December 12, 2006

I Spy an Antitrust Exam Question

by PG

As we beat the proposed hostile takeover of Delta by U.S. Airways pretty soundly in class discussion, had the professor not already written the exam, I suspect he would be tempted to throw in a question adding a new fact to the mix: What if Continental and United were simultaneously talking merger? (It's like talking dirty for corporations, except with the FTC in the room checking on how big your market share is.) Truly, an HHI calculation that demands we be allowed to bring in a calculator, the rules against electronic devices notwithstanding.

December 12, 2006 10:49 PM | TrackBack
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