Analyse the horizontal merger case of Peabody Energy Corporation and Arch Coal.
https://www.ftc.gov/legal-library/browse/cases-proceedings/191-0154-peabody-energyarch-coal-matter
1) Introduction – Outline details of the case i.e. which firms are involved, who are the competition authorities bringing the case, what is the market definition.
2) Present both sides of the argument (e.g. competition authorities vs firms defence)
3) Conclusion i.e. what was the eventual decision and do you agree with this?
You should refer to relevant theory such as (collusion, unilateral effects of mergers, herfindahl hirschman index or any other relevant economic merger therory)
Format of an essay and should NOT include headings/subheadings or listing/bulleting key points.
MUST reference the press release/case report in essay
Essay must include a bibliography and in text Harvard referecing
Line spacing: 1.5
Word count: 1000 (+/-10% excluding footnotes and references)
