Antitrust Bulletin articles from December 1993

Antitrust Bulletin archives from December 1993

Recent empirical evidence on mergers and acquisitions. (Symposium on New 1992 Merger Guidelines)
December 22, 1993... I. Introduction This article provides a brief summary of the state of the empirical economics literature regarding merger and acquisition issues. Much of that literature has direct or indirect implications for competition policy. Other...

The renaissance of market definition. (Symposium on New 1992 Merger Guidelines)
December 22, 1993... Market definition has held a central place in merger analysis under section 7 of the Clayton Act(1) for decades. The history of the Supreme Court's treatment of market definition, unfortunately, has been a checkered one. Almost 30 years ago,...

Tying and other conditional agreements under section 106 of the Bank Holding Company Act: a reconsideration.
December 22, 1993... I. Introduction When Congress permitted bank holding companies to expand into new activities by amending the Bank Holding Company Act in 1970, it also tailored prohibitions in section 106 against tying, reciprocal, and exclusive dealing...

Costs and benefits of per se rules in antitrust enforcement.
December 22, 1993... Few judicial rules in antitrust are as firmly rooted as the per se rules against price fixing(1) and horizontal market division.(2) The language of the Sherman Act is plain, and judicial interpretation has made it even plainer: the prosecution...

Residual demand analysis of the ready-to-eat breakfast cereal market.
December 22, 1993... I. Introduction A market encompasses the significant actual and potential demanders and suppliers in a geographic area constraining the price and nonprice activities (actions and strategy) of firms selling commodities highly...

The implementation of merger policy in the U.K. 1984-1990. (United Kingdom)
December 22, 1993... Introduction Until 1965 there were no direct controls over merger activity in the U.K. Indirect regulation occurred via the existing monopoly legislation that permitted the investigation of firms with monopoly market shares (at the time...

Ireland's Competition Act: the first year.
December 22, 1993... I. Introduction October 1, 1992 marked the first anniversary of the coming into force of Ireland's Competition Act. The Act represented a major change in competition policy in Ireland. It replaced a regime based on the control of abuse...