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In October 2022, Kroger and Albertsons announced their intent to merge the two companies in a deal valued at $24.6 billion. The combined company would be the third largest food and grocery retailer, behind Walmart and Amazon. Based on the Federal Trade Commission’s recently release draft...
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A growing number of policymakers and scholars are calling for tougher rules to curb corporate acquisitions. But these appeals are premature. There is currently little evidence to suggest that mergers systematically harm consumer welfare. More importantly, scholars fail to identify alternative...
Persistent link: https://www.econbiz.de/10013216624
ICLE's comments argue that the petitions to deny fail to provide any compelling reason to adopt a presumption against this merger. To the contrary, there are good reasons to think that this transaction will benefit consumers and the economy.As ICLE scholars discuss in these comments, increased...
Persistent link: https://www.econbiz.de/10012870945
The Federal Trade Commission and U.S. Justice Department’s request for information on whether and how to update the antitrust agencies’ merger-enforcement guidelines is based on several faulty premises and appears to presuppose a preferred outcome: stronger (rather than optimal) merger...
Persistent link: https://www.econbiz.de/10013291322
While the Comcast/TWC merger is significant in size, it doesn’t give rise to any plausible theory of anticompetitive harm under modern antitrust analysis. Comcast and TWC don’t compete directly for subscribers in any relevant market; in terms of concentration and horizontal effects, the...
Persistent link: https://www.econbiz.de/10014146515
This comment is submitted by the Global Antitrust Institute (GAI) at Scalia Law School at George Mason University to the U.S. Federal Trade Commission regarding its Hearings on Competition and Consumer Protection in the 21st Century. The GAI Competition Advocacy Program discusses vertical...
Persistent link: https://www.econbiz.de/10012911571
The Global Antitrust Institute (“GAI”) respectfully submits this Comment to the U.S. Department of Justice (“DOJ”) and the Federal Trade Commission (“FTC”) in connection with their Request for Information on Merger Enforcement (“Merger RFI”). This comment addresses the questions...
Persistent link: https://www.econbiz.de/10013290950
The Global Antitrust Institute (“GAI”) respectfully submits this Comment to the U.S. Department of Justice (“DOJ”) and the Federal Trade Commission (“FTC”) in connection with their Request for Information on Merger Enforcement (“Merger RFI”). The GAI welcomes the opportunity to...
Persistent link: https://www.econbiz.de/10013291866