On April 17th, Alessandro Kadner-Graziano delivered a presentation at the Competition & Markets Authority (CMA) in London. Invited to showcase his work, he introduced two innovative merger tools he developed, engaging in discussions with economists involved in research and casework at the CMA. His research, encapsulated in the papers titled “Mergers of Complements: On the Absence of Consumer Benefits” and “Vertical Mergers without Foreclosure,” provides practical tools for antitrust authorities.
The Role of Uncertainty in the Future European Horizontal Merger Guidelines: Lessons Learned From Illumina/GRAIL
Under these circumstances, it is however not entirely clear how the future competitive landscape will look like, merger effects cannot be modelled with a high...