Download This PaperIncreasing Market Power and Merger Control
Competition Law & Policy Debate, Vol. 5, No. 1, pp. 26-35, 2019
16 Pages Posted: 14 Jun 2019 Last revised: 16 Jun 2019
Date Written: May 14, 2019
Abstract
A significant body of empirical research has documented a structural increase in margins across a wide range of industries and countries. This article analyses the potential implications of this trend for merger control. We argue that structural increases in firms’ pricing power call for a pro-active assessment of potential competition cases and increased vigilance when reviewing horizontal concentrations more generally.
Keywords: increasing market power, merger control, potential competition
JEL Classification: K21, L41
Suggested Citation: Suggested Citation
Valletti, Tommaso M. and Zenger, Hans, Increasing Market Power and Merger Control (May 14, 2019). Competition Law & Policy Debate, Vol. 5, No. 1, pp. 26-35, 2019, Available at SSRN: https://ssrn.com/abstract=3387999 or http://dx.doi.org/10.2139/ssrn.3387999
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