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Download Mergers, Merger Control, and Remedies: A Retrospective by John Kwoka PDF

By John Kwoka

In fresh a long time, antitrust investigations and instances concentrating on mergers -- together with these related to Google, Ticketmaster, and masses of the family airline -- have reshaped industries and adjusted enterprise practices profoundly. And but there was a relative dearth of precise reviews of the results of mergers and the effectiveness of merger coverage. during this publication, John Kwoka, a famous authority on commercial association, examines all trustworthy empirical reports of the impression of particular mergers and develops solely new information regarding the regulations and treatments of antitrust organizations relating to those mergers. mixed with information on results, this coverage info permits research of, and creates new insights into, mergers, merger guidelines, and the effectiveness of treatments in combating anticompetitive outcomes.After an summary of mergers, merger coverage, and a standard method of merger research, Kwoka bargains a close research of the studied mergers, suitable guidelines, and selected treatments. Kwoka reveals, at the start, that the majority of the studied mergers ended in aggressive damage, frequently within the type of better product costs but additionally with appreciate to numerous non-price results. different vital findings contain the truth that joint ventures and code sharing preparations don't lead to such damage and that rules meant to therapy mergers -- in particular behavior treatments -- should not regularly potent in restraining rate raises. The book's uniquely entire research advances our knowing of merger judgements and rules, indicates coverage advancements for pageant companies and treatments, and issues easy methods to destiny research.

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