Healthcare innovation

Antitrust Deregulation is Undermining Innovation

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Antitrust Deregulation is Undermining Innovation


A 2000 amendment to the Hart-Scott-Rodino Act made it easier for firms to merge without notifying US antitrust authorities. In new research, Giovanni Morzenti writes that while deregulation has facilitated some mergers that boosted innovation, on the whole it has enabled inefficient mergers to the detriment of consumer welfare and market innovation.  Merger activity is […]

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