Geoff Manne on the FTC/DOJ Merger Guidelines

American Institute for Economic Research View Original Source

American Institute for Economic Research – ICLE President Geoffrey Manne was cited by the American Institute for Economic Research in a blog post about the Federal Trade Commission and U.S. Justice Department’s draft merger guidelines. You can read full piece here.

As Elizabeth Nolan Brown notes, however, that set of principles (relying on inconsistent meanings of competition) “could be used to justify blocking any merger,” echoing the conclusion of Geoffrey Manne, President of the International Center for Law and Economics, that “The overbroad guidelines are clearly designed to deter merger activity as a whole, regardless of the risk posed to competition.”