Antitrust and Merger Policy: A Review and Critique | Zendy

Lawrence J. White | Zendy

AI Assistant Blog Pricing

Home ZAIA Blog

Open Access

Antitrust and Merger Policy: A Review and Critique

Author(s) -

Lawrence J. White

Publication year - 1987

Publication title -

the journal of economic perspectives

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 9.614

H-Index - 196

eISSN - 1944-7965

pISSN - 0895-3309

DOI - 10.1257/jep.1.2.13

Subject(s) - merger guidelines , market definition , context (archaeology) , economic justice , competition policy , enforcement , economics , relevant market , law and economics , market share , merger control , business , industrial organization , market structure , microeconomics , political science , law , finance , commission , monopoly , biology , paleontology

This review will consider the Department of Justice Merger Guidelines of the 1980s, discussing market definition, market share concentration and entry conditions, consideration of other market characteristics, and cost efficiencies. It will also assess the application of the guidelines in practice. The merger guidelines are certainly not perfect, nor have they been applied perfectly. But they represent an important advance over that which preceded them, and they represent an exceedingly sensible way to think about merger enforcement and especially about market definition in a merger context. Policy has surely improved as a consequence of their development and application.

The content you want is available to Zendy users.

Already have an account? Click here to sign in.

Having issues? You can contact us here

Accelerating Research