A Summary of Comments on the 2023 Draft Merger Guidelines
The authors review comments on the DMGs that relate to economic analysis of merger review.
Q&A with Joanna Tsai
WWL interviewed Joanna Tsai of Cornerstone Research about working at the FTC, the evolution of merger analysis, and her advice for aspiring competition economists.
Cross-Market Implications in FTC’s Anesthesia Complaint
The authors discuss how precedents from this case could potentially provide a framework under which the FTC will challenge mergers.
Antitrust Economics at a Time of Upheaval: Recent Competition Policy Cases on Two Continents
Cornerstone Research professionals and affiliated expert contributed chapters on recent mergers.
If You Build It, They Will Come: Building an Efficiencies Case
This article provides an overview of the opinion in United States v. Bertelsmann SE & Co. KGaA et al., and insights stemming from Judge Pan’s decision to exclude the merger…
Selected Research and Writings of Aviv Nevo
The authors discuss Aviv Nevo’s research on contemporary merger review, as well as his writings on antitrust policy and regulation.
Public’s M&A Comments Hold Clues for Agency Guidelines
The authors identify key areas of interest in comments that members of the public submitted to the FTC and DOJ.
Evolving Antitrust Analysis of Hospital Mergers
The authors discuss how differences between patient and insurer perspectives could create "cross-market" effects.
Intersection of Intellectual Property and Competition Policy in Recent Cases
The authors discuss high-profile cases in the EU and US that concern IP rights and competition policy.
Economic Issues in Merger Analysis for Platforms
The authors use recent enforcement examples to discuss market definition, theory of harm, and efficiencies in merger cases involving platforms.
Evaluating Innovation Theories of Harm in Merger Review: Economic Frameworks and Difficulties
The authors discuss recent life science cases that deal with innovation theories of harm, and what economic models can be useful in reviewing proposed mergers in this space.
The Future of Economics in Merger Trials: Rumors of Its Demise Are Greatly Exaggerated
The authors discuss the role of economics in recent merger trials and analyze what makes economic testimony compelling within the current legal framework.
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