Economics at the FTC: Horizontal Mergers and Data Security

Economics at the FTC: Horizontal Mergers and Data Security This article describes aspects of the economic analyses that were performed on three matters on which economists in the Bureau of Economics at the Federal Trade Commission have worked during this past year. The first two matters were merger investigations: They (separately) involved tobacco manufacturers and food distributors. While these investigations shared some common attributes, such as the importance of the proposed divestitures, this essay demonstrates how our analysis must vary based on the types of information and the competitive concerns presented by specific transactions. The third section discusses a general economic approach to estimating consumer harm from data breaches, which is illustrated with an example of an application to a recent case. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of Industrial Organization Springer Journals

Economics at the FTC: Horizontal Mergers and Data Security

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Publisher
Springer US
Copyright
Copyright © 2016 by Springer Science+Business Media New York (outside the USA)
Subject
Economics; Industrial Organization; Microeconomics
ISSN
0889-938X
eISSN
1573-7160
D.O.I.
10.1007/s11151-016-9548-6
Publisher site
See Article on Publisher Site

Abstract

This article describes aspects of the economic analyses that were performed on three matters on which economists in the Bureau of Economics at the Federal Trade Commission have worked during this past year. The first two matters were merger investigations: They (separately) involved tobacco manufacturers and food distributors. While these investigations shared some common attributes, such as the importance of the proposed divestitures, this essay demonstrates how our analysis must vary based on the types of information and the competitive concerns presented by specific transactions. The third section discusses a general economic approach to estimating consumer harm from data breaches, which is illustrated with an example of an application to a recent case.

Journal

Review of Industrial OrganizationSpringer Journals

Published: Nov 10, 2016

References

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