Antitrust Chronicle® – Coordinated Effects

Dear Readers,

This edition of the Chronicle deals with the theme of coordinated effects and related issues in tacit collusion. In simple terms, coordinated effects arise when a merger enables at least an important subset of rivals to exercise joint market power through coordinated pricing, production decisions, and other strategic actions. Concerns about anticompetitive coordination are as old as competition law itself, but vigilance in the merger context has ebbed and flowed with changes in eco