Toward a Merger Enforcement Policy That Enforces the Law: The Original Meaning and Purpose of Section 7 of the Clayton Act

Author:

Musharbash Basel,Hanley Daniel

Publisher

Elsevier BV

Reference229 articles.

1. For the effects of banking consolidation on self-determination and other aspects of community well-being in rural communities, see Farm Action and e2 Entrepreneurial Ecosystems, Basel Musharbash, Comment on DOJ Request for Public Comment on the 1995 Bank Merger Guidelines;J Douglas;S INDEPENDENT BUSINESSES,1973

2. For a broader discussion of the effect of corporate delocalization on social capital in American communities, see Charles H. Heying, Civic Elites and Corporate Delocalization: An Alternative Explanation for Declining Civic Engagement, 40 AM. BEHAV;The Eco-Nomics Of Food And Corporate Foodprint;L SCI,1997

3. The empirical evidence that mergers can cause economically significant increases in price is overwhelming. Of the 49 studies surveyed, 36 find evidence of mergedinduced price increases. All of the airline merger studies find evidence of price increases[.] Similarly most of the banking (six of seven), hospital (five of seven), and 'other industry' (13 of 18) studies find evidence that mergers have resulted in price increases;See;Evidence from Consummated Mergers,2014

4. Concentration in US Labor Markets: Evidence from Online Vacancy Data 13 (Nat'l Bureau of Econ;Jose A Azar;Nat'l Bureau of Econ. Research,2017

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