Mergers Archives - Page 2 of 8 - International Center for Law & Economics

Merger Lore: Dispelling the Myth of the Maverick

The idea of the maverick firm requires that the firm play a critical role in the market. The maverick must be the firm that outflanks coordinated action or acts as a bulwark against unilateral action. By this loosey goosey definition of maverick, a single firm can make the difference between success or failure of anticompetitive behavior by its competitors.