Antitrust Chronicle® – Private Equity Roll-Up Schemes

Dear Readers,

Private equity firms famously use so-called roll-up mergers to rationalize competition in crowded and/or fragmented markets; and to combine companies with complementary capabilities into a full-service business. For example, an oil exploration enterprise could be combined with a drilling company and/or a refiner, creating a vertically integrated firm. For perhaps obvious reasons, such practices raise, at least antitrust scrutiny. The articles in the present volume explore these debat