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Zillow–Redfin Settled: Who Actually Won?
The antitrust case against Zillow and Redfin was scheduled to go to trial. The parties instead settled. The FTC did not kill the entire partnership. …
1 month, 3 weeks ago
How Cartels Really Work, Episode 1: What Makes Something a Cartel?
Two gas stations are using AI to price their gas. They both come out at $4.50. “That’s a cartel? Not always. Common costs, standard competitive inter…
1 month, 3 weeks ago
The Antitrust Theory That Slept for 55 Years
What if you have a monopolist who, technically, allows customers to buy a product separately, but prices the standalone product so high that the only…
1 month, 3 weeks ago
What If Your AI Breaks the Antitrust Laws?
You tell your AI to make as much money as you can. The instruction is quite standard. But what if the AI learns that profits increase if it cooperate…
1 month, 4 weeks ago
The Antitrust Theory That Slept for 55 Years
An organization claims you can buy Product A, but not Product B. The only issue is that product A is so expensive that no one would ever choose it. A…
1 month, 4 weeks ago
What If Your AI Breaks the Antitrust Laws?
A company tells its AI to maximize profits. It does not tell the AI to set prices, to collude with competitors, or to shut out competitors. But what …
1 month, 4 weeks ago
Why Kroger–Giant Eagle Is Not Another Albertsons
With grocery prices still high, another supermarket merger may seem difficult to defend. Kroger’s proposed acquisition of Giant Eagle is especially s…
2 months ago
Age of AI—Episode 5: How AI Changes the Work of Antitrust Economists
Artificial intelligence is changing far more than the speed of economic analysis.
In this concluding episode of the Age of AI series, we explore how A…
2 months ago
Zillow–Redfin: Why the FTC Tried to Win Early
The FTC is challenging a $100 million rentals partnership between Zillow and Redfin. The government argues that the agreement removed Redfin as an in…
2 months, 1 week ago
Age of AI—Episode 4: Brooks' Law and the Economics of Smarter Teams
Adding more economists to a merger investigation sounds like an obvious way to increase analytical capacity.
In practice, however, larger teams create…
2 months, 1 week ago