LAW 642 Lecture Notes - Lecture 33: Corestates Financial Corporation, Clorox
30 May 2020
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Merger between 2d and 3rd biggest banks in philly, resulting in 58% market share. Court finds that: this level of market concentration as a result of a merger, and, so significant of an increase in market concentration, establishes the. P&g was large producer of soap products, acquired clorox, which held 48. 8% of market share. Germ of potential competition theory: proctor"s presence was sufficiently threatening to clorox, even without actually entering the market, to prevent them from raising prices, due to. P&g"s ability to enter market should they so please: being that p&g cannot fear itself, the acquisition eliminates the procompetitive benefits of that looming competitor. Flailing newspaper in tuscon acquired by only other newspaper in tuscon. Father of failing business defense, which is extremely narrow. Must be: grave possibility of business failure, prospects of bankruptcy reorg must be dim or nonexistent and, there must be no other prospective purchaser, meaning no less anticompetitive way to salvage company.
