In the October 2015 issue of The Antitrust Source, John Woodbury comments on a provocative paper suggesting that shareholding by institutional investors has had a substantial and adverse impact on competition, the recovery from the Great Recession, and income inequality. He also comments on a report recently released by the US antitrust agencies on their FY 2014 enforcement activities. To read more, 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...