IDEAS home Printed from https://ideas.repec.org/a/kap/revind/v49y2016i4d10.1007_s11151-016-9550-z.html
   My bibliography  Save this article

Economics at the Antitrust Division 2015–2016: Household Appliances, Oil Field Services, and Airport Slots

Author

Listed:
  • Randy C. Chugh

    (U.S. Department of Justice)

  • Nathan G. Goldstein

    (U.S. Department of Justice)

  • Eric K. Lewis

    (U.S. Department of Justice)

  • Jeffrey S. Lien

    (U.S. Department of Justice)

  • Deborah Minehart

    (U.S. Department of Justice)

  • Nancy L. Rose

    (U.S. Department of Justice)

Abstract

This article provides an overview of economic analysis in three prominent merger investigations and litigations: Electrolux’s proposed acquisition of General Electric’s appliance division, Halliburton’s bid for Baker Hughes, and United Airline’s attempt to acquire additional airport slots at Newark Liberty International Airport. In each, the parties abandoned their proposed transaction after the Division had filed suit to block the acquisition. While we cannot recount all the analyses underpinning these outcomes, we hope to provide some insights into the challenges of enforcing antitrust law and the way in which economic analysis in particular is used to address those challenges.

Suggested Citation

  • Randy C. Chugh & Nathan G. Goldstein & Eric K. Lewis & Jeffrey S. Lien & Deborah Minehart & Nancy L. Rose, 2016. "Economics at the Antitrust Division 2015–2016: Household Appliances, Oil Field Services, and Airport Slots," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 49(4), pages 535-556, December.
    • Handle: RePEc:kap:revind:v:49:y:2016:i:4:d:10.1007_s11151-016-9550-z
    DOI: 10.1007/s11151-016-9550-z
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11151-016-9550-z
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s11151-016-9550-z?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Orley C. Ashenfelter & Daniel S. Hosken & Matthew C. Weinberg, 2013. "The Price Effects of a Large Merger of Manufacturers: A Case Study of Maytag-Whirlpool," American Economic Journal: Economic Policy, American Economic Association, vol. 5(1), pages 239-261, February.
    2. Orley C. Ashenfelter & Daniel S. Hosken & Matthew C. Weinberg, 2014. "Corrigendum: The Price Effects of a Large Merger of Manufacturers: A Case Study of Maytag Whirlpool," American Economic Journal: Economic Policy, American Economic Association, vol. 6(1), pages 308-309, February.
    3. Brueckner, Jan K. & Lee, Darin & Singer, Ethan S., 2013. "Airline competition and domestic US airfares: A comprehensivereappraisal," Economics of Transportation, Elsevier, vol. 2(1), pages 1-17.
    4. Farrell Joseph & Shapiro Carl, 2010. "Antitrust Evaluation of Horizontal Mergers: An Economic Alternative to Market Definition," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 10(1), pages 1-41, March.
    5. Nicholas Hill & Nancy Rose & Tor Winston, 2015. "Economics at the Antitrust Division 2014–2015: Comcast/Time Warner Cable and Applied Materials/Tokyo Electron," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 47(4), pages 425-435, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Giulio Federico & Fiona Scott Morton & Carl Shapiro, 2020. "Antitrust and Innovation: Welcoming and Protecting Disruption," Innovation Policy and the Economy, University of Chicago Press, vol. 20(1), pages 125-190.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Budzinski, Oliver, 2012. "Impact evaluation of merger control decisions," Ilmenau Economics Discussion Papers 75, Ilmenau University of Technology, Institute of Economics.
    2. Tiago Pires & André Trindade, 2018. "Ex-post Evaluation of Mergers in the Supermarket Industry," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 52(3), pages 473-496, May.
    3. Giulio Federico & Fiona Scott Morton & Carl Shapiro, 2020. "Antitrust and Innovation: Welcoming and Protecting Disruption," Innovation Policy and the Economy, University of Chicago Press, vol. 20(1), pages 125-190.
    4. Paul Pautler, 2015. "A Brief History of the FTC’s Bureau of Economics: Reports, Mergers, and Information Regulation," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 46(1), pages 59-94, February.
    5. Nilsen, Øivind Anti & Sørgard, Lars & Ulsaker, Simen A., 2016. "Upstream merger in a successive oligopoly: Who pays the price?," International Journal of Industrial Organization, Elsevier, vol. 48(C), pages 143-172.
    6. Luca Aguzzoni & Benno Buehler & Luca Martile & Ron Kemp & Anton Schwarz, 2018. "Ex-post Analysis of Mobile Telecom Mergers: The Case of Austria and The Netherlands," De Economist, Springer, vol. 166(1), pages 63-87, March.
    7. Peter C. Carstensen, 2018. "Merger Guidelines and the Limits of Our Understanding," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 53(3), pages 477-506, November.
    8. Ralph B. Siebert, 2022. "What Determines Heterogeneous Merger Effects on Competitive Outcomes?," Journal of Industrial Economics, Wiley Blackwell, vol. 70(1), pages 217-256, March.
    9. Luca Aguzzoni & Elena Argentesi & Lorenzo Ciari & Tomaso Duso & Massimo Tognoni, 2016. "Ex post Merger Evaluation in the U.K. Retail Market for Books," Journal of Industrial Economics, Wiley Blackwell, vol. 64(1), pages 170-200, March.
    10. Muñoz-Acevedo, Ángela & Grzybowski, Lukasz, 2023. "Impact of roaming regulation on revenues and prices of mobile operators in the EU," International Journal of Industrial Organization, Elsevier, vol. 89(C).
    11. A. S. Neretin, 2018. "Spatial Structure of Passenger Air Services in European Russia," Regional Research of Russia, Springer, vol. 8(1), pages 67-83, January.
    12. Christopher Conlon & Julie Holland Mortimer, 2021. "Empirical properties of diversion ratios," RAND Journal of Economics, RAND Corporation, vol. 52(4), pages 693-726, December.
    13. Morlotti, Chiara & Redondi, Renato, 2023. "The impact of COVID-19 on airlines’ price curves," Journal of Air Transport Management, Elsevier, vol. 107(C).
    14. Christos Genakos & Andreas Lamprinidis & James Walker, 2023. "Evaluating merger effects," CEP Discussion Papers dp1921, Centre for Economic Performance, LSE.
    15. Luca Aguzzoni & Elena Argentesi & Paolo Buccirossi & Lorenzo Ciari & Tomaso Duso & Massimo Tognoni & Cristiana Vitale, 2013. "They Played the Merger Game: A Retrospective Analysis in the UK Videogames Market," Discussion Papers of DIW Berlin 1330, DIW Berlin, German Institute for Economic Research.
    16. Christos Genakos & Mario Pagliero, 2022. "Competition and Pass-Through: Evidence from Isolated Markets," American Economic Journal: Applied Economics, American Economic Association, vol. 14(4), pages 35-57, October.
    17. Gayle, Philip G. & Wu, Chi-Yin, 2013. "A re-examination of incumbents’ response to the threat of entry: Evidence from the airline industry," Economics of Transportation, Elsevier, vol. 2(4), pages 119-130.
    18. Bergantino, Angela Stefania & Capozza, Claudia, 2014. "One price for all? The role of market captivity as a price discrimination device: evidence from the Italia city-pair markets," Working Papers 1401, SIET Società Italiana di Economia dei Trasporti e della Logistica.
    19. Shawn W Ulrick & Mark D Williams, 2024. "“Multi-Product Critical Loss: Allowing for Varying Margins, Prices, and Quantities in the Candidate Antitrust Market”," Journal of Competition Law and Economics, Oxford University Press, vol. 20(1-2), pages 60-84.
    20. Kerry M. Tan, 2018. "Outsourcing and Price Competition: An Empirical Analysis of the Partnerships Between Legacy Carriers and Regional Airlines," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 53(2), pages 275-294, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:revind:v:49:y:2016:i:4:d:10.1007_s11151-016-9550-z. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.