Mergers

Amazon-Owned Movie Theaters: the Next Step in Entertainment Industry Consolidation

Amazon is in talks to buy AMC Theaters, whose business model was jeopardized by the coronavirus pandemic. Other streaming companies, such as...

With the Court Approval of the T-Mobile/Sprint Merger, the Dominant Doctrine in Antitrust Has Jumped the Shark

New York Judge Victor Marrero allowed two major mobile companies to merge in an already concentrated telecom industry, ensuring that prices will rise and...

"The Lack of Competition Has Deprived American Workers of $1.25 Trillion of Income"

French economist Thomas Philippon, author of the recent The Great Reversal, explains how Europe got to be better at free markets than the US and how...

High-Priced Acquisitions of Tech Startups Do Not Always Stimulate More Innovation

What seems to be a big reward to innovation ultimately reduces the incentive to innovate, argues a new Stigler Center working paper by Krishna...

Vertical Media Mergers Are a Serious Threat to Freedom of Speech

Antitrust regulators should stop mergers where a firm owning the means of transmission acquires a provider of content. The people that own the pipes...

The Cost of America’s Oligopoly Problem

An innovative new study finds substantial, increasing deadweight losses resulting from oligopolistic behavior and points to the important role that startup acquisitions—particularly by large...

Paging Don Qixote: The Last Hope for American Merger Law

Of the eight or nine hundred antitrust claims each year, few are private merger claims, and almost all of them fail. That is why...

Can Horizontal Mergers Actually Boost Competition?

Research by Dirk Hackbarth and Bart Taub shows the potential to merge in the future increases competition prior to merging. Hence--in contrast to the...

How Might A Justice Kavanaugh Impact Antitrust Jurisprudence?

Throughout his judicial career, the US president’s latest nominee to the Supreme Court, Brett Kavanaugh, has written three antitrust opinions. Here, Stephen Calkins of...

Editors’ Briefing: This Week in Political Economy (July 7–14)

Brett Kavanaugh is expected to bring his pro-business bent to the Supreme Court; the DOJ is appealing the AT&T-Time Warner merger approval; Britain fines...

LATEST NEWS

How Political Conflict Shapes Macroeconomics: Alberto Alesina’s Intellectual Legacy

One of the most respected economists of his generation, Harvard professor Alberto Alesina suddenly died at 63. His friend and colleague Guido...

“Alberto Alesina Always Knew Where The Big Ideas Were”

Harvard economist Alberto Alesina passed away at 63. Paola Giuliano, UCLA professor and Alesina's co-author, recalls his intellectual and human legacy: "He...

Bethany McLean’s Weekend Reading List: Fracking, Germs, and the Global Financial Crisis

Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean. 

We Need More Respectful and Inclusive Experiments in Development Economics: A Proposal

After many years of field research in Uganda, three economists outline how to prevent a powerful research tool such as randomized...

Indecent Proposals in Economics: The Moral Problem With Randomized Trial Experiments

The advent of field Randomised Control Trials (RCTs) has made it more acceptable for applied economists to collect data in developing countries....