LAW & ECONOMICS: MERGERS - UNILATERAL EFFECTS - SUBSTITUTABILITY - COMPETITIVE HARM

Measuring unilateral effects under data scarcity: A merger case in South Africa

In this paper, we use a differentiated-products setup to assess the impact on competition of a merger between Greif and Rheem South Africa. Both parties are active in the industrial packaging products sector. The parties’ activities overlap, among others, in the production of large steel drums. Our analysis suggests that there is a low degree of substitutability between large steel drums and other products in the market. For this reason, we focus our competitive assessment on the unilateral e...

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