ICLE on Doomsday Mergers

Townhall – A recent ICLE white paper on so-called “doomsday mergers” was cited in an opinion piece published by Townhall. You can read full piece here.

The Amazon-Whole Foods deal is an example of what International Center for Law & Economics scholars call “doomsday mergers.” In their recent, the authors document how progressive antitrust advocates have made alarming predictions about mergers across sectors—from beverages to pharmaceuticals to tech. These forecasts proved to be “completely untethered from prevailing market realities, as well as far removed from the outcomes that emerged after the mergers.”