Steven Salop

Steven Salop is a Professor of Economics and Law at the Georgetown University Law Center in Washington, DC, where he teaches antitrust law and economics. His research and consulting focuses on antitrust, competition, and regulation. He has written numerous articles in various areas of antitrust and competition which take a modern “Post-Chicago” approach. These include a number of articles with various co-authors on the competitive effects of vertical mergers. Professor Salop has also written economics and law articles focused on various types of exclusionary conduct, monopolization, analysis of various aspects of horizontal mergers and joint ventures, facilitating practices, and role of decision theory in legal rulemaking. Professor Salop earned a BA degree at the University of Pennsylvania, Summa Cum Laude, and an M.Phil. and PhD in Economics from Yale University. Professor Salop has been honored with lifetime achievement awards from the AALS antitrust section and the American Antitrust Institute.

When Rhetoric Confronts Economic Reality: Unsupported Efficiency Claims and Unenforceable Promises Cannot Save the Book Publishers Deal

In trying to get their merger approved, Penguin and Simon & Schuster claimed massive, but unverified cost savings. They also have promised that their...

The FTC Should Quickly Issue New Section 5 Enforcement Guidelines

Unfair methods of competition are prohibited by Section 5 of the Federal Trade Commission (FTC) Act. The FTC has withdrawn the existing guidelines regarding...

Why Congress Should Pass the American Innovation and Choice Online Act

The bill, which is the Senate is expected to vote on soon, would improve competition, increase innovation, benefit consumers, and provide the US with...

The FTC Was Correct to Withdraw the Vertical Merger Guidelines

The 2020 Vertical Merger Guidelines, now withdrawn by the FTC, did not represent sound merger policy, argues Steven Salop; rather, they were overly defendant-friendly...

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