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Why We Need to Measure the Effect of Merger Policy and How to Do it

Carlton, Dennis W. - 2010

In this article, I explain the inadequacy of our current state of knowledge regarding the effectiveness of antitrust policy towards mergers. I then discuss the types of data that one must collect in order to be able to perform an analysis of the effectiveness of antitrust policy. There are two...

Persistent link: https://www.econbiz.de/10012757872

Political Discretion and Antitrust Policy : Evidence from the Assassination of President Mckinley

Baker, Richard B. - 2018

We study the importance of discretion in antitrust enforcement by analyzing the response of asset prices to the sudden accession of Theodore Roosevelt to the presidency. During McKinley's term in office the largest wave of merger activity in American history occurred, and his administration did...

Persistent link: https://www.econbiz.de/10012908167

Antitrust and Competition in Health Care Markets

Gaynor, Martin; Vogt, William B. - 2021

In this paper we review issues relating to antitrust and competition in health care markets. The paper begins with a brief review of antitrust legislation. We then discuss whether and how health care is different from other industries in ways that might affect the optimality of competition. The...

Persistent link: https://www.econbiz.de/10013224318

The Competition between Competition Rules

Sinn, Hans-Werner - 2021

Open borders imply systems competition. This paper studies the implications of systems competition for the national competition rules. It is shown that an equilibrium where all countries retain their antitrust laws does not exist, since abolishing this law makes it possible for a single country...

Persistent link: https://www.econbiz.de/10013227744

Legal Monopoly : Patents and Antitrust Litigation in U.S. Manufacturing, 1970-1998

Khan, B. Zorina - 2022

This paper presents an empirical analysis of the relationship between patenting, innovation, and federal antitrust enforcement towards firms in the manufacturing sector. I examine whether the likelihood of antitrust litigation is influenced by patent histories and R&D expenditures, after...

Persistent link: https://www.econbiz.de/10013323461

U.S. V. Microsoft : Did Consumers Win?

Evans, David A.; Evans, David S.; Nichols, Albert L.; … - 2022

U.S. v. Microsoft and the related state suit filed in 1998 appear finally to have concluded. In a unanimous en banc decision issued in late June 2004, the D.C. Circuit Court of Appeals rejected challenges to the remedies approved by the District Court in November 2002. The wave of follow-on...

Persistent link: https://www.econbiz.de/10014061553

Antitrust and Regulation

Carlton, Dennis W. - 2007

Since the passage of the Interstate Commerce Act (1897) and the Sherman Act (1890), regulation and antitrust have operated as competing mechanisms to control competition. Regulation produced cross-subsidies and favors to special interests, but specified prices and rules of mandatory dealing....

Persistent link: https://www.econbiz.de/10012777652

Antitrust

Kaplow, Louis - 2010

This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...

Persistent link: https://www.econbiz.de/10012760415

Competition Policy and International Trade

Levinsohn, James Alan - 2021

-trust) policy and international trade. While recent advances in international trade theory have borrowed heavily from the industrial … organization literature, this work has a schizophrenic quality to it. One of the insights that motivated the new trade theory was … competition between firms. While trade theorists have borrowed heavily from the theory of industrial organization, they seem to …

Persistent link: https://www.econbiz.de/10013249155

Settling for Coupons : Discount Contracts as Compensation and Punishment in Antitrust Lawsuits

Borenstein, Severin - 2021

A number of recent antitrust lawsuits have been settled with discount contracts in which the defendants agree in the future to sell to the plaintiffs at a discount off of the price they offer to other buyers. Economists often object to such settlements, arguing that the sellers will partially or...

Persistent link: https://www.econbiz.de/10013226564