Found 4 article(s) for author 'anti-trust'

The Politics of M&A Antitrust

The Politics of M&A Antitrust. Suraj Srinivasan, November 5, 2019, Paper, “Antitrust regulators play a critical role in protecting market competition. We examine whether the political process affects antitrust reviews of merger transactions. We find that acquirers and targets located in the political districts of powerful U.S. congressional members who serve on committees with antitrust regulatory oversight receive relatively favorable antitrust review outcomes. To establish causality, we use plausibly exogenous shocks to firm‐politician links and a falsification test. Additional findings suggest congressional members’ incentives to influence antitrust reviews are affected by three channels: special interests, voter and constituent interests, and ideology. In aggregate, our findings suggest that the political process adversely interferes with the ability of antitrust regulators to provide independent recommendations about anti‐competitive mergers.Link

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The Case For Breaking Up Big Tech

The Case For Breaking Up Big Tech. Nancy Koehn, May 15, 2015, Audio, “Calls to break up big tech companies like Facebook and Amazon are getting louder. After Sen. Elizabeth Warren called for Facebook, Google and Amazon to be designated as “platform utilities” and broken apart from their own services that compete on those platforms in March, other Democratic candidates for president have ratcheted up their own rhetoric on the issue. Facebook co-founder Chris Hughes himself has called the social network a monopoly that should be forced to shed Instagram and Whatsapp, two major recent acquisitions. Harvard Business School historian Nancy Koehn joined the conversation on Boston Public Radio Wednesday, delving into the history of antitrust law in America, and ultimately agreeing with those calling for breaking up big tech.Link

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Unlocking digital competition, Report of the Digital Competition Expert Panel

Unlocking digital competition, Report of the Digital Competition Expert Panel. Jason Furman, March 2019, Paper, “This is the final report of the Digital Competition Expert Panel. Appointed by the Chancellor in 2018, and chaired by former Chief Economist to President Obama, Professor Jason Furman, the Panel makes recommendations for changes to the UK’s competition framework that are needed to face the economic challenges posed by digital markets, in the UK and internationally. Their report recommends updating the rules governing merger and antitrust enforcement, as well as proposing a bold set of pro-competition measures to open up digital markets.Link

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Rarely Utilized – The Georgia Business Trust Code

Rarely Utilized – The Georgia Business Trust Code. James Robinson, 2008, Paper. “This group of statutory provisions-let us call it the” Georgia business trust code,” for want of a better title-has been carried over from revision to revision of the Trust Act. Indeed, the proposed draft of the revamped Trust Act (now called the Georgia Trust Code) currently in …Link

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