A robust test for consumer welfare enhancing mergers among sellers of a homogeneous product

被引：29

作者：

Froeb, LM

Werden, GJ ^{[1
]}

机构：

[1] US Dept Justice, Antitrust Div, Washington, DC 20530 USA

[2] Vanderbilt Univ, Owen Grad Sch Management, Nashville, TN 37203 USA

来源：

ECONOMICS LETTERS | 1998年 / 58卷 / 03期

关键词：

antitrust; mergers; Cournot;

D O I：

10.1016/S0165-1765(97)00287-5

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Antitrust enforcement agencies and courts use net effect on price as a touchstone for the legality of mergers. This paper derives a simple condition for implementing that standard when industry equilibrium is static Nash in quantities (Cournot), and that condition is robust to different specifications of demand and cost. (C) 1998 Elsevier Science S.A.

引用

页码：367 / 369

页数：3