Unilateral Effects of Horizontal Mergers
Unilateral Effects of Horizontal Mergers
Yianis Sarafidis
Antitrust & Competition
Antitrust & Competition
In this chapter, the author explains why gross margins and diversion ratios are crucial for understanding the economic principles that underlie the unilateral effects of horizontal mergers involving differentiated products, and for quantifying these unilateral effects.
This chapter appears in Antitrust Economics for Lawyers. For more information, click here.