Horizontal mergers: Law, policy, and economics
回顾经济学对横向合并社会成本与收益的评估方法,并探讨经济学知识如何影响合并法律与政策。
The legality of a horizontal merger under section 7 of the Clayton Act turns on a reckoning of its social costs and benefits. This paper reviews what economics has to say about that reckoning and explores the relationship between economic learning and merger law and policy.