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OverviewThis book models the reaction of firms to Federal Trade Commission (FTC) decisions to seek to block proposed horizontal mergers. Finns' responses to the FTC are shown to depend on a number of factors, including the structural merits of the FTC challenge, the efficiencies potentially arising from the transaction, and the cost to the firms of fighting the FTC in court. For a large number of the FTC's merger challenges, we find that firms have strong incentives to settle with the Commission, regardless of the cases' competitive merits. Therefore, in these matters the Commission appears to have powers more like a regulatory agency than a prosecutor. Full Product DetailsAuthor: Penny Hill Press Inc , Federal Trade CommissionPublisher: Createspace Independent Publishing Platform Imprint: Createspace Independent Publishing Platform Dimensions: Width: 21.60cm , Height: 0.20cm , Length: 28.00cm Weight: 0.100kg ISBN: 9781523424221ISBN 10: 1523424222 Pages: 32 Publication Date: 16 January 2016 Audience: General/trade , General Format: Paperback Publisher's Status: Active Availability: Available To Order ![]() We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |