Unilateral Effects From Mergers Of Firms Offering Differentiated Products
DOWNLOAD
Download Unilateral Effects From Mergers Of Firms Offering Differentiated Products PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Unilateral Effects From Mergers Of Firms Offering Differentiated Products book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Unilateral Effects From Mergers Of Firms Offering Differentiated Products
DOWNLOAD
Author : Deirdre L. Hay
language : en
Publisher: Vandeplas Pub.
Release Date : 2008
Unilateral Effects From Mergers Of Firms Offering Differentiated Products written by Deirdre L. Hay and has been published by Vandeplas Pub. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Antitrust law categories.
This book considers how courts and regulatory agencies in Australia and in the US can and should assess mergers of firms which produce products or services differentiated in the minds of consumers from other products or services. (Most if not all products and services are differentiated at least to some degree so the topic is relevant to most mergers.) This book seeks the best solution for Australia to the difficulties posed by such mergers. It does so by comparing the approach taken in Australia with that taken in the US. In the US, the main method of merger analysis where there are differentiated products is to consider whether the merger of two firms will create unilateral effects i.e., higher prices, by eliminating the constraint each firm places on the other. In Australia, Courts and the Tribunal, and until recently the Australian Competition and Consumer Commission (ACCC), have not emphasized unilateral effects. Comparatively little use has been made in Australia of economic methods (developed in the US) to isolate and predict unilateral effects of a merger. This book is timely in light of the ACCC's recent Public Competition Assessment in Woolworths Limited - Proposed Acquisition of Kmart and Officeworks from Coles Group Limited in which the ACCC stated explicitly it performed a unilateral effects analysis, and because the Australian Merger Guidelines are likely to be amended soon to include a new section on unilateral effects analysis. Part I defines and explains the significance of product differentiation and how it can lead to unilateral effects. Part II analyses the US approach to predicting the unilateral effects of mergers of firms producing differentiated products. Part III considers how mergers of firms that produce differentiated products and unilateral market power are analysed in Australia. Part IV compares the two jurisdictions. It summarises the problems and insufficiencies of the current Australian approach and the benefits of the US approach, and concludes that the Australian Courts (and to a lesser extent the ACCC) are insufficiently emphasising unilateral effects in predicting the effect of mergers of firms producing differentiated products. It recommends that unilateral effects analysis should be used in Australia to augment the current Australian approach to merger analysis, the Australian Guidelines should be amended, and US economic methods should be used to predict unilateral effects. About the author: Dr. Deirdre Hay is at the law firm Harris Beach PLLC, Ithaca New York. She does antitrust work and represents financial institutions in banking and real estate transactions. She has considerable experience in antitrust counseling, transactional, and litigation matters in both the US and Australia and has practiced intellectual property law in Australia. She has represented international clients before the Department of Justice, the Federal Trade Commission, and Australian Competition and Consumer Commission. Dr. Hay was involved in the successful Full Federal Court appeal, News Limited v. Australian Rugby League Ltd. (1996) 64 FCR 410 (Superleague Appeal), Multigroup Distribution Services Pty. Ltd. v. TNT Australia Pty. Ltd. and Ors., Trade Practices Commission v. Australian Feather Mills Pty. Ltd. (1989) 26 FCR 555, as well as the deregulation hearings for Pennsylvania Power & Light. Dr. Hay is an editor of the American Bar Association's Antitrust Law Journal and has served as Managing Editor.
Simulation As An Alternative To Structural Merger Policy In Differentiated Products Industries
DOWNLOAD
Author : Gregory Werden
language : en
Publisher:
Release Date : 1995
Simulation As An Alternative To Structural Merger Policy In Differentiated Products Industries written by Gregory Werden and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Consolidation and merger of corporations categories.
The Economic Assessment Of Mergers Under European Competition Law
DOWNLOAD
Author : Daniel Gore
language : en
Publisher: Cambridge University Press
Release Date : 2013-04-25
The Economic Assessment Of Mergers Under European Competition Law written by Daniel Gore and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-25 with Business & Economics categories.
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
DOWNLOAD
Author : Gregory Werden
language : en
Publisher:
Release Date : 1993
The Effects Of Mergers In Differentiated Products Industries written by Gregory Werden and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Consolidation and merger of corporations categories.
The Coordinated Effects Of Mergers In Differentiated Product Markets
DOWNLOAD
Author : Kai-Uwe Kühn
language : en
Publisher:
Release Date : 2004
The Coordinated Effects Of Mergers In Differentiated Product Markets written by Kai-Uwe Kühn and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Consolidation and merger of corporations categories.
The Effects Of Mergers In Differentiated Products Industries
DOWNLOAD
Author : Gregory Werden
language : en
Publisher:
Release Date : 1993
The Effects Of Mergers In Differentiated Products Industries written by Gregory Werden and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Consolidation and merger of corporations categories.
How The Chicago School Overshot The Mark
DOWNLOAD
Author : Robert Pitofsky
language : en
Publisher: Oxford University Press
Release Date : 2008-10-14
How The Chicago School Overshot The Mark written by Robert Pitofsky and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-10-14 with Law categories.
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.
Uk Merger Control
DOWNLOAD
Author : Jonathan Parker
language : en
Publisher: Bloomsbury Publishing
Release Date : 2016-09-22
Uk Merger Control written by Jonathan Parker and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-22 with Law categories.
This book is a fully up-to-date, comprehensive guide to the law, economics and practice of UK merger control law. This guide presents an integrated legal and economic assessment of the substantive appraisal of mergers and examines in detail the following topics: the history of the Enterprise Act and its development from the Fair Trading Act; the various regulatory bodies that form the institutional structure of the UK merger control regime; enterprises subject to merger control regulation and the jurisdictional thresholds of the Enterprise Act; the relationship of the Enterprise Act with the European Merger Regulation; public interest mergers and the role of the Secretary of State; and merger remedies. All recent legislative developments including the merger of the OFT and the Competition Commission and the Enterprise and Regulatory Reform Act 2013, as well as all relevant case since the first edition of the magisterial text are explored.
Economics Of Regulation And Antitrust Fifth Edition
DOWNLOAD
Author : W. Kip Viscusi
language : en
Publisher: MIT Press
Release Date : 2018-08-14
Economics Of Regulation And Antitrust Fifth Edition written by W. Kip Viscusi and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-08-14 with Business & Economics categories.
A thoroughly revised and updated edition of the leading textbook on government and business policy, presenting the key principles underlying sound regulatory and antitrust policy. Regulation and antitrust are key elements of government policy. This new edition of the leading textbook on government and business policy explains how the latest theoretical and empirical economic tools can be employed to analyze pressing regulatory and antitrust issues. The book departs from the common emphasis on institutions, focusing instead on the relevant underlying economic issues, using state-of-the-art analysis to assess the appropriate design of regulatory and antitrust policy. Extensive case studies illustrate fundamental principles and provide insight on key issues in regulation and antitrust policy. This fifth edition has been thoroughly revised and updated, reflecting both the latest developments in economic analysis and recent economic events. The text examines regulatory practices through the end of the Obama and beginning of the Trump administrations. New material includes coverage of global competition and the activities of the European Commission; recent mergers, including Comcast-NBC Universal; antitrust in the new economy, including investigations into Microsoft and Google; the financial crisis of 2007–2008 and the Dodd-Frank Act; the FDA approval process; climate change policies; and behavioral economics as a tool for designing regulatory strategies.
U S Department Of Justice Merger Guidelines
DOWNLOAD
Author : United States. Department of Justice. Antitrust Division
language : en
Publisher:
Release Date : 1984
U S Department Of Justice Merger Guidelines written by United States. Department of Justice. Antitrust Division and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Antitrust law categories.