CSPAN Washington This Week March 22, 2014
Brings out is that there are facts that will be put before the agencies and the agencies will consider the effect on the relevant markets. Maybe this is more responsive. When you are doing antitrust, you look at what the efficiencies are and the benefits that come from the transaction and you balance those against competition. The benefits of the transaction goes to the scale. Then you balance that against the reduction of competition. That is kind of a highlevel way and try trust antitrust looks at the transaction. It is located at different points of the analysis. Thank you for that, rebecca...