In this Law360 article, Steven Tenn considers how the FTC undertook its recent remedy study, and compares it to an alternative approach that is widely employed in the economics literature. The article concludes that the two approaches are complementary, with both expanding our understanding of the real-world performance of merger remedies. To read the article, click the link below.
How capacity constraints shape unilateral price effects in horizontal mergers
Examples include hospitals with a fixed number of beds, and hotels with a fixed number of rooms. In the article “Unilateral Price Effects in Horizontal...