Three Economist’s Tools for Antitrust and Merger Analysis: Case Applications
Russell Pittman
No 202102, EAG Discussions Papers from Department of Justice, Antitrust Division
Abstract:
This paper presents a non-technical introduction to three economic tools that have in recent years become widespread in competition law enforcement in general and in the analysis of proposed mergers in particular: critical loss analysis, upward pricing pressure, and the vertical arithmetic. In addition, for each tool, its use in a recent U.S. merger case is illustrated: for critical loss analysis, the Novelis/Aleris merger; for upward pricing pressure, the GE/Electrolux merger; and for the vertical arithmetic, the Comcast/NBCU joint venture.
Pages: 38 pages
Date: 2021-06
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Persistent link: https://EconPapers.repec.org/RePEc:doj:eagpap:202102
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