Competition Quote by James B. Stewart
“A study by the Federal Trade Commission found that concerns about every vertical merger examined by the commission from 2006 to 2012 were resolved through 'conduct remedies' rather than divestitures, and that all these remedies had been successful at protecting competition.”
About This Quote
Source Report: Federal Trade Commission Study, 2013
The FTC found that conduct remedies, not divestitures, effectively addressed competition concerns in vertical mergers.
In simple terms: FTC prefers conduct fixes over breaking up companies.
Key Takeaway
Focus on behavioral solutions in mergers.
Themes
law
competition
policy
Mood
analytical
neutral
Type
policy
informative
When to use this quote
- merger reviews
- court cases
- industry analysis
Key Concepts
conduct remedies
divestitures
regulatory practice
Questions to Reflect On
- Are conduct remedies sufficient long term?
- What risks arise without divestitures?
A Different Perspective
Remedies may not address underlying market power.
