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The 2023 Merger Guidelines: A Giant Leap in the Wrong Direction
This paper and associated slide deck present a limited critical review of the 2023 Merger Guidelines based on economic reasoning and...
Dan O'Brien
Jun 10, 20241 min read
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Lessons from Foreclosure Parables: The Need to Tether Vertical Merger Analysis
Abstract Policy authorities are pushing non-equilibrium arguments (“untethered vertical math,” or “UVM”) to challenge vertical mergers....
Dan O'Brien
Feb 14, 20241 min read
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Tying, Bundling, and the Microfoundations of Double Marginalization
What is double marginalization? The answer is technical, but the technical discussion is long overdue. Tying, Bundling, and the...
Dan O'Brien
Jul 31, 20231 min read
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