The effect of mergers on consumer prices
Subtitle: evidence from five selected case studies
By: Orley Ashenfelter, Daniel Hosken.
Contributors: Hosken, Daniel.; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 13859; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 13859.
Publisher: National Bureau of Economic Research
Published: 2008
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "In this paper we propose a method to evaluate the effectiveness of U.S.  horizontal merger policy and apply it to the study of five recent consumer product mergers.  We selected the mergers from those that, from the public record, seemed to be most problematic for the antitrust agencies.  Thus we estimate an upper bound on the likely price effect of completed mergers.  Our study employs retail scanner data and uses familiar panel data program evaluation procedures to measure price changes.  Our results indicate that four of the five mergers resulted in some increases in consumer prices, while the fifth merger had little effect"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 6/16/2008.

Includes bibliographical references.

Also available in print.

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Mode of access: World Wide Web.