Market definition under price discrimination

Article Abstract:

The 1992 Merger Guidelines developed by the Federal Trade Commission and the Antitrust Division of the Dept of Justice fail to consider the demand-side and supply-side forces that are likely to undermine the price discrimination efforts of most monopolists. The Guidelines state that a separate price discrimination market will be analyzed for hypothetical monopolists for whom price discrimination would be feasible and profitable. On the demand side, monopolists are unlikely to properly select customers to raise prices on, and on the supply side, raised prices are likely to prompt entry.

United States, Analysis, Market share, Price discrimination

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Merger review under the Competition Act: reflections on the first decade

Article Abstract:

The merger review processes that Canada has developed since the enactment of the Competition Act in 1986 have succeeded in providing businesses and practitioners with more extensive guidance than can be found in any other jurisdiction, but there are still areas of competition policy that could be improved. Authorities could improve information request procedures, the timing of merger reviews and allocation of resources. Areas of substantive law that need clarification include ease of entry, efficiency gains and anticompetitive effects analysis.

Merger Regulation, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Canada, Acquisitions and mergers, Corporation law

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