Evidence-Based Policy in Antitrust: The Need for Ongoing Merger Retrospectives
There is a renewed focus on the effectiveness of antitrust policy, specifically merger review. Growing concerns about the effects of increased concentration within industry sectors and additional indicators of declining competition are prompting leaders to question the efficacy of current antitrust enforcement practices.
While many ideas for antitrust reform have been floated by academics and policymakers, a less discussed but highly practical area for improvement would be to initiate a program for routine evaluation of the decisions and actions of each of the antitrust agencies.
The above excerpt was originally published in Pro-Market. Click here to view the full article.
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Senior Fellow; Chief Economist