scholarly journals Market Definition and the Merger Guidelines

2011 ◽  
Author(s):  
Louis Kaplow
Keyword(s):  
Market Definition ◽  
Merger Guidelines

Input market definition under department of Justice Merger Guidelines

1989 ◽  
Vol 4 (2) ◽  
pp. 99-114 ◽  
Author(s):  
Richard S. Higgins ◽  
William F. Shughart
Keyword(s):  
Market Definition ◽  
Department Of Justice ◽  
Merger Guidelines

Market Definition: Implementing the Department of Justice Merger Guidelines

1996 ◽  
Vol 41 (3) ◽  
pp. 665-690
Author(s):  
David L. Kaserman ◽  
Hans Zeisel
Keyword(s):  
Economic Research ◽  
Market Definition ◽  
Department Of Justice ◽  
Demand And Supply ◽  
Merger Guidelines ◽  
Empirical Level

My lament is that this battle on market definitions … has received virtually no attention from us economists. Except for a casual flirtation with cross elasticities of demand and supply, the determination of markets has remained an undeveloped area of economic research at either the theoretical or empirical level.

scholarly journals Antitrust and Merger Policy: A Review and Critique

1987 ◽  
Vol 1 (2) ◽  
pp. 13-22 ◽  
Author(s):  
Lawrence J White
Keyword(s):  
Market Share ◽  
Market Definition ◽  
Merger Policy ◽  
Department Of Justice ◽  
Important Advance ◽  
Merger Guidelines ◽  
Cost Efficiencies

This review will consider the Department of Justice Merger Guidelines of the 1980s, discussing market definition, market share concentration and entry conditions, consideration of other market characteristics, and cost efficiencies. It will also assess the application of the guidelines in practice. The merger guidelines are certainly not perfect, nor have they been applied perfectly. But they represent an important advance over that which preceded them, and they represent an exceedingly sensible way to think about merger enforcement and especially about market definition in a merger context. Policy has surely improved as a consequence of their development and application.

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