In the Summer 2017 edition of the Transportation and Energy Industries Committee’s Newsletter, the authors examine two economic tools, the modified HHI and the modified GUPPI, that may be useful in the antitrust analysis of partial acquisitions and joint ventures. The authors motivate the economic principles underlying these two tools and discuss how the economists at the agencies may use these tools in their antitrust analysis of partial acquisitions and joint ventures. To read the article, click the link below.
Assessing umbrella pricing incentives
When collusive agreements involve a subset of firms in an industry, they may create the incentive and ability for firms that are not participants in the cartel...