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Law and Economics

Indiana Law Journal

Competition

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Full-Text Articles in Law

Anticompetitive Mergers In Labor Markets, Ioana Marinescu, Herbert J. Hovenkamp Jul 2019

Anticompetitive Mergers In Labor Markets, Ioana Marinescu, Herbert J. Hovenkamp

Indiana Law Journal

Mergers of competitors are conventionally challenged under the federal antitrust laws when they threaten to lessen competition in some product or service market in which the merging firms sell. In many of these cases the threat is that in concentrated markets—those with only a few sellers—the merger increases the likelihood of collusion or collusion-like behavior. The result will be that the post-merger firm will reduce the volume of sales in the affected market and prices will rise.

Mergers can also injure competition in markets in which the firms purchase, however. Although that principle is widely recognized, very few litigated cases …


N-Person Game Theory: Concepts And Applications, By Anatol Rapoport, Robert L. Birmingham Apr 1970

N-Person Game Theory: Concepts And Applications, By Anatol Rapoport, Robert L. Birmingham

Indiana Law Journal

No abstract provided.