
Strengthening Antitrust Enforcement by Modernizing Merger Guidelines
Efforts by the Federal Trade Commission and the U.S. Department of Justice to revise merger guidelines offer an opportunity to strengthen antitrust enforcement.
he/him
Marc Jarsulic is a senior fellow and the chief economist at American Progress. He has worked on economic policy matters as deputy staff director and chief economist at the Joint Economic Committee, as chief economist at the Senate Banking Committee, and as chief economist at Better Markets. He has practiced antitrust and securities law at the Federal Trade Commission, the Securities and Exchange Commission, and in private practice. Before coming to Washington, he was professor of economics at the University of Notre Dame.
He earned an economics Ph.D. at the University of Pennsylvania and a J.D. at the University of Michigan. His most recent book is Anatomy of a Financial Crisis.
Efforts by the Federal Trade Commission and the U.S. Department of Justice to revise merger guidelines offer an opportunity to strengthen antitrust enforcement.
If the federal government required corporations to disclose markers of monopoly power, it would facilitate routine discussion and analysis of competition issues.
The European Union’s innovative carbon border adjustment mechanism offers lessons for the United States about which industries to cover and whether to credit nontax emissions controls when limiting the carbon content of imports.
This fact sheet outlines policy changes to make U.S. manufacturing more globally competitive, provide higher wages, and reduce supply chain risk.
Policy change can make U.S. manufacturing more globally competitive, provide higher wages, and reduce supply chain risk.
Evidence suggests that large digital service platforms with market power deserve much closer antitrust scrutiny.
The Fed plan to extend trillions of dollars in credit to support the economy during the COVID-19 crisis is needed, but significant changes are required to make the program transparent, accountable, and equitable.
There is a strong economic case for maintaining our commitment to social distancing.
Conditions on bailouts are necessary to protect workers and the public.
The column recommends an immediate package at least the size of the Recovery Act in 2009—around $1 trillion in today’s dollars.