antitrust and competition
Reclaiming The Antitrust Law Of Potential Competition Mergers
In order to discuss the Meta/Within merger decision, it is important to understand the legal underpinnings and history of competition merger cases.
Most mergers that...
Why “The Jury’s Out” on the Government’s Case Against Google’s Ad Tech Monopoly
Last month, the U.S. Department of Justice and eight states sued Google, claiming it runs its digital ad business to unfairly advantage its own...
An Excessive Evidentiary Burden Sunk the FTC’s Case Against the Meta/Within Merger
In early February, a district court judge rejected the FTC’s preliminary injunction suit to block Meta’s purchase of Within, a developer of a virtual...
How the AT&T Case Can Inform Big Tech Breakups
Breaking up companies that antitrust regulators consider too dominant can be costly and might negatively impact innovation and consumer welfare. As economists and policymakers...
A New Merger Tool Protects Consumers from Limits of the Cournot Effect
The widely accepted Cournot effect assumes that the merger of complementary firms benefits downstream firms and consumers (in addition to the merged firms themselves)...
Antitrust Deregulation is Undermining Innovation
A 2000 amendment to the Hart-Scott-Rodino Act made it easier for firms to merge without notifying US antitrust authorities. In new research, Giovanni Morzenti...
How the Consumer Welfare Standard Propagates Gender and Racial Inequalities
Using the 2019 BB&T-SunTrust merger as a case study, Laura Beltrán argues that contemporary antitrust policy, based on the Consumer Welfare Standard, fails to...
Survey Highlights Backlash to Increasingly Political Corporate America
A recent poll shows that 71% of Americans view large companies negatively. The change has been driven by Republicans who dislike the rise of...
The Paramount Decrees and the Deregulation of Hollywood Studios
A landmark antitrust decision on Hollywood will sunset this year, paving the way for more major studios to overpower independent producers and exhibitors. A...
Antitrust Misunderstands Innovation. This Is How We Fix It.
Antitrust misunderstands innovation by focusing almost entirely on incentives to innovate to the neglect of questions regarding the ability to innovate through sharing knowledge...
