The Opportunity Costs of FTC Merger Meddling

In 2015, Dyson acquired Sakti3, a startup specializing in solid-state battery power. Dyson’s acquisition of Sakti3 is a perfect example of a vertical merger, whereas Dyson bought the capabilities to advance its product portfolio with cordless vacuums.  At the time of the deal, Dyson was a dominant force in the marketplace, so it is a […]

What Reich Gets Wrong about the Kroger-Albertson Merger and What He Misses Completely

For some time now, political pundits and activist academics have hung onto the mindset that anything that is big, especially if brought on by a merger or acquisition, is bad. Corporate concentration seems to raise red flags from both Republicans and Democrats alike, who claim that consolidation will lead to predatory practices and higher prices.  […]