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The antitrust laws, as they are presently interpreted, are incapable of blocking most of the very largest corporate mergers. They successfully blocked only three of the seventy-eight largest finalized mergers and acquisitions (defined as the acquired firm being valued at more than $10 billion)...
Persistent link: https://www.econbiz.de/10013250957
The antitrust laws successfully blocked only three of the seventy-eight largest finalized mergers and acquisitions (defined as the acquired firm being valued at more than $10 billion) that occurred between 2015 and 2019. The antitrust laws also would permit the first trillion-dollar corporation,...
Persistent link: https://www.econbiz.de/10013221382
Today the largest U.S. company in terms of market capitalization, Apple, which recently hit the $1 trillion mark, could lawfully merge with the second largest company, Amazon (which has ~$800 billion in market capitalization) and also with other incredibly large firms (e.g., Exxon/Mobil and JP...
Persistent link: https://www.econbiz.de/10012895605
Advocates of vigorous antitrust enforcement should not fear the rise of textualism. The Sherman Act, Clayton Act and FTC Act were all enacted as a result of the progressive movement. These laws were written in large part to protect the interests of consumers against possible exploitation by...
Persistent link: https://www.econbiz.de/10014347523
Privacy and antitrust? Isn't antitrust only supposed to be concerned with price? Well, no. Antitrust is actually about consumer choice, and price is only one type of choice. The ultimate purpose of the antitrust laws is to help ensure that the free market will bring to consumers everything they...
Persistent link: https://www.econbiz.de/10012755197