Coordinated Effects in the 2010 Horizontal Merger Guidelines

Wayne Roy Gayle; Robert C. Marshall; Leslie M. Marx; Jean François Richard

doi:10.1007/s11151-011-9303-y

Coordinated Effects in the 2010 Horizontal Merger Guidelines

Wayne Roy Gayle, Robert C. Marshall, Leslie M. Marx, Jean François Richard

Economics

Research output: Contribution to journal › Article › peer-review

2 Scopus citations

Abstract

Recent research has highlighted the quantitative contribution to merger analysis from extending unilateral effects models to understand the payoffs to future potential coordinated effects. Some of the emphasis of this research appears to have made its way into the 2010 Horizontal Merger Guidelines. In this paper, we demonstrate the quantification of coordinated effects in an oligopoly and procurement model, and we show that screens that are based on upward pricing pressure are not adequate in mergers where coordinated effects are a potential concern.

Original language	English (US)
Pages (from-to)	39-56
Number of pages	18
Journal	Review of Industrial Organization
Volume	39
Issue number	1
DOIs	https://doi.org/10.1007/s11151-011-9303-y
State	Published - Aug 2011

All Science Journal Classification (ASJC) codes

Economics and Econometrics
Strategy and Management
Organizational Behavior and Human Resource Management
Management of Technology and Innovation

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Coordinated Effects in the 2010 Horizontal Merger Guidelines

Abstract

All Science Journal Classification (ASJC) codes

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