Antiturst enforcement agencies and courts use net effect on price as a touchstone for the legality of mergers. This paper derives a simple, and completely general, condition for implementing that standard when industry equilibrium is static Nash in qualities (Cournot).
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Paper provided by U.S. Department of Justice - Antitrust Division in its series Papers with number
97-1.
Length: 3 pages Date of creation: 1997 Date of revision: Handle: RePEc:fth:usjuat:97-1
Contact details of provider: Postal: U.S. DEPARTMENT OF JUSTICE; ANTITRUST DIVISION, JUDICIARY CENTER BUILDING 555 4TH ST. N.W. WASHINGTON D.C. 20001 U.S.A.. Email: Web page: http://www.justice.gov/atr/ More information through EDIRC
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Find related papers by JEL classification: K20 - Law and Economics - - Regulation and Business Law - - - General K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
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