Review of Industrial Organization (2005) 27:195–196 © Springer 2005 DOI 10.1007/s11151-005-4357-3 LAWRENCE J. WHITE Stern School of Business, New York University, NY, USA This is the fourth year of a special feature of the Review of Industrial Organization: “Antitrust and Regulatory Update”. As was true of the three previous issues (which appeared in December 2002, September 2003, and December 2004, respectively), I asked the Chief Economists of the Anti- trust Division of the U.S. Department of Justice (DOJ), the Federal Trade Commission (FTC), and the Federal Communications Commission (FCC) to write essays that review the major antitrust/regularly/microeconomics issues that the economists at their agencies have dealt with over the past year. This year Ken Heyer at DOJ and Luke Froeb at the FTC agreed to write essays, in conjunction with co-authors at their agencies. The two essays cover a broad range of topics that are surely best appre- ciated in their original form on the following pages. Nevertheless, I will mention a few important themes. First, as has been true past years’ essays, merger analysis and merger review are important topics in both essays. In addition, both agencies litigated and lost merger challenges – Arch Coal for the FTC
Review of Industrial Organization – Springer Journals
Published: Jan 1, 2005
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