Please join Steptoe partner Jonathan Sallet and Professor Jonathan Baker on Wednesday, February 28, for a discussion of antitrust enforcement activity in the US and what could be in store as we move into 2018. Key issues to be discussed include enforcers’ new emphasis on vertical theories of harm when reviewing mergers; how two-sided markets should be assessed when defining product markets; and renewed questions about the nature and evidence of competitive harm that must be shown, particularly regarding prospective buyer power.
Recent mergers have prompted regulators and courts to consider how best to analyze the potential competitive effects arising from increased buyer power created by a merger. Agencies, judges, and antitrust commentators have taken different approaches to buyer power issues in this quickly-developing landscape. Steptoe partner Jonathan Sallet explores these perspectives in his article “Buyer Power in Recent Merger Reviews.” Sallet frames the discussion by highlighting tension between the analyses of recent mergers before the FTC and DOJ.
The article also raises key antitrust questions for companies that may potentially augment their buying power through combination: Continue Reading Jon Sallet Publishes “Buyer Power in Recent Merger Reviews”