Evidence-Based Policy in Antitrust: The Need for Ongoing Merger Retrospectives

John Kwoka and Marc Jarsulic write that the time has come to update the nation's antitrust enforcement infrastructure.

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There is a renewed focus on the effectiveness of antitrust policy, specifically merger review. Growing concerns about the effects of increased concentration within industry sectors and additional indicators of declining competition are prompting leaders to question the efficacy of current antitrust enforcement practices.

While many ideas for antitrust reform have been floated by academics and policymakers, a less discussed but highly practical area for improvement would be to initiate a program for routine evaluation of the decisions and actions of each of the antitrust agencies.

The above excerpt was originally published in Pro-Market. Click here to view the full article.

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