Critical Thinking about "Critical Loss" in Antitrust

K. Danger and Harry Frech

Working Papers from U.S. Department of Justice - Antitrust Division

Abstract: The critical loss test proposed by Barry Harris and Joseph Simons has become popular in helping define U.S. antitrust markets. The test commonly leads to large, inclusive markets. We show that it is problematic, for several reasons.

Keywords: MERGERS; ANTITRUST LEGISLATION; MARKET (search for similar items in EconPapers)
JEL-codes: D43 K21 L11 L13 L4 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2001
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:fth:usjuat:01-4

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