International Tax and Public Finance has published a paper by Riemer Faber and Pierre Koning in which they develop a methodology to estimate the indirect costs of spending a conditional block grant. They estimate that Dutch municipalities have to add about 90 cents from their own resources to spend 1 euro of a grant for welfare-to-work programs. To read more, click here.
Comments on the effect of algorithms and artificial intelligence on the likelihood of coordinated effects as described in Guideline 3 of the draft Merger Guidelines
In this note, we discuss how the Antitrust Division of the Department of Justice and the Federal Trade Commission (collectively, the Agencies) view the effect...