Vertical Mergers and Input Foreclosure Lessons from the AT&T/Time Warner Case
نویسندگان
چکیده
Abstract This article offers a practical guide to analyzing vertical mergers using the general approach input foreclosure and raising rivals’ costs that is described in 2020 Vertical Merger Guidelines were issued by U.S. Department of Justice Federal Trade Commission. The step-by-step analysis here draws lessons from how theory harm played out lone merger case has been litigated antitrust agencies recent decades: 2018 challenge between AT&T Time Warner. I testified court as DOJ’s economic expert case. explain quantify increase elimination double marginalization are caused evaluate their net effect on downstream customers. also this fits into three-step burden-shifting courts apply under Section 7 Clayton Act. Based my experience AT&T/Time Warner case, identify number shortcomings Guidelines.
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ژورنال
عنوان ژورنال: Review of Industrial Organization
سال: 2021
ISSN: ['1573-7160', '0889-938X']
DOI: https://doi.org/10.1007/s11151-021-09826-x