Trelysa Long

Policymakers should not follow neo-Brandeisian calls to break up large companies because such actions will only hurt the economy and small firms

Monopoly power is not the main explanation for changes in workers’ earnings after a merger or acquisition, and including labor monopsony power in the updated Merger Guidelines will not only disincentivize greater consolidation but will also harm consumers. The FTC and DOJ should ignore the guideline on labor monopsony when reviewing mergers.

A report by the Economic Innovation Group (EIG) concludes that declining knowledge diffusion is the underlying cause of declining business dynamism. However, its theoretical model is based on flawed assumptions, while its mathematical model has methodological issues.

A recent paper found that the average innovative target firm received a takeover premium and cumulative abnormal stock returns that were 4.2 and 5.6 percentage points, respectively, higher than their non-innovative counterparts.

The proposed revival of the Robinson-Patman Act will not only have consequences for consumers but also for the small businesses they are trying to protect.

Congress should pass the Tax Relief for American Families and Workers Act to restore full R&D expensing to drive U.S productivity, growth, and global competitiveness.

A recent article contends that an increase in concentration in the last two decades is amplifying price increases. But ITIF has found that corporate concentration has not increased, nor have price markups increased.

It’s easy to take for granted the economic and societal value we derive from digital services. But make no mistake: If they disappeared, it would cost us a pretty penny.

Exports account for a substantial share of advanced-technology industries’ sales, making them critical for funding the innovation and development of advanced firms’ next generations of products and services, which is key to U.S. growth and competitiveness.

The FTC alleges that the company hurts consumers with its pricing practices and sellers with its logistics program, Fulfillment by Amazon, while maintaining monopoly power. How Amazon answers the FTC’s allegations will be key to the next phase of U.S. antitrust law and enforcement.

R&D-intensive companies are key to national growth and competitiveness. Canada lags far behind the United States and the rest of the world in R&D-intensive firms. The Canadian government should consider reforming and expanding its SR&ED tax incentive.

Completing a second expansion of the Information Technology Agreement (an “ITA-3”) could bring more than 400 unique ICT products under the ITA’s tariff-eliminating framework, which would add more than $750 billion to the global economy over 10 years.