(), Jaewon Kim
() and Martin Mandorff
Apostolos Baltzopoulos: Konkurrensverket, Postal: Stockholm, Sweden.
Jaewon Kim: Konkurrensverket, Postal: Stockholm, Sweden.
Martin Mandorff: Konkurrensverket, Postal: Stockholm, Sweden.
Abstract: A recent development in merger review has been the shift from an approach committed to market definitions, market shares and concentration index appraisals to more effect-based analyses. In this paper we Review and summarize the underpinnings of what has become a popular tool in identifying potentially problematic mergers, known as the Upwards Pricing Pressure (UPP) methodology and discuss how it has been applied in five recent cases reviewed by Konkurrensverket (the Swedish Competition Authority). Thepaper attempts to provide an all-inone guide for practitioners who are interested in getting a full grasp of how the UPP framework has been developed and how to apply it.
48 pages, September 1, 2015
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