Macher, Jeffrey T.; Mayo, John W.; Sappington, David E. M. - 2021
Monday-morning assessments of antitrust merger trial outcomes are common. Critics of a court decision blocking a merger … Act’s prohibition of mergers whose effects “may be to substantially lessen competition, or tend to create a monopoly ….” Similarly, in the wake of an adjudicated merger that is allowed to proceed, critics may argue that the judiciary has become too …