Aaron Edlin and Carl Shapiro, along with Scott Hemphill and Herbert Hovenkamp, published an article entitled “Actavis and Error Costs: A Reply to Critics,” which appeared in the October 2014 issue of The Antitrust Source. In the article, the authors defend their previously published analysis of the Actavis decision and argue that their proposed framework is supported by both the Supreme Court’s decision and economic theory. To read the article, click the link below.
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...