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April 17, 2020
Loren Smith Coauthors Article on Econometric Analysis in Merger Reviews for the ABA Economics Committee Spring Newsletter

All merger reviews seek to answer the question, “Will the proposed merger have anticompetitive effects?” To help answer this question, Principal Loren Smith coauthored an article in the American Bar Association’s (ABA’s) Economics Committee Spring Newsletter on the types of econometric analyses used in merger reviews to determine potential anticompetitive effects.

The article describes three types of econometric analyses that often are used in merger reviews to inform evaluations of the potential for mergers to cause anticompetitive harm: demand estimation and merger simulation, event studies, and price-concentration studies. These econometric analyses can be used independently or in combination, depending on the data available during a merger review.

The full article, “The Use of Econometrics in Merger Reviews,” can be found below.