Concentration Thresholds for Horizontal Mergers

<jats:p> Concentration-based thresholds for horizontal mergers, such as those in the US Horizontal Merger Guidelines, play a central role in merger analysis but their basis remains unclear. We show that there is both a theoretical and an empirical basis for focusing solely on the change in con...

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Bibliographic Details
Main Authors: Nocke, Volker, Whinston, Michael D
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:English
Published: American Economic Association 2022
Online Access:https://hdl.handle.net/1721.1/144256