The New Vertical Merger Guidelines: Muddying the Waters
The new US Department of Justice and Federal Trade Commission Vertical Merger Guidelines focus on how vertical mergers are likely to affect static pricing...
Dr. Michael A. Salinger is the Jacqueline J. and Arthur S. Bahr Professor of Management and Professor of Economics at the Boston University School of Management. From 2005 to 2007, he was Director of the Bureau of Economics at the FTC.
He has consulted for private organizations and a variety of worldwide government agencies, including the EPA, the Federal Trade Commission, the Board of Governors of the Federal Reserve, and the Australian Competition and Consumer Commission. He has published articles on such issues as the structural determinants of market power, the statistical properties of firm growth, and the competitive effects of tying and vertical mergers and has served on the editorial boards of the Review of Industrial Organization and the Journal of Industrial Economics. Previously, he was a managing director in LECG’s Cambridge office.