Environmentally conscious critics of contemporary capitalism often highlight the system’s permissiveness toward egregious pollutant activities, typically enjoyed by the ultra-wealthy. Using private...
American carriers faced the post 9/11 demand shock, while the European intercontinental flag carriers were facing increased competition in the Middle East...
A small number of intercontinental carriers recaptured control of industry oversight in Washington and Brussels to convert the world’s most important markets...
Much of the conversation of the proposed Kroger-Albertsons merger has focused on the risks to consumers. However, the merger also poses serious implications for the grocers’ upstream suppliers, particularly smaller regional firms.
Due to a change in how the FDIC resolves failed banks, uninsured deposits have become de facto insured. Not only is this dangerous for risk in the banking system, it is not what Congress intends the FDIC to do, writes Michael Ohlrogge.
Steven C. Salop argues that Section 7 of the Clayton Act prohibits mergers in which the acquiring firm’s unilateral incentives and business strategy are likely to lessen market competition.
Former special assistant to the president for technology and competition policy Tim Wu responds to the November 27 letter signed by former chief economists at the Federal Trade Commission and Justice Department Antitrust Division calling for a separation of the legal and economic analysis in the draft Merger Guidelines.