Economics.
- Authors
Salinger, Michael
- Abstract
The new Horizontal Merger Guidelines provide greater transparency into how the Department of Justice and the Federal Trade Commission staffs review horizontal mergers than did the guidelines they replaced. While they reflect some advances in economic techniques for predicting the competitive consequences of mergers (most notabley the Upward Pricing Pressure test), greater attention to costs and efficiencies could further improve merger review.
- Subjects
UNITED States; MERGERS &; acquisitions law; INDUSTRIAL organization (Economic theory); HORIZONTAL integration; UNITED States. Dept. of Justice; UNITED States. Federal Trade Commission; ECONOMIC competition; ANTITRUST law; OLIGOPOLIES
- Publication
Review of Industrial Organization, 2011, Vol 39, Issue 1/2, p159
- ISSN
0889-938X
- Publication type
Article
- DOI
10.1007/s11151-011-9310-z