|
Indicator: Performance Measure 2.1.3
[Quantitative::Outcome]
Measurements in/of Actions against mergers likely to harm competition in markets with a total of at least $25 billion in sales.
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 Billions |
40 |
13.4 |
25 |
42.6 |
25 |
14.9 |
25 |
22.3 |
25 |
22.5 |
25 |
25 |
| Description |
|
|
|
|
|
|
|
|
$25.0 billion |
Target Not Met. The FTC’s positive merger results affected markets in which the total estimated volume of commerce was approximately
$22.5 billion, or 90% of the annual target, as calculated using the average of the current fiscal volume of commerce year
and the previous four years. During FY 2010, the FTC obtained positive results in 16 merger matters, resulting in 13 consent
agreements, one of which was negotiated after the Commission issued an administrative complaint, and three transactions that
were abandoned based on the antitrust concerns raised by staff during the course of the investigation. In the case of consent
agreements, the actions taken by the FTC consist primarily of structural remedies, accompanied in some cases by conditions
restricting the future conduct of the merged entity. In all 13 consent agreements stipulated in FY 2010, the parties agreed
to divest certain crucial assets to resolve the competitive concerns raised by the Commission. Although the agency did not
meet the target in FY 2010, as in the case of Performance Measure 2.1.1, it should be noted that there were five additional
merger investigations, which were resolved with a consent, but are excluded from this measure because they did not involve
the use of compulsory process. Data Source: Estimates of the volume of commerce associated with merger actions are prepared
by the lead attorney responsible for an individual investigation, and subsequently subject to review by staff economists.
The estimate is generated using the volume of commerce for the affected markets using public sources and confidential data
submitted by the parties during the course of the investigations.
|
|
|
|
