Brian Albrecht on Merger Guidelines
Townhall – ICLE Chief Economist Brian Albrecht was cited in an op-ed in Townhall about the new merger guidelines. You can read full piece here.
The DOJ and FTC are unequivocally trying to prevent mergers, lowering the bar for what is considered presumptively illegal. The guidelines redefine thresholds, classifying more markets as concentrated while also stating that a market share of over 30 percent presents a threat of undue concentration. The goal, according to economist Brian Albrecht, is to “stop more mergers of every kind without regard for economic argument or recent law.”