Horizontal Merger Guidelines
Horizontal Merger Guidelines
复制标题
DOI：
10.1002/9781118785317.weom080020
复制
发表时间：
2015-01
期刊：
影响因子：
--
通讯作者：
中科院分区：
文献类型：
--
作者：
这篇文章提供了一个检查的四套准则，关于竞争对手之间的公司，这已经提供给商界的美国反托拉斯当局在过去的半个世纪。这些准则确定了在何种条件下拟议的合并被认为具有充分的反竞争性，反托拉斯当局将在法庭上对合并提出质疑。的发展，背后的经济原理，在1968年发布的第一套指导方针。文章随后介绍了美国司法部和联邦贸易委员会随后制定的三套指导方针，其中包括2010年发布、目前有效的指导方针。每一套准则背后的经济方法的差异。文章随后讨论了几位著名经济学家之间正在进行的关于早期和更新指南的相对优点的政策辩论。关键词：反垄断政策;兼并;市场势力;市场绩效;准则
This article provides an examination of the four sets of guidelines, regarding mergers between rival firms, which have been provided to the business community by the US antitrust authorities during the past half century. These guidelines identify the conditions under which a proposed merger is considered to be sufficiently anticompetitive that the antitrust authorities will challenge the merger in court. The development of, and economic rationale behind, the first set of guidelines issued in 1968 is presented. The article then presents the three sets of guidelines subsequently developed by the US Department of Justice and Federal Trade Commission, including those issued in 2010 that are in force today. The differences in the economic methodology behind each set of guidelines are presented. The article then provides a discussion of the ongoing policy debate among several prominent economics scholars as to the relative merits of the early and newer guides. Keywords: antitrust policy; mergers; market power; market performance; guidelines