Jump to ContentJump to Main Navigation
Show Summary Details
More options …

The B.E. Journal of Theoretical Economics

Editor-in-Chief: Schipper, Burkhard

Ed. by Fong, Yuk-fai / Peeters, Ronald / Puzzello , Daniela / Rivas, Javier / Wenzelburger, Jan

2 Issues per year


IMPACT FACTOR 2016: 0.229
5-year IMPACT FACTOR: 0.271

CiteScore 2016: 0.30

SCImago Journal Rank (SJR) 2016: 0.398
Source Normalized Impact per Paper (SNIP) 2016: 0.232

Mathematical Citation Quotient (MCQ) 2016: 0.08

Online
ISSN
1935-1704
See all formats and pricing
More options …

Antitrust Evaluation of Horizontal Mergers: An Economic Alternative to Market Definition

Joseph Farrell / Carl Shapiro
Published Online: 2010-03-19 | DOI: https://doi.org/10.2202/1935-1704.1563

We describe a simple initial indicator of whether a proposed merger between rivals in a differentiated product industry is likely to raise prices through unilateral effects. Our diagnostic calibrates upward pricing pressure (UPP) resulting from the merger, based on the price/cost margins of the merging firms' products and the extent of direct substitution between them. As a screen for likely unilateral effects, this approach is practical, more transparent, and better grounded in economics than are concentration-based methods.

Keywords: mergers; antitrust; oligopoly; unilateral effects

About the article

Published Online: 2010-03-19


Citation Information: The B.E. Journal of Theoretical Economics, ISSN (Online) 1935-1704, DOI: https://doi.org/10.2202/1935-1704.1563.

Export Citation

©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston. Copyright Clearance Center

Citing Articles

Here you can find all Crossref-listed publications in which this article is cited. If you would like to receive automatic email messages as soon as this article is cited in other publications, simply activate the “Citation Alert” on the top of this page.

[1]
Guilherme Fowler A. Monteiro and Nicolai Foss
Managerial and Decision Economics, 2017
[2]
Benno Buehler, Daniel Coublucq, Cyril Hariton, Gregor Langus, and Tommaso Valletti
Review of Industrial Organization, 2017
[3]
Paul Grieco, Joris Pinkse, and Margaret Slade
International Journal of Industrial Organization, 2017
[4]
Øyvind Thomassen, Howard Smith, Stephan Seiler, and Pasquale Schiraldi
American Economic Review, 2017, Volume 107, Number 8, Page 2308
[6]
Giulio Federico, Gregor Langus, and Tommaso Valletti
Economics Letters, 2017, Volume 157, Page 136
[7]
Devesh Raval, Ted Rosenbaum, and Steven A. Tenn
Economic Inquiry, 2017, Volume 55, Number 4, Page 1919
[8]
Nathan H. Miller, Marc Remer, Conor Ryan, and Gloria Sheu
International Journal of Industrial Organization, 2017, Volume 52, Page 216
[9]
Nathan H. Miller, Marc Remer, Conor Ryan, and Gloria Sheu
The Journal of Industrial Economics, 2016, Volume 64, Number 4, Page 683
[10]
Alexei Alexandrov and Özlem Bedre-Defolie
Journal of Economic Theory, 2017, Volume 168, Page 44
[11]
Dan Hanner, Ginger Zhe Jin, Marc Luppino, and Ted Rosenbaum
Review of Industrial Organization, 2016, Volume 49, Number 4, Page 613
[12]
Yongmin Chen and Marius Schwartz
Economica, 2016, Volume 83, Number 332, Page 564
[13]
Panagiotis N. Fotis, Michael L. Polemis, and Konstantinos Eleftheriou
Economia e Politica Industriale, 2017, Volume 44, Number 3, Page 315
[14]
Marc Ivaldi and Vicente Lagos
International Journal of Industrial Organization, 2017, Volume 53, Page 267
[15]
Cristina Pardo-Garcia and Jose J. Sempere-Monerris
SERIEs, 2015, Volume 6, Number 1, Page 101
[17]
Yongmin Chen and Marius Schwartz
Journal of Economics & Management Strategy, 2013, Volume 22, Number 3, Page 513
[18]
Lars Mathiesen, Jostein Skaar, and Lars Sørgard
The Scandinavian Journal of Economics, 2013, Volume 115, Number 2, Page 575
[19]
Malcolm B. Coate and Shawn W. Ulrick
Review of Industrial Organization, 2016, Volume 48, Number 1, Page 45
[20]
Richard Friberg and André Romahn
International Journal of Industrial Organization, 2015, Volume 42, Page 1
[21]
Louis Kaplow
International Journal of Industrial Organization, 2015, Volume 43, Page 148
[22]
Peter Davis and Amelia Fletcher
The Economic Journal, 2013, Volume 123, Number 572, Page F493
[23]
Stephen F. Hamilton, Philippe Bontems, and Jason Lepore
International Journal of Industrial Organization, 2015, Volume 40, Page 49
[25]
Pauline Affeldt, Lapo Filistrucchi, and Tobias J. Klein
The Economic Journal, 2013, Volume 123, Number 572, Page F505
[26]
Vardges Hovhannisyan and Marin Bozic
Agribusiness, 2014, Volume 30, Number 2, Page 195
[27]
Pedro Pereira, Tiago Ribeiro, and João Vareda
International Journal of Industrial Organization, 2013, Volume 31, Number 6, Page 760
[29]
Lars Mathiesen, Øivind Anti Nilsen, and Lars Sørgard
International Review of Law and Economics, 2011, Volume 31, Number 2, Page 83
[30]
Jerry Hausman, Serge Moresi, and Mark Rainey
Economics Letters, 2011, Volume 111, Number 2, Page 119

Comments (0)

Please log in or register to comment.
Log in