Isabel Tecu of CRA’s Antitrust & Competition Practice and Skadden, Arps, Slate, Meagher & Flom LLP’s Ken Schwartz and Michael Singer have won Best Business Article (General Economics) for the Concurrences’ 2024 Antitrust Writing Awards.
In this article titled Private Equity and Competition—Comparing U.S. Agency Views to Recent Policy and Empirical Evidence, the authors summarize recent statements by FTC and DOJ leadership that suggest that private equity investment is harmful to competition and show that these statements conflict with previous agency policy and leadership opinion. It highlights empirical economic evidence suggesting that a blanket negative view of private equity in the competition context is misplaced.