Evaluating Mergers for Antitrust Issues: The Allied Waste and Republic Services Case.Muehlbradt, Michael.
Horizontal mergers of actual or potential competitors often raise antitrust concerns. The approach of antitrust enforcement authorities related to such mergers focuses on how the post-merger market will differ from the pre-merger market. Economists have increasingly addressed this question using merger simulation models. These simulations use empirical estimates of key demand and supply parameters... read more