CRA Insights

Kabuki dances or Rube Goldberg machines? Vertical analyses of media mergers

August 1, 2018

In an article by Dr Cristina Caffarra, Professor Gregory S Crawford, and Dr Helen Weeds  published by the CPI Antitrust Chronicle, the authors summarize key considerations in recent vertical media mergers in the U.S. and EU and show how AT&T/TW deviated from these in important ways: in failing to consider that the integrated entity might foreclose over-the-top video providers in its role as ISP, in its ready grant of efficiency claims, and in its evisceration of the use of bargaining models in vertical merger analysis.