Description: The government worries mainly about “horizontal” mergers in which one company buys another that does the same thing. But there’s also risk in vertical combinations.

Source: Businessweek.com

Date: Oct 13, 2014

Link: http://www.businessweek.com/articles/2014-10-13/this-nobel-economist-analyzes-competition#r=nav-f-story

Questions for Discussions:

• What does Jean Tirole say about mergers?
• How should investors use this information to guide their investment thinking?