What is it about?
A series of chapters describe and critique policy choices with respect to merger in industries that going through substantial change as a result of deregulation or changes in the market context resulting in their being exposed to competition.
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Why is it important?
Merger policies are very important to the long run structure of any industry. If the goal of deregulation is enhanced competition and use of competition and market processes to ensure fair, efficient operation of these industries, then merger policy can either facilitate achieving those goals or frustrate them.
Perspectives
This set of essays from leading scholars in the various industries provides a very important analytic overview of the few successes and many failures of merger policy as part of the process of deregulation.
Peter C. Carstensen
University of Wisconsin Law School
Read the Original
This page is a summary of: Competition Policy and Merger Analysis in Deregulated and Newly Competitive Industries, January 2008, Edward Elgar Publishing,
DOI: 10.4337/9781848443822.
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