Chapter 12 Horizontal Mergers and Acquisitions

  • Richard S. Markovits

Abstract

A merger or acquisition (hereinafter a merger) is horizontal to the extent that the merger partners are well-placed to compete for the patronage of the same buyers in relation to given purchasing decisions. This chapter analyzes the determinants of the economic effects of horizontal mergers that are relevant to their legality under U.S. and E.C./E.U. antitrust law and states and criticizes both the approaches that U.S. and E.C./E.U. authorities have taken to the analysis of the antitrust legality of such mergers and various conclusions they have reached about the legal relevance of various facts.

Keywords

Market Share Federal Trade Commission Relevant Market Horizontal Merger Market Definition 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer-Verlag Berlin Heidelberg 2014

Authors and Affiliations

  • Richard S. Markovits
    • 1
  1. 1.School of LawThe University of TexasAustinUSA

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