Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

Wednesday, September 10, 2008

Antitrust Versus Regulatory Merger Review: The Case of Electricity

Posted by D. Daniel Sokol

Diane Moss of the American Antitrust Institute has authored Antitrust Versus Regulatory Merger Review: The Case of Electricity.

ABSTRACT: This paper focuses on the implications of multi-agency review of electricity mergers. It highlights fundamental differences between regulatory and antitrust merger enforcement procedures–ranging from standards of review to data collection, economic analysis, and remedies. Such disparities potentially introduce costly and potentially conflicting redundancy into the merger review process. Illustrative examples are drawn from a number of cases, including apparent inconsistencies across applicant-filed analyses in FERC merger cases. Absent the delegation of competition analysis to the antitrust agencies, the paper makes the case for harmonizing review across regulators and antitrust enforcers.

https://lawprofessors.typepad.com/antitrustprof_blog/2008/09/antitrust-versu.html

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