A NOTE ON UPWARD PRICING PRESSURE: THE POSSIBILITY OF FALSE POSITIVES

Joseph Farrell and Carl Shapiro proposed a simple test of the possible upward pricing pressure (UPP) following a merger. They showed that the test may give false negatives -- that is, indicate that a merger may not give an UPP, while a more comprehensive test would indicate the opposite. We show tha...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Veröffentlicht in:	Journal of competition law & economics 2012-12, Vol.8 (4), p.881-887
Hauptverfasser:	Mathiesen, L., Nilsen, O. A., Sorgard, L.
Format:	Artikel
Sprache:	eng
Schlagworte:	Acquisitions & mergers Antitrust Price increases Studies Test methods
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

container_end_page	887
container_issue	4
container_start_page	881
container_title	Journal of competition law & economics
container_volume	8
creator	Mathiesen, L. Nilsen, O. A. Sorgard, L.
description	Joseph Farrell and Carl Shapiro proposed a simple test of the possible upward pricing pressure (UPP) following a merger. They showed that the test may give false negatives -- that is, indicate that a merger may not give an UPP, while a more comprehensive test would indicate the opposite. We show that their test applied to a case with asymmetric firms may give false positives. [PUBLICATION ABSTRACT]
doi_str_mv	10.1093/joclec/nhs029
format	Article
fullrecord	<record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_journals_1222384257</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>2833414821</sourcerecordid><originalsourceid>FETCH-LOGICAL-c426t-46395a61477f45d360c89a362c99844dd15b5c9191bc9364ca1fc968083792193</originalsourceid><addsrcrecordid>eNo9kE1Lw0AYhBdRsFaP3hc8x-7Hm03WW4ybdiE0JR-KpyXdJmioTc22B_-91YinGYZhBh6Ebim5p0TyWdfbbWNnuzdHmDxDExoAeAIYO__3FC7RlXMdIcCAwASpCC-zUuFsiavVS5Q_4VWuY72cn1QVRZWrB1wuFF5lRaEfdarLV5wlOInS4jfUpX5WxTW6aOuta27-dIqqRJXxwkuzuY6j1LPAxMEDwaVfCwpB0IK_4YLYUNZcMCtlCLDZUH_tW0klXVvJBdiatlaKkIQ8kIxKPkV34-5-6D-PjTuYrj8Ou9OloYwxHgLzg1PLG1t26J0bmtbsh_ePevgylJgfUmYkZUZS_BschVWS</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>1222384257</pqid></control><display><type>article</type><title>A NOTE ON UPWARD PRICING PRESSURE: THE POSSIBILITY OF FALSE POSITIVES</title><source>HeinOnline Law Journal Library</source><source>Oxford University Press Journals All Titles (1996-Current)</source><creator>Mathiesen, L. ; Nilsen, O. A. ; Sorgard, L.</creator><creatorcontrib>Mathiesen, L. ; Nilsen, O. A. ; Sorgard, L.</creatorcontrib><description>Joseph Farrell and Carl Shapiro proposed a simple test of the possible upward pricing pressure (UPP) following a merger. They showed that the test may give false negatives -- that is, indicate that a merger may not give an UPP, while a more comprehensive test would indicate the opposite. We show that their test applied to a case with asymmetric firms may give false positives. [PUBLICATION ABSTRACT]</description><identifier>ISSN: 1744-6414</identifier><identifier>EISSN: 1744-6422</identifier><identifier>DOI: 10.1093/joclec/nhs029</identifier><language>eng</language><publisher>Oxford: Oxford Publishing Limited (England)</publisher><subject>Acquisitions & mergers ; Antitrust ; Price increases ; Studies ; Test methods</subject><ispartof>Journal of competition law & economics, 2012-12, Vol.8 (4), p.881-887</ispartof><rights>Copyright Oxford Publishing Limited(England) Dec 2012</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c426t-46395a61477f45d360c89a362c99844dd15b5c9191bc9364ca1fc968083792193</citedby></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,780,784,27924,27925</link.rule.ids></links><search><creatorcontrib>Mathiesen, L.</creatorcontrib><creatorcontrib>Nilsen, O. A.</creatorcontrib><creatorcontrib>Sorgard, L.</creatorcontrib><title>A NOTE ON UPWARD PRICING PRESSURE: THE POSSIBILITY OF FALSE POSITIVES</title><title>Journal of competition law & economics</title><description>Joseph Farrell and Carl Shapiro proposed a simple test of the possible upward pricing pressure (UPP) following a merger. They showed that the test may give false negatives -- that is, indicate that a merger may not give an UPP, while a more comprehensive test would indicate the opposite. We show that their test applied to a case with asymmetric firms may give false positives. [PUBLICATION ABSTRACT]</description><subject>Acquisitions & mergers</subject><subject>Antitrust</subject><subject>Price increases</subject><subject>Studies</subject><subject>Test methods</subject><issn>1744-6414</issn><issn>1744-6422</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2012</creationdate><recordtype>article</recordtype><recordid>eNo9kE1Lw0AYhBdRsFaP3hc8x-7Hm03WW4ybdiE0JR-KpyXdJmioTc22B_-91YinGYZhBh6Ebim5p0TyWdfbbWNnuzdHmDxDExoAeAIYO__3FC7RlXMdIcCAwASpCC-zUuFsiavVS5Q_4VWuY72cn1QVRZWrB1wuFF5lRaEfdarLV5wlOInS4jfUpX5WxTW6aOuta27-dIqqRJXxwkuzuY6j1LPAxMEDwaVfCwpB0IK_4YLYUNZcMCtlCLDZUH_tW0klXVvJBdiatlaKkIQ8kIxKPkV34-5-6D-PjTuYrj8Ou9OloYwxHgLzg1PLG1t26J0bmtbsh_ePevgylJgfUmYkZUZS_BschVWS</recordid><startdate>20121201</startdate><enddate>20121201</enddate><creator>Mathiesen, L.</creator><creator>Nilsen, O. A.</creator><creator>Sorgard, L.</creator><general>Oxford Publishing Limited (England)</general><scope>AAYXX</scope><scope>CITATION</scope></search><sort><creationdate>20121201</creationdate><title>A NOTE ON UPWARD PRICING PRESSURE: THE POSSIBILITY OF FALSE POSITIVES</title><author>Mathiesen, L. ; Nilsen, O. A. ; Sorgard, L.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c426t-46395a61477f45d360c89a362c99844dd15b5c9191bc9364ca1fc968083792193</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2012</creationdate><topic>Acquisitions & mergers</topic><topic>Antitrust</topic><topic>Price increases</topic><topic>Studies</topic><topic>Test methods</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Mathiesen, L.</creatorcontrib><creatorcontrib>Nilsen, O. A.</creatorcontrib><creatorcontrib>Sorgard, L.</creatorcontrib><collection>CrossRef</collection><jtitle>Journal of competition law & economics</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Mathiesen, L.</au><au>Nilsen, O. A.</au><au>Sorgard, L.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>A NOTE ON UPWARD PRICING PRESSURE: THE POSSIBILITY OF FALSE POSITIVES</atitle><jtitle>Journal of competition law & economics</jtitle><date>2012-12-01</date><risdate>2012</risdate><volume>8</volume><issue>4</issue><spage>881</spage><epage>887</epage><pages>881-887</pages><issn>1744-6414</issn><eissn>1744-6422</eissn><abstract>Joseph Farrell and Carl Shapiro proposed a simple test of the possible upward pricing pressure (UPP) following a merger. They showed that the test may give false negatives -- that is, indicate that a merger may not give an UPP, while a more comprehensive test would indicate the opposite. We show that their test applied to a case with asymmetric firms may give false positives. [PUBLICATION ABSTRACT]</abstract><cop>Oxford</cop><pub>Oxford Publishing Limited (England)</pub><doi>10.1093/joclec/nhs029</doi><tpages>7</tpages><oa>free_for_read</oa></addata></record>
fulltext	fulltext
identifier	ISSN: 1744-6414
ispartof	Journal of competition law & economics, 2012-12, Vol.8 (4), p.881-887
issn	1744-6414 1744-6422
language	eng
recordid	cdi_proquest_journals_1222384257
source	HeinOnline Law Journal Library; Oxford University Press Journals All Titles (1996-Current)
subjects	Acquisitions & mergers Antitrust Price increases Studies Test methods
title	A NOTE ON UPWARD PRICING PRESSURE: THE POSSIBILITY OF FALSE POSITIVES
url	https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-05T03%3A01%3A54IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=A%20NOTE%20ON%20UPWARD%20PRICING%20PRESSURE:%20THE%20POSSIBILITY%20OF%20FALSE%20POSITIVES&rft.jtitle=Journal%20of%20competition%20law%20&%20economics&rft.au=Mathiesen,%20L.&rft.date=2012-12-01&rft.volume=8&rft.issue=4&rft.spage=881&rft.epage=887&rft.pages=881-887&rft.issn=1744-6414&rft.eissn=1744-6422&rft_id=info:doi/10.1093/joclec/nhs029&rft_dat=%3Cproquest_cross%3E2833414821%3C/proquest_cross%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=1222384257&rft_id=info:pmid/&rfr_iscdi=true