Sean May is a panelist on the session entitled, “Cutting Edge Economics for Future Merger Cases.” The FTC has succeeded in persuading judges that under a twostage competition model, relevant geographic markets in provider merger cases should be narrow. Is this right? Does that model overlook economic realities? And is the notion that a merger between providers in non-overlapping product or geographic markets might still be anticompetitive ready for prime time? This panel will explore these and other issues at the boundaries of current economic thinking.
For more information on this event, click here.
Assessing umbrella pricing incentives
When collusive agreements involve a subset of firms in an industry, they may create the incentive and ability for firms that are not participants in the cartel...