I've been putting this off, but I have so many things to say to the antitrust and microeconomic theory and policy communities that have a common theme, it's time to bring the thoughts together in an organized way. Here we go!
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See AllThis paper and associated slide deck present a limited critical review of the 2023 Merger Guidelines based on economic reasoning and...
Abstract Policy authorities are pushing non-equilibrium arguments (“untethered vertical math,” or “UVM”) to challenge vertical mergers....
What is double marginalization? The answer is technical, but the technical discussion is long overdue. Tying, Bundling, and the...
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