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20 - Vertical Merger Policy

from Part V - Mergers and Acquisitions

Published online by Cambridge University Press:  24 November 2022

Roger D. Blair ,
Christine Piette Durrance  and
Tirza J. Angerhofer
Roger D. Blair
Affiliation:
University of Florida
Christine Piette Durrance
Affiliation:
University of Wisconsin
Tirza J. Angerhofer
Affiliation:
Duke University, North Carolina
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Summary

Neither vertical mergers nor mergers of complementary input suppliers alter the structure of either the upstream or downstream market. As a result, assessing their competitive significance is more complicated and more subtle than assessing the competitive significance of a horizontal merger. In this chapter, we will tease out the competitive concerns that have shaped vertical merger policy. We discuss vertical mergers in the biotechnology industry, in managed care, and between physician groups and hospitals to illustrate the difficult evaluation task assigned to the Agencies.

Keywords

vertical merger policyphysician group acquisitionsVertical Merger Guidelines
Type
Chapter
Information
Antitrust Policy in Health Care Markets , pp. 457 - 478
Publisher: Cambridge University Press
Print publication year: 2022

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