Defending the Failing-Firm Defense
McChesney, Fred S.
Abstract
I. Introduction II.
The Economic Analysis ...
A. Alternative A: Failing Firm Exits Industry ...
B. Alternative B: Failing Firm Acquired by Rival ...
1. Acquisition by Monopolist ... 2. Acquisition by Dominant Firm ...
C. An Alternative Justification of the Failing-Firm Defense III. Conclusion