Critical Loss: Implementing the Hypothetical Monopolist Test

This article is part of a Chronicle. See more from this Chronicle Malcolm Coate, Jeffrey Fischer, Apr 01, 2008 This comment responds to two recent papers on critical loss in this magazine. The first, by Gregory J. Werden, cautions against the standard application of CL analysis. The second, by Kevin Murphy and Robert Topel, concludes […]

Competitor Complaints About Google/DoubleClick Rejected

This article is part of a Chronicle. See more from this Chronicle Leah Brannon, Mar 17, 2008 On March 11, 2008, the European Commission unconditionally cleared Google Inc.’s acquisition of DoubleClick Inc. The U.S. Federal Trade Commission (FTC) previously closed its investigation on December 20, 2007, also without imposing any conditions on the transaction. Both […]

Critical Loss Analysis in the Whole Foods Case

This article is part of a Chronicle. See more from this Chronicle Kevin Murphy, Robert Topel, Mar 17, 2008 In the matter of the U.S. Federal Trade Commission (FTC) versus Whole Foods (hereinafter Whole Foods), the economist for Whole Foods, Professor David Scheffman, applied “Critical Loss” (CL) analysis to the issue of market definition in […]

Market Definition, Competition, and Privacy in the Google/DoubleClick Transaction

This article is part of a Chronicle. See more from this Chronicle Christine Naglieri, Mark Seidman, Mar 17, 2008 On December 21, 2007, the U.S. Federal Trade Commission (FTC) closed its investigation of Google Inc.’s proposed acquisition of DoubleClick Inc. The merger and the Commission’s investigation attracted a great deal of public interest, and the […]

Google/DoubleClick and the Power of Information to Raise Antitrust Concerns in Vertical Mergers

This article is part of a Chronicle. See more from this Chronicle Stephen Kinsella, David Went, Mar 17, 2008 Last week, following an investigation that lasted almost six months but that did not result in a statement of objections, the European Commission cleared Google’s acquisition of ad serving company DoubleClick. While this result had been […]

Lifting the Fog: Google/DoubleClick Demystified

This article is part of a Chronicle. See more from this Chronicle Peter Thomas, Mar 17, 2008 Google’s proposed acquisition of DoubleClick generated significant controversy when it was announced in early 2007. Complainants (many of whom were competitors of Google) raised a number of superficially plausible but inaccurate claims. One of the most prominent was […]

The Canadian Competition Bureau’s Attempt to Halt Beer Merger Goes Flat

This article is part of a Chronicle. See more from this Chronicle Mark Katz, Feb 28, 2008 On January 22, 2008, the Canadian Federal Court of Appeal (FCA) rejected the Competition Bureau’s appeal in Labatt, refusing the Bureau’s request for section 100 relief and more time to investigate Labatt Brewing Co. Ltd.’s proposed 2007 acquisition […]

The FTC’s Quixotic Pursuit of the Whole Foods/Wild Oats Merger

This article is part of a Chronicle. See more from this Chronicle Rick Dumas-Eymard, Nov 07, 2007 A little over two months ago, the U.S. Federal Trade Commission’s (FTC) challenge of the acquisition by natural and organic foods retailer Whole Foods of its rival Wild Oats seemed all but dead in the water. On August […]

Schneider Electric Damages Judgment: A New Era in EC Merger Control?

This article is part of a Chronicle. See more from this Chronicle Juan Rodriguez, Aug 06, 2007 The judgment of the Court of First Instance (CFI) of July 11, 2007 awarding damages to Schneider Electric is unlikely to lead to a flood of merger-related damages litigation against the European Commission. But, unless it is overturned […]

A Competitive Analysis of the Proposed XM-Sirius Satellite Radio Merger

This article is part of a Chronicle. See more from this Chronicle Paul Larkin, Jul 26, 2007 On February 19, 2007, America’s two satellite radio companies -XM, based in Washington, D.C., and Sirius, based in New York City- proposed a merger of the two firms. The union would be accomplished by an exchange of shares […]