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Beyond Critical Loss: Properly Applying the Hypothetical Monopolist Test

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  • Gregory Werden

Abstract

While there has been little dispute in U.S. merger cases regarding whether to apply the HMT, what is disputed both in the courtroom and in the commentary is the utility of a particular way of applying the HMT.

Suggested Citation

  • Gregory Werden, 2008. "Beyond Critical Loss: Properly Applying the Hypothetical Monopolist Test," Antitrust Chronicle, Competition Policy International, vol. 3.
  • Handle: RePEc:cpi:atchrn:3.1.2008:i=5033
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    Cited by:

    1. Farrell Joseph & Shapiro Carl, 2010. "Antitrust Evaluation of Horizontal Mergers: An Economic Alternative to Market Definition," The B.E. Journal of Theoretical Economics, De Gruyter, pages 1-41.
    2. Russell Pittman, 2017. "Three Economist’s Tools for Antitrust Analysis: A Non-Technical Introduction," EAG Discussions Papers 201701, Department of Justice, Antitrust Division.

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