Deregulating antitrust policy



Stelzner, Mark and Chaturvedi, Mayuri ORCID: 0000-0001-8800-5639
(2020) Deregulating antitrust policy. Cambridge Journal of Economics, 44 (4). pp. 871-890.

[img] Text
Deregulating Antitrust_final.pdf - Author Accepted Manuscript

Download (761kB) | Preview

Abstract

<jats:title>Abstract</jats:title> <jats:p>Starting in the 1980s, market concentration began to rise dramatically decreasing competition and increasing market power for the firms that remain. Such developments have important effects on a number of economic variables such as the efficiency of our economy and income inequality. Thus, it is important to ask: how has the administration of antitrust policy changed over the last half century? To shed more light on these important questions, we explore both change in policy outline by the Department of Justice in its Horizontal Merger Guidelines and change in administrative actions looking at both secondary requests for mergers and acquisitions of different sizes, and pre, post and change in Herfindahl–Hirschman Index in mergers and acquisitions contested by the Department of Justice through the courts.</jats:p>

Item Type: Article
Uncontrolled Keywords: 10 Reduced Inequalities, 16 Peace, Justice and Strong Institutions
Divisions: Faculty of Humanities and Social Sciences > School of Management
Depositing User: Symplectic Admin
Date Deposited: 03 May 2022 13:59
Last Modified: 17 Mar 2024 13:44
DOI: 10.1093/cje/beaa004
Related URLs:
URI: https://livrepository.liverpool.ac.uk/id/eprint/3154108