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When Consolidation Provides Benefits as well as Market Power


Labor Monopsony and Antitrust Enforcement: A Cautionary Tale

The consumer-welfare standard becomes difficult to apply when a merger may harm workers but benefit consumers downstream. Weighing these cross- ...

THE UNITED STATES HAS A MARKET CONCENTRATION PROBLEM

As a result, decades of lax merger review and antitrust enforcement gave way to rampant market power. Before an analysis of market concentration can occur, the ...

State Action to Oversee Consolidation of Health Care Providers

Well-designed state merger review authority can prevent further health provider consolidation and offer better oversight of approved ...

THE STATE OF LABOR MARKET COMPETITION - Treasury

incomplete evidence on time-trends in labor market power, as well ... The recent wave of consolidation has likely only increased hospital ...

Mergers that Harm Sellers - The Yale Law Journal

firm also has market power in the output market, the reduced output has an ... merger that increases market power and ena- bles the merged firm to impose ...

How States Can Advance Equity When Addressing Health Care ...

Merger reviews are the investigation of any proposed transaction between two entities that has the potential to raise antitrust concerns, reduce ...

Merger Guidelines - ACCC

... market power it has gained, and can do so, even given the expected response of other market participants to the resulting change in market conditions.28. 5.2 ...

Are US Industries Becoming More Concentrated? - NYU Stern

Supporting the predictions of the market power hypothesis, the first column provides evidence that the ... Benefits of Competition and Indicators of Market Power.

Merger Reform: A Faster, Stronger and Simpler System for a More ...

... has no general power to award costs in relation to merger ... merger creates, strengthens or entrenches a position of substantial market power in.

Hospital Consolidation Continues to Boost Costs, Narrow Access ...

“Adding to that is the fact that private equity has entered the market ... advantage of the market power when they could. That history led to a ...

Committee for the Study of Digital Platforms Market Structure and ...

oversee a mandate for interoperability in any market where market power has ... denied the benefits of competition for the market as well. f. Old ...

52004XC0205(02) - EN - EUR-Lex

Non-merging firms in the same market can also benefit from the reduction of competitive pressure that results from the merger, since the merging firms' price ...

Addressing Pricing Power in Health Care Markets:

Standard economic theory holds that when well- informed consumers pay the full cost of services, they will make a conscious trade-off between the price and ...

Congressional request on health care provider consolidation

Along with increased hospital market power over time, insurer market power has also increased, with a consolidation of market share in fewer ...

Mergers and market power: evidence from rivals' responses in ...

Merger rivals also reduce their employment, sales, and investment, whereas their profits increase. 1 Introduction. Recent research has raised ...

Are Markets Becoming Less Competitive? - Richmond Fed

The tech sector offers a number of well-known examples. The vast majority of ... benefit from economies of scale and solidify their market power.

Importing the Merger Guidelines market test in section 2 cases

Grinnell Corp., 384 U.S. 563, 570-71 (1960). ("The offense of monopoly under § 2 of the Sherman Act has two ele- ments: (1) the possession of monopoly power in ...

Increased corporate concentration and the influence of market power

well as bonuses and employer-provided benefits.8 The labour share of ... A merger to consolidate market share offers a clear opportunity to abuse ...

Invigorating Vertical Merger Enforcement

Strong enforcement is particularly important in markets where economies of scale and network effects lead to barriers to entry and durable market power. Even ...

Hospitals, Market Share, and Consolidation - Harvard University

Large health systems may create benefits as well as harms (Table 2). On the benefit side, large health systems may be able to provide higher ...