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Indicator: Performance Measure 2.1.2
[Quantitative::Outcome]
Measurements in/of Consumer savings of at least $500 million through merger actions to maintain competition.
Relationships:
| Type |
Target |
Actual |
Target |
Actual |
Target |
Actual |
Target |
Actual |
Target |
Actual |
Target |
Target |
| StartDate |
2005-10-01 |
2005-10-01 |
2006-10-01 |
2006-10-01 |
2007-10-01 |
2007-10-01 |
2008-10-01 |
2008-10-01 |
2009-10-01 |
2009-10-01 |
2010-10-01 |
2011-10-01 |
| EndDate |
2006-09-30 |
2006-09-30 |
2007-09-30 |
2007-09-30 |
2008-09-30 |
2008-09-30 |
2009-09-30 |
2009-09-30 |
2010-09-30 |
2010-09-30 |
2011-09-30 |
2012-09-30 |
| Dollars in Millions |
|
|
500 |
805 |
500 |
360 |
500 |
791 |
500 |
586 |
500 |
500 |
| Description |
n/a |
n/a |
|
|
|
|
|
|
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Target exceeded. In FY 2010, the FTC exceeded the target, saving consumers an estimated $586 million, as calculated using
the average consumer savings for the current fiscal year and the previous three years. This result is in large part determined
by the presence of several enforcement actions over the last three years in the pharmaceutical industry, which involved significantly
sized relevant product markets. The FTC will continue to monitor and reassess the target moving forward. Data Source: Estimates
of consumer savings associated with merger actions are prepared by the lead attorney responsible for an individual investigation,
and subsequently subject to review by staff economists. In the absence of case specific information (such as price and sales
data), the estimate is generated using the volume of commerce in the affected markets as a basis for the calculation.
|
$500.0 million |
|
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