Some Empirical Evidence on the Effectiveness of Antimerger Relief in the United States
AbstractThe paper seeks to fill the void in the empirical economics literature of U.S. antimerger policy. A new empirical measure of relief secured in a Section 7 case is proposed. The extent of obtained relief is modeled as a fraction of the competitive overlap subject to structural divestiture. The model of determination of the relative size and scope of divestiture is applied to a sample of recent Section 7 cases. The estimated model is reasonably successful at predicting the outcomes of several out-of-sample cases.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by EconWPA in its series Industrial Organization with number 0404001.
Length: 49 pages
Date of creation: 05 Apr 2004
Date of revision:
Note: Type of Document - pdf; pages: 49
Contact details of provider:
Web page: http://18.104.22.168
Antimerger relief; U.S. Department of Justice; structural remedies; merger policy; Section 7;
Other versions of this item:
- Mikhail S. Kouliavtsev, 2005. "Some Empirical Evidence on the Effectiveness of Antimerger Relief in the United States," Economic Inquiry, Western Economic Association International, vol. 43(2), pages 370-384, April.
- L44 - Industrial Organization - - Antitrust Issues and Policies - - - Antitrust Policy and Public Enterprise, Nonprofit Institutions, and Professional Organizations
- C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models
This paper has been announced in the following NEP Reports:
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Mikhail Kouliavtsev, 2007. "Measuring the Extent of Structural Remedy in Section 7 Settlements: Was the US DOJ Successful in the 1990s?," Review of Industrial Organization, Springer, vol. 30(1), pages 1-27, February.
- Marcos Avalos & Rafael E. De Hoyos, 2008.
"An Empirical Analysis of Mexican Merger Policy,"
Review of Industrial Organization,
Springer, vol. 32(2), pages 113-130, March.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA).
If references are entirely missing, you can add them using this form.