Documents How, and Whether, to Define a Market (in Mergers) Joseph Farrell Based on work with Carl Shapiro.

Slide 1How, and Whether, to Define a Market (in Mergers) Joseph Farrell Based on work with Carl Shapiro Slide 2 Merger Review Flood of cases Need for transparent, manageable…

Documents The Law and Economics of Horizontal Mergers

Incentives to Merge Merger to attain monopoly Merger for Improved efficiency Takeovers D AC1 AC2 Q2 Q1 P2 P1 A B $/Q Q The Economic effects of Mergers Theoretical Considerations…