In the December 2016 issue of The Antitrust Source, John Woodbury reviews two papers addressing the role of consent decrees in particular in resolving anticompetitive concerns, including CRA senior consultant Steve Salop’s “Modifying Merger Consent Decrees to Improve Merger Enforcement Policy.” To read the article, click the link below.
How capacity constraints shape unilateral price effects in horizontal mergers
Examples include hospitals with a fixed number of beds, and hotels with a fixed number of rooms. In the article “Unilateral Price Effects in Horizontal...