Legalizing Merger to Monopoly and Higher Prices: The Canadian Competition Tribunal Gets It Wrong

Authors

Alan A. Fisher Ph.D., Bureau of Economics, Federal Trade Commission
Robert H. Lande, University of Baltimore School of LawFollow
Stephen F. Ross, University of Illinois School of LawFollow

Document Type

Article

Publication Date

Fall 2000

Abstract

This article analyzes the Canadian Superior Propane decision, apparently the first merger decision in world history to consider explicitly what to do when a merger was predicted to lead to both higher consumer prices and to net efficiencies. The article advocates analyzing the merger under a "price to consumers" or "consumer welfare" standard, rather than a total efficiency standard, and advocates that the enforcers and the courts block such mergers.

Comments

Co-author

Recommended Citation

Legalizing Merger to Monopoly and Higher Prices: The Canadian Competition Tribunal Gets It Wrong, 15 Antitrust 71 (2000)