Peter Boberg and Andrew Dick, with lawyers from Simpson, Thacher & Bartlett, published an article in GCR/USA on the Office Depot/OfficeMax merger. The authors explain why the FTC let the deal through after blocking a nearly identical deal 15 years ago and show just how much the competitive landscape for retail mergers has changed since that decision. To read the article, click the link below.
Assessing umbrella pricing incentives
When collusive agreements involve a subset of firms in an industry, they may create the incentive and ability for firms that are not participants in the cartel...