Rethinking merger analysis / Louis Kaplow.

Format:

Book

Author/Creator:

Kaplow, Louis, author.

Language:

English

Subjects (All):

Consolidation and merger of corporations.

Physical Description:

1 online resource (249 pages)

Edition:

1st ed.

Place of Publication:

Cambridge, Massachusetts : The MIT Press, [2024]

Summary:

"Rethinking Merger Analysis develops our ability to determine mergers' likely effects, identifies defects in existing methods, and provides guidance for the regulation of horizontal mergers"-- Provided by publisher.

Contents:

Contents

Preface

1. Introduction

2. Framework

A. Decision Analysis and Information Collection

B. Mechanism Design

C. Rationality Constraint and Non-Neoclassical Merger Motives

D. Entry, Exit, Investment, and the Long Run

E. Distortions in Multiple Sectors

F. Social Objective

3. Price Effects and Market Definition

A. Market Definition

1. Diagrammatic Representation

2. Composite Functions

3. Reflections on Market Share Inferences

B. Price Effects

1. Unilateral Effects with Homogeneous Goods

2. Unilateral Effects with Differentiated Products

3. Coordinated Effects

C. Further Reflections

1. Questions and Concerns

2. Origins, Evolution, and Inertia

4. Efficiencies

A. Nexus between Efficiencies and Anticompetitive Effects

B. Merger Specificity and the Theory of the Firm

C. Applications

1. Economies of Scale

2. Economies of Scope

3. Sharing Assets between Competitors

D. Integrated Assessment of Efficiencies and Anticompetitive Effects Generated by AI.

Notes:

Description based on publisher supplied metadata and other sources.

OCLC-licensed vendor bibliographic record.

Part of the metadata in this record was created by AI, based on the text of the resource.

ISBN:

9780262379830

026237983X

9780262379823

0262379821

OCLC:

1429144696