Coordinated Effects and the Half-Truth of the Lax Enforcement Narrative

Antitrust Chronicle | CPI Antitrust Chronicle® July 2023

U Iowa Legal Studies Research Paper No. 2023-27

USC CLASS Research Paper No. 24-2

10 Pages Posted: 29 Aug 2023 Last revised: 19 Jan 2024

See all articles by D. Daniel Sokol

D. Daniel Sokol

USC Gould School of Law; USC Marshall School of Business

Sean Sullivan

University of Iowa College of Law

Date Written: July 1, 2023

Abstract

A debate is brewing between antitrust critics who claim that merger enforcement has been weak and fading since the 1980s and establishment defenders who respond that merger enforcement has stood firm and even toughened since the Chicago revolution. Could the truth be somewhere in between? Available data reject the broad assertion that overall merger enforcement has declined in recent decades, but support the narrower assertion that coordinated effects enforcement has declined. We consider what this half-truth of the lax enforcement narrative might mean for antitrust reform opportunities.

Keywords: coordinated effects, coordination, lax enforcement, merger enforcement

JEL Classification: K21

Suggested Citation

Sokol, D. Daniel and Sullivan, Sean, Coordinated Effects and the Half-Truth of the Lax Enforcement Narrative (July 1, 2023). Antitrust Chronicle | CPI Antitrust Chronicle® July 2023, U Iowa Legal Studies Research Paper No. 2023-27, USC CLASS Research Paper No. 24-2, Available at SSRN: https://ssrn.com/abstract=4537832

D. Daniel Sokol

USC Gould School of Law ( email )

699 Exposition Boulevard
Los Angeles, CA 90089
United States

USC Marshall School of Business ( email )

701 Exposition Blvd
Los Angeles, CA California 90089
United States

Sean Sullivan (Contact Author)

University of Iowa College of Law ( email )

Melrose and Byington
Iowa City, IA 52242
United States

HOME PAGE: http://sean-p-sullivan.com

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
77
Abstract Views
306
Rank
579,468
PlumX Metrics