Can COVID-19 Get Congress to Finally Strengthen U.S. Antitrust Law?
Robert H. Lande, Sandeep Vaheesan
Abstract
Open-access reader
Robert H. Lande, Sandeep Vaheesan
Abstract
Open-access reader
The COVID-19 pandemic could cause Congress to strengthen our merger laws. The authors of this short article strongly urge Congress to do this, but to do this in a manner that ignores 5 myths that underpin current merger policy:Myth 1: Mergers Eliminate Wasteful Redundancies and Produce More Efficient BusinessesMyth 2: Current Merger Enforcement Protects ConsumersMyth 3: Merger Remedies Preserve CompetitionMyth 4: The Current Merger Review System Offers Transparency and Guidance to Businesses and the PublicMyth 5: Corporations Need Mergers to Grow
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The COVID-19 pandemic could cause Congress to strengthen our merger laws. The authors of this short article strongly urge Congress to do this, but to do this in a manner that ignores 5 myths that underpin current merger policy:Myth 1: Mergers Eliminate Wasteful Redundancies and Produce More Efficient BusinessesMyth 2: Current Merger Enforcement Protects ConsumersMyth 3: Merger Remedies Preserve CompetitionMyth 4: The Current Merger Review System Offers Transparency and Guidance to Businesses and the PublicMyth 5: Corporations Need Mergers to Grow
Key concepts: Mythology, Transparency (behavior), Enforcement, Competition (biology), Coronavirus disease 2019 (COVID-19), Business, Political science, Law and economics