Geographic Market Definition in the Merger Guidelines: A Retrospective Analysis

Since the initial Merger Guidelines in 1968, the Department of Justice and Federal Trade Commission have revised their merger enforcement screen over the course of six versions. This article examines the evolution of the geographic market component of the Guidelines and the economic implications of...

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Detalles Bibliográficos
Autores principales: Elzinga, Kenneth G., Howell, Vandy M.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2018
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6208606/
https://www.ncbi.nlm.nih.gov/pubmed/30416257
http://dx.doi.org/10.1007/s11151-018-9658-4
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author Elzinga, Kenneth G.
Howell, Vandy M.
author_facet Elzinga, Kenneth G.
Howell, Vandy M.
author_sort Elzinga, Kenneth G.
collection PubMed
description Since the initial Merger Guidelines in 1968, the Department of Justice and Federal Trade Commission have revised their merger enforcement screen over the course of six versions. This article examines the evolution of the geographic market component of the Guidelines and the economic implications of changing standards of market delineation on merger enforcement. Using an illustration from the beer industry, we chronicle the development of geographic market definition and its varying effects on merger enforcement over the past 50 years.
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spelling pubmed-62086062018-11-09 Geographic Market Definition in the Merger Guidelines: A Retrospective Analysis Elzinga, Kenneth G. Howell, Vandy M. Rev Ind Organ Article Since the initial Merger Guidelines in 1968, the Department of Justice and Federal Trade Commission have revised their merger enforcement screen over the course of six versions. This article examines the evolution of the geographic market component of the Guidelines and the economic implications of changing standards of market delineation on merger enforcement. Using an illustration from the beer industry, we chronicle the development of geographic market definition and its varying effects on merger enforcement over the past 50 years. Springer US 2018-09-15 2018 /pmc/articles/PMC6208606/ /pubmed/30416257 http://dx.doi.org/10.1007/s11151-018-9658-4 Text en © The Author(s) 2018 Open AccessThis article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
spellingShingle Article
Elzinga, Kenneth G.
Howell, Vandy M.
Geographic Market Definition in the Merger Guidelines: A Retrospective Analysis
title Geographic Market Definition in the Merger Guidelines: A Retrospective Analysis
title_full Geographic Market Definition in the Merger Guidelines: A Retrospective Analysis
title_fullStr Geographic Market Definition in the Merger Guidelines: A Retrospective Analysis
title_full_unstemmed Geographic Market Definition in the Merger Guidelines: A Retrospective Analysis
title_short Geographic Market Definition in the Merger Guidelines: A Retrospective Analysis
title_sort geographic market definition in the merger guidelines: a retrospective analysis
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6208606/
https://www.ncbi.nlm.nih.gov/pubmed/30416257
http://dx.doi.org/10.1007/s11151-018-9658-4
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