In the December 2014 issue of The Antitrust Source, John Woodbury comments on a working paper co-authored by two CRA economists, José Azar and Isabel Tecu (as well as Martin Schmalz) that examines the effect institutional investors may have on softening competition downstream. To read the article, click the link below.
Trends in competition in the United States: what does the evidence show?
Has the United States economy become less competitive in recent decades? One might think so based on a body of research that has rapidly become influential for...