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The 2010 Horizontal Merger Guidelines After 10 Years
Review of Industrial Organization ( IF 0.8 ) Pub Date : 2021-01-07 , DOI: 10.1007/s11151-020-09807-6
Joseph Farrell , Carl Shapiro

This paper introduces the Special Issue of the Review of Industrial Organization that studies the impact of the 2010 Horizontal Merger Guidelines after 10 years

On August 19, 2010, the U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) issued newly updated Horizontal Merger Guidelines (2010 Guidelines) [See https://www.ftc.gov/sites/default/files/attachments/merger-review/100819hmg.pdf.]. The 2010 Guidelines begin by stating:

“These Guidelines outline the principal analytical techniques, practices, and the enforcement policy of the Department of Justice and the Federal Trade Commission (the “Agencies”) with respect to mergers and acquisitions involving actual or potential competitors (“horizontal mergers”) under the federal antitrust laws.”

Since the first Merger Guidelines were issued by the DOJ 1968, the merger guidelines have been an important channel by which economic research and learning affects antitrust enforcement. Each iteration of the merger guidelines has reflected the economic thinking of the day. Each iteration also has made a substantial impact on merger enforcement and the development of antitrust law. This special issue examines the impact of the 2010 Merger Guidelines after 10 years.



中文翻译:

10年后的2010年横向合并准则

本文介绍了《产业组织评论》特刊,该刊物研究了10年后《 2010年横向并购指南》的影响

2010年8月19日,美国司法部(DOJ)和联邦贸易委员会(FTC)发布了新近更新的《横向合并准则》(2010年准则)[请参阅https://www.ftc.gov/sites/default/files/附件/合并评论/100819hmg.pdf。]。2010年准则首先指出:

“本指南概述了司法部和联邦贸易委员会(以下简称“机构”)针对涉及实际或潜在竞争对手(“横向合并”)的并购所涉及的主要分析技术,做法和实施政策。联邦反托拉斯法。”

自1968年司法部发布第一份《合并指南》以来,合并指南一直是经济研究和学习影响反托拉斯执法的重要渠道。合并指南的每次迭代都反映了当今的经济思想。每次迭代也对合并执行和反托拉斯法的发展产生了重大影响。本期专刊探讨了10年后《 2010年合并指南》的影响。

更新日期:2021-01-08
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