Peter Boberg, with lawyers from WilmerHale, published an article in Law360 on the use of the capacity closure model to analyze whether a merged firm will have the incentive and ability to close production facilities to raise prices. Used in the review of the Temple-Inland acquisition, the DOJ has applied the capacity closure model to other paper product markets and industries, including most recently the Ardent Mills wheat-milling joint venture among ConAgra, Cargill and CHS. 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...