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“Efficiency” is not enough

For the past 30 years or so, it has been a somewhat open secret that the road to an FTC-approved merger is paved with promises of efficiencies. Indeed, it has often seemed that no objection could withstand the power of an efficiencies argument – no matter how optimistic or speculative – as long as the argument was at least plausible. But times are changing. Bold forecasts about efficiencies flowing from mergers are no longer being accepted by the commission at face value. Instead, it is increasingly the case that they must be substantiated by hard data and not just the promises of hard-charging corporate executives.

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State AG offices show up in force at GMU privacy forum

The Law and Economics Center at George Mason drew a noticeably outside-the-Beltway crowd to its May 14 conference on “The Future of Privacy and Data Security Regulation.”

DOJ settles with eBay over worker poaching pact

No-poaching deals are a no-go.

Commissioner Wright taking hard line in dissents

It hasn’t taken long for FTC Commissioner Joshua Wright to make an impression.

DOJ, American Express prepare for trial

The Justice Department won Round One in its case against American Express Company when Judge Nicholas G. Garaufis of the U.S. District Court for the Eastern District of New York recently denied the...

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Editor’s Note: With the FTC approaching its 100th-year anniversary, FTC:WATCH today inaugurates a series of articles highlighting the history of antitrust enforcement in America.

Neil Averitt commentary: Incorporating social values into antitrust

If there is a reliable laugh line in antitrust, it is to refer to the social and political goals of enforcement actions. That is sure to draw a snicker and a roll of the eyeballs. The modern...

Book review

People: Gina Talamona