In this article, written by Jerry Hausman, Serge Moresi, and Mark Rainey, the authors derive the formula for the unilateral price effects of mergers of two products with linear demand in the general asymmetric situation.
Antitrust implications of the build vs. buy playbook in the AI era
The rapid growth of artificial intelligence (AI) makes the build-versus-buy question particularly important. AI markets are evolving quickly, and firms must...
