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horizontal merger |
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Horizontal merger A merger involving two or more firms in the same industry that are both at the same stage in the production cycle; that is, two or more competitors.
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Department of Justice and the Federal Trade Commission announced that they would seek public comment and hold joint public workshops to explore possible updates to the Horizontal Merger Guidelines, which outline the antitrust agencies' merger enforcement policies. The public interest inquiry includes, among other factors, the impact of any merger on competition under a markedly different standard than the Horizontal Merger Guidelines. Researchers in economics and business explore such topics as corporate governance and the public interest, competition between profit seekers and non-profit firms in German banking, the effects of mergers and alliances in pharmaceuticals on innovation and research and development productivity, endogenous horizontal mergers in dynamic markets, and the impact of competition on macroeconomic performance. |
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