Antitrust Chronicle® – Costs of Consolidation

Dear Readers,

Merger control has long been the battleground where competition law, economics, and consumer welfare collide. This issue of the Chronicle brings together perspectives on how we think about consolidation, remedies, and the long-term fate of markets.

Diana Moss cautions that U.S. merger enforcement, while reasonably effective at blocking harmful deals in the short run, is far less successful at insulating consumers from the cumulative costs of consolidation over time. Successi