trends, markup trends, and the effects of mergers does not actually show a widespread decline in competition. Nor does it … observed changes in many industries are likely to reflect competition in action. We highlight research that points to targeted … interventions that can enable antitrust enforcement policy to better promote and protect competition. Throughout the paper, we …

ability to deal with uncertainties. However, mergers may also discourage innovation by reducing competition, increasing costs …

competition, they may increase shareholder value through higher market share and stock-market value. We investigate merger impacts …

Consumers suffer from high drug prices, which stem in large part from pharmaceutical companies’ anticompetitive games …