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These recommendations and comments respond to the request by the Federal Trade Commission and the Department of Justice’s Antitrust Division for public comment on the draft 2020 Vertical Merger Guidelines. We commend the agencies for updating the 1984 non-horizontal merger guidelines by...
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This chapter discusses alternative approaches to measure the effects of economic regulation and reviews the empirical literature employing these approaches. Economic regulation refers to both the direct legislation and administrative regulation of prices and entry into specific industries or...
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We offer recommendations for how the Department of Justice and the Federal Trade Commission can update the Horizontal Merger Guidelines ("HMGs") to strengthen merger enforcement. We focus our recommendations on three main areas. First, we suggest several ways that the HMGs can strengthen the...
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