On April 17th, Alessandro Kadner-Graziano delivered a presentation at the Competition & Markets Authority (CMA) in London. Invited to showcase his work, he introduced two innovative merger tools he developed, engaging in discussions with economists involved in research and casework at the CMA. His research, encapsulated in the papers titled “Mergers of Complements: On the Absence of Consumer Benefits” and “Vertical Mergers without Foreclosure”, provides practical tools for antitrust authorities.
The politician and the judge: Implications for competition policy
Drawing on the historical evolution of antitrust policy, the authors argue that some increase in politicisation is likely an inevitable result of the expansion...