Study
Stop Making Sense: Reviving the Robinson-Patman Act and the Economics of Intermediate Price Discrimination
I. Introduction Early in the 20th century, a new model for retail sales arose: chain stores. One chain, the Great Atlantic & Pacific Tea Company (A&P), became America’s largest retailer during 40…
News Release
FTC should return to bipartisan consensus deemphasizing Robinson-Patman enforcement in competition policy
The Federal Trade Commission (FTC) under two consecutive administrations is reviving enforcement of a 1930s law that was dormant for decades after a bipartisan consensus…
Politico
Three names Biden is circling for Fed Vice Chair
ON BLAST — Former FTC Chair Timothy Muris and Bruce Kobayashi, who served as director of the commission’s bureau of economics during the Trump administration, are…
Study
Turning Back the Clock: Structural Presumptions in Merger Analyses and Revised Merger Guidelines
Introduction Since 1950, when Congress closed a loophole in Section 7 of the Clayton Act,[1] the federal antitrust agencies have investigated actively, and prosecuted diligently, mergers the government…
Barrons
A Key FTC Case Goes Down the Regulatory Rabbit Hole
As imagined in Lewis Carroll’s classic, having gone down the rabbit hole, a bewildered Alice learns from the Cheshire Cat that, if you don’t know…
News Release
Former FTC Policymakers Find FTC Complaint Against Illumina-GRAIL Merger Lacking in New CEI Paper
The Competitive Enterprise Institute (CEI) published a new paper today by former Federal Trade Commission (FTC) Chairman Timothy J. Muris and former director…