Peter Boberg and Andrew Dick, with lawyers from Simpson, Thacher & Bartlett, published an article in GCR/USA on the Office Depot/OfficeMax merger. The authors explain why the FTC let the deal through after blocking a nearly identical deal 15 years ago and show just how much the competitive landscape for retail mergers has changed since that decision. To read the article, click the link below.
Merger simulation in second-score auctions: A nested logit model
In a recent Economics Letters article, CRA’s Martino De Stefano and Serge Moresi show how to improve the second-score auction model that is often used to...