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Mario Leccese

Mario Leccese is a PhD candidate in economics at the University of Maryland, College Park. His research revolves around the relationship between market competition and corporate innovation. He is particularly interested in the role of financial intermediaries and entrant-incumbent relationships in shaping the development and market success of new technologies. Leccese's research projects have received financial support from the Washington Center for Equitable Growth, and his articles have been published in peer-reviewed journals within the fields of economics and management.
Antitrust and Competition

The Draft Merger Guidelines Risk Reducing Innovation

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

ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.