2023 Merger Guidelines
Dennis Carlton: Have the Draft Guidelines Demoted Economics?
Dennis Carlton provides his round-one comments on the draft Merger Guidelines.
Randy Picker: Understanding Firm Entry and the Internal Growth Presumption in the Draft Merger Guidelines
Randy Picker provides his round-one comments on the draft Merger Guidelines.
Steven Salop and Jennifer Sturiale: Vertical Merger Enforcement in the Draft Merger Guidelines
Steven Salop and Jennifer Sturiale provide their round-one comments on the draft Merger Guidelines.
Herbert Hovenkamp: Competitive Harm and the 2023 Draft Merger Guidelines
Herbert Hovenkamp provides his round-one comments on the draft Merger Guidelines.
Announcing the ProMarket Merger Guidelines Symposium
In two rounds, 12 antitrust experts will provide their comments on the draft Merger Guidelines and respond to each other's comments.
On July 19, the...
The Revised US Merger Guidelines Adopt the Future Markets Model
Since 1993 the American enforcers have claimed that they can directly protect firms’ competition to innovate. And the European Commission, which at first acknowledged that it protected competition in Future Markets, markets for products which do not exist yet, later claimed that it too can directly protect firms’ competition to innovate. In their new Revised Merger Guidelines the American enforcers now not only acknowledge that they protect competition in Future Markets, but say that they will do so aggressively. And since the Americans acknowledge that they protect competition in Future Markets the Europeans should do so as well—again.
Eric Posner: The Revised Merger Guidelines Will Restore Principle of Competition to Merger Review
Eric Posner provides his thoughts on the draft Merger Guidelines.
