In this article, Michael Salinger shows how a dominant firm that faces competition for part but not all of its market can maintain prices above competitive levels by offering cliff discounts with a threshold that allocates some market share to its competitors. To read more, click the link below.
Merger enforcement policies of the second Trump Administration: Early developments and priorities
In the article published by the American Bar Association (ABA), “Merger Enforcement Policies of the Second Trump Administration: Early Developments and...