Global Antitrust Institute
Hearing #1 On Competition and Consumer Protection in the 21st Century - Sept. 13-14 at Georgetown University Law Center
This Comment is submitted for consideration in relation to the Federal Trade Commissions (FTC) Hearings on Competition and Consumer Protection in the 21st Century. We submit this Comment based upon our extensive experience and expertise in antitrust law and economics. As an organization committed to promoting sound economic analysis as the foundation of antitrust enforcement and competition policy, the Global Antitrust Institute commends the FTC for holding these hearings and for inviting discussion concerning a range of important topics. In this Comment, we discuss the economic analysis of vertical mergers; the existing and updated empirical evidence on their competitive effects; and, ultimately, whether a revision to the 1984 Non-Horizontal Merger Guidelines is desirable as a matter of antitrust policy.