Bank Merger Reform Takes an Extended Philadelphia National Bank Holiday
109 Pages Posted: 16 Jun 2008
The past, present and future of banking consolidation is examined with an aim toward modernizing the approach of multi-agency antitrust analysis in the U.S. that is based on the Supreme Court's decision in the matter of United States v. Philadelphia National Bank, 374 U.S. 321 (1963). Reform of outdated merger review methodologies is advocated.
Keywords: bank merger, acquisition, antitrust, philadelphia national bank, geographic market, product market
JEL Classification: K21
Suggested Citation: Suggested Citation