Welcome From the Agencies
I think this symposium is a terrific idea and thank Josh Wright for organizing it. As Chairman Leibowitz and AAG Varney said, we want to . . .
Welcome From the Agencies
Dennis Carlton on Revising the Merger Guidelines
1. Do the Guidelines need revision? The Horizontal Merger Guidelines have served a very valuable purpose by making horizontal merger analysis much more sensible than . . .
Merger Enforcement Without Market Definition?
The Horizontal Merger Guidelines have brought discipline to the unruly world of merger analysis; but have also accommodated advances in our understanding of the myriad . . .
Robert Gertner on Revising the Guidelines
The stated purpose of the DOJ/FTC Horizontal Merger Guidelines is to “reduce the uncertainty associated with enforcement of the antitrust laws.” The Guidelines have had . . .
Comments on Updating the Merger Guidelines
Of course, the Merger Guidelines need to be updated. Except for efficiencies, they haven’t been updated in 17 years. Lawyers and economists with a regular . . .
Dynamic Competition in Antitrust Law
The Horizontal Merger Guidelines are the intellectual cornerstone of modern antitrust law, yet they contain little discussion of innovation or dynamic competition. Although the Merger . . .
Do the Merger Guidelines Need Revision?
The merger guidelines should be revised, not only to provide clearer guidance, but because the current version makes it harder for the agencies to win . . .
Andrew Gavil on Revising the Merger Guidelines
1. Do the Merger Guidelines Need Revision? Yes. Conceptually, the current Guidelines incorporate multiple strands of intellectual and legal history with respect to merger analysis . . .
Learning to Love Insider Trading
Today’s Wall Street Journal includes a terrific article explaining why insider trading should be deregulated. Following up on last week’s high-profile insider trading charges, George . . .