Jason Furman and Carl Shapiro write about the merger guidelines. On the thrust of the guideline as political rather than summarzing existing law they are very much in agreement with the Hurwicz and Manne piece that I summarized last week. Merger guidelines aren’t enforceable regulations. They have also never attempted to be a legal brief or […]

The post More on the Merger Guidelines appeared first on Marginal REVOLUTION.

  Related Stories* Scrap AMC/KYC Laws
  • The Merger Guidelines
  • The Economics of Export Bans