Farrell, Joseph; Shapiro, Carl - Institute of Business and Economic Research (IBER), … - 2007
Horizontal Merger Guidelines issued by the U.S. Department of Justice and the Federal Trade Commission (“Guidelinesâ€). The … Guidelines describe a relevant product market as a group of products for which a hypothetical monopolist would profitably impose … market definition that are consistent with the Guidelines, courts and agencies often rely on Critical Loss Analysis. For …