Economic Issues Relating to the Evanston Merger Remedy Order

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Monica Noether, May 27, 2008

Mergers can have both pro- and anticompetitive effects. They can allow firms to function more efficiently or to increase the quality and scope of their offerings, thereby benefiting consumers. Conversely, they may permit anticompetitive increases in price or reductions in quality that harm consumers. The optimal remedy preserves the benefits of the merger, while mitigating the harm. Unfortunately, it i