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Articles 1 - 3 of 3
Full-Text Articles in Law
The Contested Merger: Introduction And Fact Summary, Jonathan Baker
The Contested Merger: Introduction And Fact Summary, Jonathan Baker
Presentations
"The Contested Merger" program arranged by the National Institute Committee of the Antitrust Section; and ABA's Division for Professional EducationThe program began with meetings set in corporate offices, in which the Yankee executives identified the business reasons behind the transaction, then consulted with in-house and outside counsel to assess the deal's antitrust risks and structure it. The transcript of this lesson in client counseling is reprinted following this introduction, as is the transcript of the panel discussion in which program participants offer a "reallife" analysis of the events of the program thus far.
Why Price Correlations Don't Define Antitrust Markets: On Econometric Algorithms For Market Definition, Jonathan Baker
Why Price Correlations Don't Define Antitrust Markets: On Econometric Algorithms For Market Definition, Jonathan Baker
Working Papers
This paper compares two econometric methods that have been proposed for market definition: price correlations and residual demand curve estimation. Econometric theory is used to demonstrate that price correlations among firms will likely contain little or no information relevant to defining antitrust markets, under the assumption that a hypothetical cartel facing a downward sloping residual demand curve constitutes an antitrust market (defined according to the DOJ Guidelines). Hence price correlation analyses are likely to have little value for antitrust market definition. In terms of the literature on empirical techniques for market definition, this paper shows that if the econometric market …
Antitrust Practice And Procedure In The Formative Era: The Constitutional And Conceptual Reach Of State Antitrust Law, 1880-1918, James May
Articles in Law Reviews & Other Academic Journals
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