took a thoroughly modern approach to merger policy, relying on economic theory and empirics to formulate a rules …-based approach to policy that focused on promoting economic rather than broader social ends. If elements of Turner's merger policy … played a key role in bringing economic rationality to merger policy, and antitrust policy more generally …

Australian Government in April 2003. The first substantial chapter in the report relates to mergers. While recommending the … procedural change in the assessment of proposed mergers. This paper examines those recommendations …

The 2010 Horizontal Merger Guidelines (Guidelines) advance the use of the Gross Upward Pricing Pressure Index (GUPPI …) for analyzing unilateral effects of mergers in differentiated-products industries. However, the Guidelines do not quantify … concentration (ΔHHI) below which a merger is considered unlikely to harm competition, i.e., to lie within a safe harbor. Prior …

merger, to balance them against the potential for increased costs. However, a branch of health care economics lets us make … approach and the 2010 Horizontal Merger Guidelines contemplate it in Section 5. It enables us to use established procedures to … put the quality of care into healthcare merger analysis …

U.S. antitrust law empowers enforcers to review pending mergers that might undermine competition. But there is growing … evidence that the merger-review regime is failing to perform its core procompetitive function. Industry concentration and the … aggressive antitrust interventions have critiqued the substantive merger-review standard, arguing that it is too friendly to …

The United Kingdom (UK) is expected to leave the European Union (EU) in the near future. When it does so, mergers … affecting both the EU and the UK will lose the benefit of the “one stop shop” under the EU Merger Regulation (EUMR) and the … European Commission (the Commission) will have no right or duty to take account of the impact on the UK of mergers it reviews …

Should merger control take account of the current economic and financial crisis? While there are no credible reasons to … merger rationale, (b) the pro- and anti-competitive effects of concentrations, and (c) the availability of remedies …

One of the most controversial aspects in the recently adopted U.S. horizontal merger guidelines has been the … “downgrading” of market definition and market shares in the analysis of differentiated products mergers. Observers have argued that … the contrary, the U.S. agencies’ approach to differentiated products mergers is consistent with the approach of other …

analyzing data from the FTC’s and the DOJ’s review of mergers over thirty years, from 1981 through 2010, for correlations to … times counterintuitive, relationships between specific administrations and merger review and enforcement activity. On a more … granular level, these data also demonstrate some trends regarding how merger review and enforcement statistics have been …

Should internet era merger policy differ from industrial era merger policy? Platform ecosystems rely on economies of … traditional merger policy tools. This paper examines the acquisition strategies of the five major U.S. platforms—Google, Amazon …, Facebook, Apple, and Microsoft— since their inception. We discuss the main merger and acquisition theories of harm and how …