Despite reforms undertaken by both the US Department of Justice and the Federal Trade Commission, complying with a Second Request in a merger review remains a costly and time-intensive process. The sheer volume and scope of data demanded can be staggering, but Matthew List discusses how this burden can be managed effectively by engaging with the legal and economics staff at the agencies. 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...