Liad Wagman

Liad Wagman is the John and Mae Calamos Dean Endowed Chair and professor of economics at Illinois Tech's Stuart School of Business. Wagman is an academic affiliate at the International Center for Law and Economics and was senior economic and technology advisor of the Federal Trade Commission’s Office of Policy Planning, competition fellow at the Data Catalyst Institute, and a visiting professor at Northwestern University’s Kellogg School of Management. He has visited as a scholar or research fellow at Duke University and Stanford University. He is a recipient of the Program for Advanced Study in the Social Sciences Fellowship, a recipient of the Education and Research Initiative Award, a recipient of the Institute of Industrial and Systems Engineers Best Paper Award, and a recipient of the International Conference on Artificial Intelligence Outstanding Paper Award. Wagman received his Ph.D. and M.A. in economics from Duke University and his M.S. in computer science from Stanford University.

The Draft Merger Guidelines Risk Reducing Innovation

The draft Merger Guidelines seek to reduce mergers and acquisitions, especially those that remove potential entrants. However, precluding acquisitions in those settings ignores both what incentivizes startups and investors to take initial risks, as well as the advantages that large incumbents have to parlay acquisitions into further innovation and an array of widely commercialized consumer products. The overall effect may dampen innovation, write Ginger Zhe Jin, Mario Leccese, and Liad Wagman.

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