Dan O'BrienJun 101 minThe 2023 Merger Guidelines: A Giant Leap in the Wrong DirectionThis paper and associated slide deck present a limited critical review of the 2023 Merger Guidelines based on economic reasoning and...
Dan O'BrienFeb 141 minLessons from Foreclosure Parables: The Need to Tether Vertical Merger AnalysisAbstract Policy authorities are pushing non-equilibrium arguments (“untethered vertical math,” or “UVM”) to challenge vertical mergers....
Dan O'BrienJul 31, 20231 minTying, Bundling, and the Microfoundations of Double MarginalizationWhat is double marginalization? The answer is technical, but the technical discussion is long overdue. Tying, Bundling, and the...
