Matches in SemOpenAlex for { <https://semopenalex.org/work/W87667170> ?p ?o ?g. }
Showing items 1 to 100 of
100
with 100 items per page.
- W87667170 abstract "Both the courts and the antitrust enforcement agencies often assert that merger-related efficiencies should not be recognized formally as an offset to likely anticompetitive effects unless the proponents demonstrate that the efficiencies (1) are merger specific, i.e., equivalent or comparable savings achieved by the merging firms cannot reasonably be achieved by some less anticompetitive alternative, and (2) are likely to be passed to consumers in the form of lower prices.1 The logic of the merger-specificity requirement is well accepted: if efficiencies may be achieved by some means that does not create market power, they cannot serve as a justification for the creation of market power. The passing-on requirement, on the other hand, is more controversial. At a minimum it represents a clear invocation of the consumer surplus standard (prohibiting wealth transfers), rather than the total surplus standard (maximizing allocative efficiency), for evaluating the legality of transactions under Section 7 of the Clayton Act.2 More important, even assuming that prohibiting a reduction in consumer surplus is the only objective of Section 7 analysis, the passing-on requirement, in its conventional articulation, appears to be based on a conception of market conduct that is entirely at odds with the basic economic theory upon which modern antitrust law is based. Indeed, application of the requirement, as motivated by this misconception of market conduct, would discount efficiencies in those cases in which efficiencies ought to have the most relevance to Section 7 analysis." @default.
- W87667170 created "2016-06-24" @default.
- W87667170 creator A5003793343 @default.
- W87667170 creator A5031744140 @default.
- W87667170 creator A5052388586 @default.
- W87667170 creator A5055123865 @default.
- W87667170 creator A5056161102 @default.
- W87667170 creator A5079872971 @default.
- W87667170 date "2016-01-01" @default.
- W87667170 modified "2023-09-27" @default.
- W87667170 title "MERGER EFFICIENCIES: RECONSIDERING THE PASSING-ON REQUIREMENT" @default.
- W87667170 hasPublicationYear "2016" @default.
- W87667170 type Work @default.
- W87667170 sameAs 87667170 @default.
- W87667170 citedByCount "1" @default.
- W87667170 countsByYear W876671702015 @default.
- W87667170 crossrefType "journal-article" @default.
- W87667170 hasAuthorship W87667170A5003793343 @default.
- W87667170 hasAuthorship W87667170A5031744140 @default.
- W87667170 hasAuthorship W87667170A5052388586 @default.
- W87667170 hasAuthorship W87667170A5055123865 @default.
- W87667170 hasAuthorship W87667170A5056161102 @default.
- W87667170 hasAuthorship W87667170A5079872971 @default.
- W87667170 hasConcept C100243477 @default.
- W87667170 hasConcept C10138342 @default.
- W87667170 hasConcept C144133560 @default.
- W87667170 hasConcept C155739000 @default.
- W87667170 hasConcept C162324750 @default.
- W87667170 hasConcept C167393938 @default.
- W87667170 hasConcept C175444787 @default.
- W87667170 hasConcept C17744445 @default.
- W87667170 hasConcept C190253527 @default.
- W87667170 hasConcept C196345963 @default.
- W87667170 hasConcept C199539241 @default.
- W87667170 hasConcept C2775881736 @default.
- W87667170 hasConcept C2776034101 @default.
- W87667170 hasConcept C2776805699 @default.
- W87667170 hasConcept C2777582232 @default.
- W87667170 hasConcept C2778272461 @default.
- W87667170 hasConcept C2779057293 @default.
- W87667170 hasConcept C2779652347 @default.
- W87667170 hasConcept C2779777834 @default.
- W87667170 hasConcept C2780560020 @default.
- W87667170 hasConcept C2781127519 @default.
- W87667170 hasConcept C2993552190 @default.
- W87667170 hasConcept C34447519 @default.
- W87667170 hasConcept C40700 @default.
- W87667170 hasConcept C42027317 @default.
- W87667170 hasConceptScore W87667170C100243477 @default.
- W87667170 hasConceptScore W87667170C10138342 @default.
- W87667170 hasConceptScore W87667170C144133560 @default.
- W87667170 hasConceptScore W87667170C155739000 @default.
- W87667170 hasConceptScore W87667170C162324750 @default.
- W87667170 hasConceptScore W87667170C167393938 @default.
- W87667170 hasConceptScore W87667170C175444787 @default.
- W87667170 hasConceptScore W87667170C17744445 @default.
- W87667170 hasConceptScore W87667170C190253527 @default.
- W87667170 hasConceptScore W87667170C196345963 @default.
- W87667170 hasConceptScore W87667170C199539241 @default.
- W87667170 hasConceptScore W87667170C2775881736 @default.
- W87667170 hasConceptScore W87667170C2776034101 @default.
- W87667170 hasConceptScore W87667170C2776805699 @default.
- W87667170 hasConceptScore W87667170C2777582232 @default.
- W87667170 hasConceptScore W87667170C2778272461 @default.
- W87667170 hasConceptScore W87667170C2779057293 @default.
- W87667170 hasConceptScore W87667170C2779652347 @default.
- W87667170 hasConceptScore W87667170C2779777834 @default.
- W87667170 hasConceptScore W87667170C2780560020 @default.
- W87667170 hasConceptScore W87667170C2781127519 @default.
- W87667170 hasConceptScore W87667170C2993552190 @default.
- W87667170 hasConceptScore W87667170C34447519 @default.
- W87667170 hasConceptScore W87667170C40700 @default.
- W87667170 hasConceptScore W87667170C42027317 @default.
- W87667170 hasLocation W876671701 @default.
- W87667170 hasOpenAccess W87667170 @default.
- W87667170 hasPrimaryLocation W876671701 @default.
- W87667170 hasRelatedWork W139615199 @default.
- W87667170 hasRelatedWork W1592061951 @default.
- W87667170 hasRelatedWork W1931640509 @default.
- W87667170 hasRelatedWork W1964364685 @default.
- W87667170 hasRelatedWork W1978703922 @default.
- W87667170 hasRelatedWork W2010850140 @default.
- W87667170 hasRelatedWork W2016340437 @default.
- W87667170 hasRelatedWork W2017860137 @default.
- W87667170 hasRelatedWork W2019706803 @default.
- W87667170 hasRelatedWork W2026645934 @default.
- W87667170 hasRelatedWork W2043723626 @default.
- W87667170 hasRelatedWork W2077051541 @default.
- W87667170 hasRelatedWork W2252631106 @default.
- W87667170 hasRelatedWork W2332689910 @default.
- W87667170 hasRelatedWork W2335704486 @default.
- W87667170 hasRelatedWork W2484271281 @default.
- W87667170 hasRelatedWork W2537707041 @default.
- W87667170 hasRelatedWork W2793106206 @default.
- W87667170 hasRelatedWork W3125695973 @default.
- W87667170 hasRelatedWork W1709098909 @default.
- W87667170 isParatext "false" @default.
- W87667170 isRetracted "false" @default.
- W87667170 magId "87667170" @default.
- W87667170 workType "article" @default.