Mergers

Why the T-Mobile–Sprint Merger Will Likely Lead to Higher Prices and Lower Quality

The rise in prices of mobile services risks imposing a higher tax on most households, higher than any possible tax rebate they might receive.  The...

Two Views of Exclusion: Why the European Union and the United States Diverged on Google

What accounts for the difference in contemporary EU and US antitrust doctrine? Examined closely, says William E. Kovacic in Chapter 4 of our forthcoming...

Editors’ Briefing: On Our Radar This Week (April 1–April 7)

This week in political economy.       Facebook acknowledged this week that the Cambridge Analytica data breach affected 87 million users (reportedly including 2.7 million Europeans)—37...

A German Approach to Antitrust for Digital Platforms

In Chapter 2 of the ebook Digital Platforms and Concentration, forthcoming ahead of the Stigler Center’s annual antitrust conference on April 19 and 20, Justus...

Editors’ Briefing: On Our Radar This Week (March 10-March 17)

This week in political economy.     A federal appeals court voided the Department of Labor's “fiduciary rule,” an Obama-era rule that instructed financial professionals like...

Why Behavioral Remedies Won't Work in the Case of AT&T-Time Warner

It is clear from the economics in the government’s complaint against the AT&T-Time Warner merger that the harms to competition articulated by the Department...

Editors’ Briefing: On Our Radar This Week (Dec. 9–Dec. 16)

This week in political economy.      House and Senate Republicans released the final version of their tax bill late Friday afternoon. The Washington Post breaks...

Will Repeal of Net Neutrality Accelerate the Trend in Media Consolidation? The History of Cable Suggests "Yes"

The history of cable and cable programming strongly suggests that without specific FCC safeguards, we can expect a massive “arms race” by providers to...

The DOJ Has a Strong Case Against the AT&T-Time Warner Merger

If the merging parties are true to their many tough public statements, and they stick the litigation out long-term, the odds are not bad...

Mergers Are Bad for Innovation

Mergers tend to reduce overall innovation, making consumers “always worse off after a merger," says Tommaso Valletti, the European Commission’s Chief Competition Economist. As competition authorities...

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