antitrust and competition

Do Antitrust Enforcers Know They Induce Shrinkflation?

The United States has recently experienced shrinkflation. Many companies have downsized their products while keeping prices unchanged or even raising prices. Barak Orbach argues that misguided beliefs that failed antitrust policies enabled the decay of business morality have compromised the understanding of shrinkflation. The phenomenon typically arises when supply shocks or other factors inflate production costs in the economy and competitive pressures limit the ability of businesses to raise prices to pass on cost increases.

What Signal are the Draft Merger Guidelines Sending to Enforcers Elsewhere?

Cristina Caffarra discusses the animating principles and profound changes brought about by the new draft Merger Guidelines, and argues they will resonate with policy makers and enforcers in other jurisdictions.

Zephyr Teachout: The Proposed Merger Guidelines Represent a Reassertion of Law over Ideology  

Zephyr Teachout provides her round-one comments on the draft Merger Guidelines.

When a Few Financial Institutions Control Everything

The following is a chapter excerpt from The Problem of Twelve: When a Few Financial Institutions Control Everything, written by John Coates and published today by Columbia Global Reports.

Eleanor Fox: A Slice of Forgotten History and Its Light on the Future – Changing the Lens on Antitrust

Eleanor Fox provides her round-one comments on the draft Merger Guidelines. To read more from the ProMarket Merger Guidelines Symposium, please see here.

Why Does the FTC Continue To Pursue Losing Cases?

The Federal Trade Commission has recently lost a series of cases seeking to prevent Big Tech mergers and acquisitions. Jay Ezrielev offers several possible explanations for why the FTC continues to pursue these bad cases and suggests how the agency can refocus its energies to better serve its mission to protect competition going forward.

Cory S. Capps and Leemore Dafny: A Conversation on the Draft Merger Guidelines

Cory S. Capps and Leemore Dafny provide their round-one comments on the draft Merger Guidelines.

Carl Shapiro: Why Dropping Market Power from the Merger Guidelines Matters

Carl Shapiro provides his round-one comments on the draft Merger Guidelines.

The Problem with Political Antitrust

In new research, Nolan McCarty and Sepehr Shahshahani find that, contrary to the concerns of Neo-Brandeisians, Market et power does not correlate with political power via outsized lobbying.

Dennis Carlton: Have the Draft Guidelines Demoted Economics?

Dennis Carlton provides his round-one comments on the draft Merger Guidelines.

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