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The Most Important Guidelines You Didn’t Know About, With Susan Athey

Capitalisn't

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Updating the Merger Guidelines

This chapter discusses the decision of the Biden administration to update the merger guidelines, explaining the reasons behind it and the connection between economics and the law. It explores the interpretation of the Clayton Act, the concept of competition, and the challenges of bringing modern economics into old law. The chapter also delves into market definition, antitrust enforcement, and the complexities of evaluating competition in various industries.

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