Brian Albrecht on FTC Merger Enforcement

ICLE Chief Economist Brian Albrecht was quoted by Axios in a story about the Federal Trade Commission’s opposition to Tapestry’s acquisition of Capri Holdings. You can read the full piece here.

Zoom in: The FTC may have been encouraged by its success in blocking the merger of JetBlue and Spirit, say Oliver and Brian Albrecht, chief economist at the International Center for Law & Economics.

The intrigue: It’s rare that the U.S. is not in lock step with its antitrust counterparts in the European Union and Japan, which both cleared the deal, say Oliver and Albrecht.

The bottom line: Like JetBlue-Spirit and Kroger-Albertsons, this will be another battle over market definition, Albrecht says.