Mergers with Weak Competition : Reflections on FTC v. Lundbeck

In FTC v. Lundbeck, courts rejected a challenge to an acquisition placing under common control the only two drugs for treating a heart defect in newborns. Although the court decisions in the case have been severely criticized, they might well have achieved the right result for the right reason. In a simple model reflecting the weak competition between the drugs found by the courts, duopoly nearly always yields monopoly or near monopoly pricing

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Year of publication:	2012
Authors:	Werden, Gregory J.
Publisher:	[2012]: [S.l.] : SSRN
Subject:	Fusion \| Merger \| Fusionskontrolle \| Merger control \| Wettbewerbspolitik \| Competition policy \| Wettbewerb \| Competition \| Theorie \| Theory \| Internationaler Wettbewerb \| International competition

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Extent:	1 Online-Ressource (3 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments February 21, 2012 erstellt
Other identifiers:	10.2139/ssrn.2008756 [DOI]
Classification:	D43 - Oligopoly and Other Forms of Market Imperfection ; K21 - Antitrust Law ; L13 - Oligopoly and Other Imperfect Markets ; L41 - Monopolization; Horizontal Anticompetitive Practices
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013110401