Missing the forest for the trees: A reply to Hovenkamp and Shapiro
Click here to read the full article onlineThe Federal Trade Commission’s now-abandoned 2020 Vertical Merger Guidelines were not some ideal economic document that the FTC foolishly disregarded; rather, they failed spectacularly and were properly retracted, Hal Singer and Marshall Steinbaum write in their response to Herbert Hovenkamp and Carl Shapiro.