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Gregory Leonard, Parker Normann, Mar 13, 2014
Because merger cases get litigated to judgment only every so often, when such a case comes along, it is useful to take stock. We reflect on issues of interest to us as economists that are raised by the recent ruling in the United States Department of Justice’s challenge of the Bazaarvoice acquisition of PowerReviews.
Many economists see little utility in market definition, partic
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