Abstract
In 1997, the US Federal Trade Commission challenged the proposed merger of two office supply superstores, Staples and Office Depot in US District Court. Both the government and merging parties presented econometric studies examining the merger's likely impact on consumer pricing, predicting a price increase of 8.6% and 0.9% respectively. This article uses the extensive public record to provide a detailed discussion of the econometric models used in the case and to show how differences between the models led to the discrepancy between these estimates.
Original language | English (US) |
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Pages (from-to) | 265-279 |
Number of pages | 15 |
Journal | International Journal of the Economics of Business |
Volume | 13 |
Issue number | 2 |
DOIs | |
State | Published - Jul 1 2006 |
All Science Journal Classification (ASJC) codes
- Business, Management and Accounting (miscellaneous)
- Economics and Econometrics
Keywords
- Antitrust
- Econometrics
- Empirical Methods
- Merger Review