Why Companies Shouldn't Have To Prove Mergers Increase Competition
January 7, 2021 When my young kids want a treat, they usually ask me or their mother for permission. A negotiation ensues. Promises are made. Concessions are extracted. More often than not, after some delay and occasional tears, my kids will get their treat — but at a price. This arrangement (mostly) works for a family with young children, but our economy shouldn’t operate on this model. Federal agencies aren’t parents, and economic actors aren’t children who must seek prior permission for routine conduct. Beyond specific areas such as national security and health and safety, our econ...
Source: thefederalist.com