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.
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...