The Merger Policy Home Page

The Merger Policy Home Page presents javascripts useful for predicting potential outcomes of certain Merger Investigations. The User must input the relevant data in the specified form to obtain a relevant prediction. Javascripts do not check validity of user input at this time, so follow instructions closely.

PROGRAM 1

To Sue or Not to Sue: That is the Question; 1983-1998

Malcolm B. Coate

This model presents an analysis of the FTC's Merger Challenge decision for a subset of HSR reportable mergers with colorable findings of barriers to entry and competitive effects. The model uses structural data from a review of FTC cases between 1983-1998.

Sue or Not Sue

PROGRAM 2

Politics and FTC Decision Making; 1983-1996

Malcolm B. Coate

This model offers general analysis of the FTC decision to challenge a merger reportable under H-S-R. All horizontal transactions involved in full investigations are included in the data set for years 1983-1996.

Politics and the FTC

PROGRAM 3

Fight, Fold and Settle: Modeling the Outcome of FTC Merger Challenges; 1983-1996

Malcolm B. Coate

This model presents a reduced form prediction for the outcome of an H-S-R investigation at the FTC. It simultaneously considers the factors that affect the FTC's and the firm's incentives to litigate, settle or abandon a merger challenge.

Fight, Fold or Settle

PROGRAM 4

Merger Litigation in the Federal Courts; 1982-1992

Malcolm B. Coate

This model presents a reduced form analysis of the factors that impact the likelihood of an injunction against a merger in federal court. The model is based on a review of federal court decisions from 1982-1992.

Win or Lose in the Federal Courts

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