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Steven C. Salop Publications
Developing an Administrable MFN Enforcement Policy
Steven C. Salop, Fiona Scott Morton
In this article the authors discuss how most-favored-nations contractual provisions (MFNs) can lead to procompetitive benefits or anticompetitive harms and how an analysis of harms and benefits can be factored ...An Economic Analysis of the AT&T-T-Mobile USA Wireless Merger
Stanley Besen, Stephen Kletter, Serge X. Moresi, Steven C. Salop, John R. Woodbury
In this article, the authors describe the analyses they undertook on behalf of Sprint Nextel in its challenge to the AT&T/T-Mobile merger. The authors concluded that the merger likely would ...Merger Settlement and Enforcement Policy for Optimal Deterrence and Maximum Welfare
Steven C. Salop
This article explains that a disciplined long-run optimal merger settlement policy would clear all welfare-enhancing mergers as-proposed; forgo negative welfare settlements despite the risk of losing in court, but instead ...vGUPPI: Scoring Unilateral Pricing Incentives in Vertical Mergers
Serge X. Moresi, Steven C. Salop
In this paper, Serge Moresi and Steven Salop explain how the upward pricing pressure resulting from unilateral incentives following a vertical merger can be scored with vertical Gross Upward Pricing ...Competition Memo: Antitrust Concerns Force AT&T to Abandon its Proposed Acquisition of T-Mobile USA
Steven C. Salop, Stanley Besen, Serge X. Moresi, John R. Woodbury, Stephen Kletter
CRA economists played a prominent role in identifying and analyzing the anticompetitive effects of the proposed merger of AT&T and T-Mobile. The merger would have created the largest wireless carrier ...Gauging Parallel Accommodating Conduct Concerns with the CPPI
Serge X. Moresi, David Reitman, Steven C. Salop, Yianis Sarafidis
In this paper, the authors describe a new metric to “score” the post-merger likelihood of parallel accommodating conduct, a coordinated-effects concept that features prominently in the 2010 Horizontal Merger Guidelines. ...Scoring Unilateral Effects with the GUPPI: The Approach of the New Horizontal Merger Guidelines
Steven C. Salop, Serge Moresi, John R. Woodbury
The US Department of Justice and the Federal Trade Commission released the 2010 Horizontal Merger Guidelines on August 19, 2010. This note explains the approach set out in the 2010 ...Refusals to Deal and Price Squeezes by an Unregulated, Vertically Integrated Monopolist
Steven C. Salop
Click the link below to download a PDF version of this article:
Horizontal Merger Guidelines: Summary of proposed revisions
Steven C. Salop, Serge X. Moresi
To download a copy of this publication, please click here:Updating the Merger Guidelines: Hearings Statement of Professor Steven C. Salop (December 3, 2009)
Steven C. Salop, Serge Moresi
Updating the Merger Guidelines: Hearings Statement of Professor Steven C. Salop (December 3, 2009)Public statement of Professor Steven C. Salop to the FTC and DOJ during the first of five ...Updating the Merger Guidelines: Comments
Steven C. Salop, Serge Moresi
Click the link below to download a PDF version of this comment:A Model of Ordered Bargaining with Applications
Serge Moresi, Steven C. Salop, Yianis Sarafidis
Click here to download this paper:Implementing the Hypothetical Monopolist SSNIP Test With Multi-Product Firms
Serge X. Moresi, Steven C. Salop, John R. Woodbury
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