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Article

Expanding the Economic Analysis in Banking Merger Review

This article discusses potential lessons on the economic analysis of bank mergers from the economics literature and merger review in industries outside of financial institutions.

Article

Quantifying Competitive Price Effects in Healthcare Provider Mergers

This article reviews the different ways in which economists approach using changes in bargaining leverage to predict the effect of a a healthcare provider merger on prices.

Article

The Impact of Pharmaceutical M&A on Innovation

The authors examine existing academic literature on the impact of pharmaceutical mergers and acquisitions and identify remaining gaps.

Article

Procompetitive Effects of Mergers in the 2023 Merger Guidelines: What Counts and Where?

The authors provide an overview of the Agencies’ guidance for assessing procompetitive effects in merger evaluation, with a focus on changes in in the 2023 Merger Guidelines.

Article

Assessing the Potential for Incentives to Raise Prices in Multi-Sided Platform Mergers

The authors review the challenges of assessing anticompetitive pricing incentives in horizontal multi-sided platform mergers.

Article

2023 Merger Guidelines Addressing Potential Impacts on Workers

In this article from The Threshold, the authors recap an American Bar Association panel on theories of labor harm in mergers.

Article

Assessing Merger Guideline Feedback With Machine Learning

This article analyzes the results of large language model processing to reveal several important patterns in the comments to the draft merger guidelines.

Article

A Summary of Comments on the 2023 Draft Merger Guidelines

The authors review comments on the DMGs that relate to economic analysis of merger review.

Article

Q&A with Joanna Tsai

WWL interviewed Joanna Tsai of Cornerstone Research about working at the FTC, the evolution of merger analysis, and her advice for aspiring competition economists.

Article

Cross-Market Implications in FTC’s Anesthesia Complaint

The authors discuss how precedents from this case could potentially provide a framework under which the FTC will challenge mergers.

Article

Antitrust Economics at a Time of Upheaval: Recent Competition Policy Cases on Two Continents

Cornerstone Research professionals and affiliated expert contributed chapters on recent mergers.

Article

If You Build It, They Will Come: Building an Efficiencies Case

This article provides an overview of the opinion in United States v. Bertelsmann SE & Co. KGaA et al., and insights stemming from Judge Pan’s decision to exclude the merger…

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