Some Empirical Evidence on the Effectiveness of Antimerger Relief in the United States

Mikhail Kouliavtsev (kouliavtms@sfasu.edu)

Industrial Organization from University Library of Munich, Germany

Abstract: The 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.

Keywords: Antimerger relief; U.S. Department of Justice; structural remedies; merger policy; Section 7 (search for similar items in EconPapers)
JEL-codes: C24 L44 (search for similar items in EconPapers)
Pages: 49 pages
Date: 2004-04-05
New Economics Papers: this item is included in nep-com
Note: Type of Document - pdf; pages: 49
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Some Empirical Evidence on the Effectiveness of Antimerger Relief in the United States (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpio:0404001

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