EI Senior Vice President Michael G. Baumann Coauthors Article Entitled, “Margin of Error: The Flawed Paradigm in the New Merger Guidelines,” in the Antitrust Chronicle, Competition Policy International.

Dr. Baumann’s article reviewed the Horizontal Merger Guidelines recently issued by the U.S. Department of Justice and the Federal Trade Commission.  The article points out that the analytical core of the new Guidelines relies on an assumption that was long ago shown to be invalid and demonstrates that the paradigm in the new Guidelines is not consistent with basic economic principles.  Dr. Baumann is the author of several publications on competitive analysis and antitrust matters.  His consulting experience encompasses the analysis of antitrust matters, mass media regulation, and the calculation of damages.