These are some real-life examples of a horizontal merger, as each pair of companies operates in the same industry and produced similar products or provides similar services. Horizontal vs Vertical Merger Horizontal mergers and vertical mergers are two different concepts altogether. A horizontal merger ...
The FTC's Bureau of Economics performs economic analysis to support the enforcement, rulemaking and policy activities of the Commission. This article discusses several examples of these activities. We first discuss analysis of non-horizontal effects of mergers, as reflected in the 2023 Merger ...
(seeChapter 2). Horizontal and conglomerate mergers are best understood in the context of whether the merging firms are in the same or different industries. Ahorizontal mergeroccurs between two firms within the sameindustry. Examples of horizontal acquisitions include Procter & Gamble and Gillette (...
THAT HORIZONTAL and vertical mergers potentially can produce real economic gains is nowhere denied, but the economic case for a conglomerate merger is somewha... Haim Levy and Marshall Sarnat - 《Journal of Finance》 被引量: 473发表: 1970年 Conglomerate Mergers and Range Effects: It's a Long...
We illustrate how to avoid seven consequential pitfalls in using customer surveys with case-study examples from two recent CC horizontal merger inquiries. We suggest that customer surveys, carefully done, have provided useful insights for the CC, but the complications of doing them have meant that ...
$15.1billion.Inthebusinessandeconomicsliterature,theseexamplesarecalledmergersandacquisitions,whichwewilltypicallycallmergers.1Theyaresaidtooccurwhentwoormoreindependentfirmscomeunderthecontrolofasinglefirm.AswediscussedinChap.2,therearethreetypesofmergers.Thefirstisahorizontalmerger,whichinvolvesthecombinationof...
In the Matter of Weyerhaeuser Company: The Use of a Hold-Separate Order in a Merger with Horizontal and Vertical Effects. Journal of Regulatory Economics 11, 271–289 (1997). https://doi.org/10.1023/A:1007979005941 Download citation Issue DateMay 1997 DOIhttps://doi.org/10.1023/A:...
The French Minister of Economics clears a horizontal merger in the markets of refrigerated warehouses with structural remedies (STEF-TFE/Cryologis)The operation By a letter dated 6 January 2006, the French Minister of Economy, Finance, and Industry authorized the merger between two groups (...)...
What Structural Presumption? Reuniting Evidence and Economics on the Role of Market Concentration in Horizontal Merger Analysisstructural presumptionPhiladelphia National BankBaker Hughesantitrusteconomicsevidencelaw and economicsI. IntroductionThe structural presumption is an important but contentious proposition in...
We review the literature on Competition Policy and on Economics of Innovation and take examples from the US and European case law. We also briefly discuss the strategic management literature to provide insights for the assessment. Considering post-merger reductions on innovation incentives as harm to...