In the Summer 2017 edition of the Transportation and Energy Industries Committee’s Newsletter, the authors examine two economic tools, the modified HHI and the modified GUPPI, that may be useful in the antitrust analysis of partial acquisitions and joint ventures. The authors motivate the economic principles underlying these two tools and discuss how the economists at the agencies may use these tools in their antitrust analysis of partial acquisitions and joint ventures. To read the article, click the link below.
Trends in competition in the United States: what does the evidence show?
Has the United States economy become less competitive in recent decades? One might think so based on a body of research that has rapidly become influential for...