Dec. 20, 2012

Mergers control: For a reconsideration of the structural analysis

By Laurent Benzoni and Julien Pellefigue

Since the ‘80s, economists have focused on behavioral analysis. This approach has contributed to the development of regulations on mergers control, decreasing the importance of structural analysis in favor of the study on unilateral and coordinated effects, as shown bythe latest version of the U.S. Merger Guidelines which give a limited role to structuralanalysis. According to the author, it is now time to reconsider structural analysis andsupplement the effects analysis by using tools such as the Lynda index on oligopolistic markets.

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Other publications by TERA Consultants in Competition

Anti-dumping and competition policies

Anti-competitive practice of price discrimination in the residential mobile telephony market

Competitive Dynamics Between MNOs in the Mobile Telecommunications Single Market: Lessons from the US Experience (In French)

The stimulus policy as a factor of competition (Download the French file)

Audiovisual media content and competition (Download the French file)