Applying economics to the analysis of mergers and vertical restraints

October 2016

Luke Wainscoat gave a lecture on how economics can be applied to assess the effect that mergers and vertical restraints have on competition at the school of economics in the University of Sydney. His lecture sets out what questions economists can help address in order to determine whether a merger is likely to lead to a substantial lessening of competition. It also sets out some of the types of analysis that can be used, and the conditions under which they are appropriate.

Luke explained what vertical restraints are, and some of the main anti and pro-competitive effects that they may have on competition, before setting out a mechanism by which the vertical restraints that are likely to substantially lessen competition can be identified. Luke’s presentation is available here.

Posted on October 6, 2016 and filed under Presentations.