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Roundtable with Steve Cernak

The roundtable focuses on a retrospective analysis of the Allison(GM)/ZF transaction, 1993. The Allison transaction illustrates the question of competitive pressure from outside the market that merger guidelines require to define. In the transaction, the DoJ defined a narrow market following standard static tools like the SSNIP…

Roundtable with Doug Melamed

online

The roundtable focused on Prof Doug Melamed’s recent paper titled “Mergers involving nascent competitors”. The paper advances a framework for a narrow prohibition of such mergers, based on Section 2 of the Sherman Act. More broadly, the aim with the roundtable was to offer a…

Roundtable with Neil Chilson

online

In his book, Neil Chilson makes the case that the best response to complexity is an emergent mindset that seeks opportunities to “get out of control.” This mindset requires people to embrace their autonomy as individuals and admit limitations as part of something larger.The emergent…

Roundtable with Carmelo Cennamo

online

The Roundtable will explore M&As in Platform Markets: Understanding the Dynamic Relation between Corporate Activities and Market Activities.Abstract: This paper analyzes the impact of corporate activities such as M&As and CVC Investments on market activities (such as new firm entry and exit, new investment, etc.),…

Dynamic Competition Initiative

  • The DCI is a multi-sided academic platform on competition, industrial policy and innovation.
  • It benefits from intellectual inputs from scholars; practical feedback from policymakers, practitioners, and industry participants; and financial support from public and private organizations or individuals.
  • Donations to the DCI are unrestricted.
  • Cases of alignment of views between the DCI, its affiliated scholars and donors involve correlation, not causation.
  • Membership of the DCI is benevolent. No scholar of the DCI has or will receive compensation for their affiliation to, or scholarship associated with, the DCI.
  • The DCI takes only interest in ideas, not funding. Whoever funds its scholars is of no interest to the DCI.