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Devesh Raval

Devesh is the Deputy Director leading the FTC's consumer protection, research, and policy missions within the Bureau of Economics. His research concerns industrial organization, with a focus in production technology, competition, and consumer protection. Since finishing his PhD at the University of Chicago, he has published in several journals, including Econometrica, the Review of Economic Studies, Marketing Science, the RAND Journal of Economics, and the Review of Economics and Statistics, and has received a patent for his work on econometrics. From 2021 to 2022, he was the Victor H. Kramer Foundation Fellow at Harvard Law School.
Antitrust and Competition

How Well Do Divestiture Remedies Work for Supermarket Mergers?

Xiao Dong
In new research, Xiao Dong, Paul Koh, Devesh Raval, Dominic Smith, and Brett Wendling evaluate how well divestiture remedies work for mergers in the supermarket industry. They find that past supermarket divestitures lead to lower employment, reduced sales, and higher rates of exit from the market relative to comparable non-divested supermarkets.  

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The publication of the Stigler Center at The University of Chicago Booth School of Business

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