The War Against Affordable Books
Last week Josh discussed the American Booksellers’ Association’s effort to get the Justice Department to pursue antitrust charges against Walmart, Target, and Amazon for engaging . . .
The War Against Affordable Books
Is Apple Dumb?
The Economist seems to think so, relying on evidence from this new paper by Joel Waldfogel and Ben Shiller. Waldfogel and Shiller find that, relative . . .
Merger Guidelines Symposium Conclusion
Thanks to all of our participants in the Merger Guidelines Symposium. We hope many of you, as well as our readers, will look back over . . .
Fix the Supply Side
Do the Merger Guidelines need revision? No. Thanks for having me. OK. Yes–and market definition/market shares, and in particular the effective incorporation of supply-side effects, . . .
“Standardizing” the Horizontal Merger Guidelines
I’m confident that my esteemed colleagues, who have far more expertise about the merger guidelines than I, will offer all sorts of terrific ideas for . . .
Let Sleeping Dogs…
I feel no great urgency to revise the Guidelines. True enough, they’re more of an analytical thought experiment than an accurate description of how merger review . . .
Herbert Hovenkamp on Revising the Merger Guidelines
Yes, the Merger Guidelines should be revised; in particular: a. The discussion of concentration thresholds for collusion facilitating mergers must be aligned more closely with . . .
Small Changes
Chairman Leibowitz in his Fordham speech last month stated “From my perspective, the current Guidelines do not explain clearly enough to businesses how the agencies . . .
Revisions to the Merger Guidelines: Above All, Do No Harm
My sense is that there is no need to revise the DOJ/FTC Horizontal Merger Guidelines, with one exception. As Greg Werden points out, “a thorough revision . . .