Professional Documents
Culture Documents
is the antitrust reform and the way the merger review process is set up, it was not attainable for
me to do the other methods of research. For surveys and questionnaires, the general population
would not have done extensive research on such a convoluted topic of law. Furthermore, for data
experiment, the laws passed so far and the way the merger reviews are being set up would have
person with no access to the power to change the laws, it was not realistically attainable. Lastly,
there are surveys which could have been possible option for; however, meta-analysis gave me
the option to look at past research conducted by professionals in my specific field, and see the
are several flaws in the way the government operates in managing the merger processes.
Furthermore, there are several methods in which the government can improve regulation and
promote competition between businesses. One of the major flaws of the antitrust laws is that they
only look at short term interest and consumer welfare; however, that should not be the sole factor
when assessing a company. They should look at size of the firm and concentration levels.
from producing any items at lower cost. The second method is through vertical integration in
which the government needs to disclose that companies can not buy out places where processes
happen to make, produce, and deliver a product. This is not even mentioned in the antitrust laws
which needs to be changed. Furthermore, the merger review needs to be fixed as it only states
how monetary mergers are reviewed by agencies however, it should be any merger, especially
including data. The other approach would be a prophylactic limit which limits the involvement
of an companies in similar lines of business since it give more power to the company such as
amazon. The last two are though regulation. Public Uutility Regulation allows the government to
control network industries thatwhich Amazon falls under and prevents the monopoly from
harming consumers. Furthermore, the merger review process is implementing several new
beneficial ideas that can maximize the efficiency of reviewing cases of mergers. The Model
Voluntary Request Letter helps in solving mergers, and is easy to access information that could
show if a deeper investigation is needed. Likewise, the pull and refill accountability in which the
time to investigate the case is “maximized” and furthermore allows the assess to know if more
time is needed when the parties “pull-and-refile their HSRS”. Also, the model timing agreement
where the division sees if the second request should be locked or cleared and allows there to be a
coordinated agreement on how much time is needed, and a good amount of time equates for a
better assessment. Furthermore, there areis only 12 dispositions on a case, and 20 custodians in a
case; similar to the HSR acts as theyit allows for more efficiency when assessing a case, and less
people getting information about the case being discussed, preventing any information about the
review from being leaked out. Furthermore, there will be no gamenship preventing a mislead
verdict about a company. A major problem is that the government is not accessing all the
merging cases. be Right now, if a merger is 85 million dollars are over, they are supposed to
assess the case. However, the data shows that though the number of cases have increased from
716 to 2052, the percent of cases investigated has dropped from 3.8% to 2.6%. Furthermore,
when the government is regulating the P(0) is the most output they cant have however “for
smaller outputs MR exceeds MC, and for larger outputs MR is less than MC”(Osborne).
Furthermore, the only way that regulated price would make profit is if the price is competitive,
which in most cases does not occur. To even obtain the possible price the “regulator needs to
know the firm's marginal cost curve”(Osborne). which needs to be withheld, from them
otherwise it can be used to their own advantage. Thus if the company’s pricing is regulated, than
they will not be able to change the price so competitive that they are not affected and limits
competition.
Data Conclusion:
These results show a possibility that if the ideas mentioned here are combined and
implemented into existing laws, there will be an reduction of monopolies as they will be
regulated more efficiently. Moreover, if there are more constrictions on what companies can do,
then monopolies like Amazon under the newly revised antitrust laws would be caught. Thus,
they would not be able to find loopholes in the laws enacted, proving beneficial for the market,