Thursday, November 2, 2023

Organizational Form and Enforcement Innovation

  Antitrust Law Journal, Volume 85, Issue 2, (Oct 30, 2023)

Luke Froeb, Bruce H. Kobayashi, and John M Yun

  • Antitrust agency economists are uniquely situated to develop, adapt, and disseminate new methodologies to improve enforcement accuracy because of the multiple and conflicting roles that they play.
  • When economists arrive at the agencies, they are often thrust into decision-making roles where they must render judgments on messy, real-world cases, often in conflict with agency attorneys, political appointees, or the economists and attorneys who appear on behalf of parties.
  • We examine how the relationship between academia and the agencies can encourage what has become known as “enforcement R&D,” i.e., the development and application of new methodologies for screening and evaluating competitive effects.

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