Assessing the Effects of Antitrust Enforcement in the United States |
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Authors: | Gregory J Werden |
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Institution: | (1) Antitrust Division, U.S. Department of Justice, 450 5th Street, NW, Washington, DC 20530, USA;(2) 1029 N. Stuart St. #310, Arlington, VA 22201, USA |
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Abstract: | Summary This article reviews empirical evidence informing an assessment of cartel and merger antitrust enforcement in the United States
and makes some reasonable inferences from it. It also explains why an objective assessment based on hard evidence is not possible
for the critical deterrence effects of enforcement, or for any of the effects of enforcement against single-competitor exclusionary
conduct. Finally, this article describes the reporting by the U.S. Department of Justice of consumer savings from its antitrust
enforcement actions, and details the construction of the savings estimates from cartel and horizontal merger enforcement.
The views expressed herein are not purported to represent those of the U.S. Department of Justice. |
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Keywords: | antitrust enforcement cartels mergers |
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