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The 1968 Merger Guidelines: In Praise of Committing to Restraint

Authors
  • Werden, Gregory J.1
  • 1 U.S. Department of Justice, Antitrust Division, Washington, DC, USA , Washington (United States)
Type
Published Article
Journal
Review of Industrial Organization
Publisher
Springer US
Publication Date
Aug 09, 2018
Volume
53
Issue
3
Pages
445–452
Identifiers
DOI: 10.1007/s11151-018-9652-x
Source
Springer Nature
Keywords
License
Yellow

Abstract

The 1968 Merger Guidelines of the U.S. Department of Justice remain a model for competition agencies around the world because they courageously articulated when the Department would exercise its prosecutorial discretion by not challenging a horizontal merger.

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