Does Antitrust Policy Improve Consumer Welfare? Assessing the Evidence

By R. Crandall, Clifford Winston. 2003

207 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/edb610804061bd0379c046169ec4a993902dc856

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. John M. Connor
2. Daniel Hosken
3. Yuliya V. Bolotova
4. O. Ashenfelter
5. Emi Nakamura

In Marketing

1. Daniel Hosken
2. O. Ashenfelter
3. Emi Nakamura

Citations in the corpus

• The Credibility Revolution in Empirical Economics: How Better Research Design is Taking the Con Out of Econometrics (2010, unknown): “Research on the aggregate effects of merger policy seems to be even more limited; see the articles by Baker (2003) and Crandall and Winston (2003) in this journal for a review and conflicting interpretations.”
• The Effect of Mergers on Consumer Prices: Evidence from Five Mergers on the Enforcement Margin (2010, background): “Crandall and Winston (2003), for example, argue that antitrust policy has not been beneficial for consumers, while Baker (2003) argues to the contrary.”
• The arguments for and against ownership unbundling of energy transmission networks (2008, unknown): “bring about social welfare improvements is mixed. Crandall and Whinston (2003)”
• How Effective is European Merger Control (2011, unknown): “Davies and Lyons (2007), based on their empirical study using simulations, suggest that for global mergers behavioral remedies might be preferred in national markets especially when a national authority can monitor their application. Farrell (2003) argues that the effectiveness of structural remedie”
• Cartel Overcharges: Survey and Meta-Analysis (2006, background): “In a provocative essay that quickly drew rebuttals18, Crandall and Winston (2003) argue that extant empirical evidence demonstrates that U.S. antitrust policy has been ineffective in either raising consumer welfare or in deterring anticompetitive conduct: “We find little empirical evidence that…”