Nicolas Petit @competitionprof.bsky.social · 25/04/2025Now, back to antitrust: if the FTC or US DOJ is given discretion to unwind deals years later using antitrust law, merger approval becomes un-credible. Cleared no longer means cleared 6/n 100
Nicolas Petit @competitionprof.bsky.social · 25/04/2025What is the unintended consequence you may ask? It takes thinking to see one, but it's fairly clear. In digital, there is a high rate of new firm creation and entry. Hence, there’s a vibrant market for corporate control, where firms compete for acquisition of the best assets 7/n 100
Nicolas Petit @competitionprof.bsky.social · 25/04/2025If the FTC and US DOJ use discretion to renege on the rule-based policy of non reversals of approved mergers, then the risk is that competitors of acquirers that did not manage to seize good assets use section 2 and the antitrust enforcers as an appeals process 8/n 100
