, and innovation. He describes examples of merger enforcement by US and European antitrust agencies; examines cases brought … economic incentives for innovation. Competition policy and antitrust enforcement have traditionally focused on prices rather … than innovation. Economic theory shows the ways that price competition benefits consumers; and courts, antitrust agencies …

affects antitrust reviews of merger transactions. We find that acquirers and targets located in the political districts of …Antitrust regulators play a critical role in protecting market competition. We examine whether the political process … powerful U.S. congressional members who serve on committees with antitrust regulatory oversight receive relatively favorable …