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- W3144902271 abstract "Concentration-based screens for horizontal mergers, such as those employed in the US DOJ and FTC Horizontal Merger Guidelines, play a central role in merger analysis. However, the basis for these screens, in both form and level, remains unclear. We show that there is both a theoretical and an empirical basis for focusing solely on the change in the Herfindahl index, and ignoring its level, in screening mergers for whether their unilateral effects will harm consumers. We also argue, again both theoretically and empirically, that the levels at which the presumptions currently are set may allow mergers to proceed that cause consumer harm." @default.
- W3144902271 created "2021-04-13" @default.
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- W3144902271 date "2020-01-01" @default.
- W3144902271 modified "2023-09-26" @default.
- W3144902271 title "Concentration Screens for Horizontal Mergers" @default.
- W3144902271 hasPublicationYear "2020" @default.
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