Lynne Kiesling This week we have many introspective analyses of the consequences of an evil act perpetrated 10 years ago. Those consequences are a mix of good and bad, ranging from no successful coordinated attacks in the U.S. to foreign wars with gruesome human and financial costs. The consequences in which I am most interested, …
Michael Giberson George Priest, professor of economics and law at Yale, clearly outlines the main errors of the Obama administration’s decision to oppose the AT&T/T-Mobile merger and cites relevant evidence backing the view: It is very difficult at an abstract level to know what the effects of a merger or acquisition will be on competition …
Another Good Response to the Obama Administration’s Mistaken Antitrust Policy Read More »
Lynne Kiesling As an addendum to my earlier post on the DOJ’s challenge of the AT&T/T-Mobile merger, Peter Suderman at Reason has an informative post (with good links@) making essentially the same point as mine. The more the merrier!
Lynne Kiesling Seriously, this is why I love Joseph Schumpeter — from The Theory of Economic Development, p. 64, fn 1: “… what we are about to consider is that kind of change arising from within the system which so displaces its equilibrium point that the new one cannot be reached from the old one …
Lynne Kiesling Yesterday’s announcement that the US DOJ would challenge the merger of AT&T’s wireless business with T-Mobile’s was surprising, and their approach to the merger seems to be more conventional and rooted in old HHI-market share and price effect metrics. Their analysis suggests that due to the substantial overlap in the existing separate AT&T …
Quality, Broadband, and Spectrum: What the Doj’s At&t/T-Mobile Lawsuit Misses Read More »
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