antitrust and competition
Antitrust Needs Better Models for Estimating Social Welfare in the Digital Age
In a forthcoming article, Seth Benzell and Felix Chang explore how antitrust regulators can use insights from a new quantitative model of Facebook that...
Data, Context and Competition Policy
Data has a tendency to be misunderstood. It is often compared to a raw material like oil, waste, or capital. Elettra Bietti argues that...
The DOJ’s AdTech Suit Against Google Is Anything but Unconventional
The U.S. Department of Justice and eight states recently sued Google, claiming it runs its digital ad business to unfairly advantage its own business,...
Why the Antitrust Agencies Should Consider Prior Bad Acts in Merger Review
As the federal antitrust agencies consider revising the merger guidelines, they should add consideration of the merging parties’ previous bad acts, write Michael A....
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...
