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Kwoka & Valletti Detail Previous Antitrust Breakups

from the Open Markets Insititute

The paper, entitled “Scrambled Eggs and Paralyzed Policy: Breaking Up Consummated Mergers and Dominant Firms,” is a timely contribution, given the Federal Trade Commission’s decision last week to sue Facebook for antitrust violations and to include divestitures of Instagram and WhatsApp among the remedies sought.

Kwoka, a professor of economics at Northeastern University, and Valletti, the former chief economist for the European competition agency in Brussels, co-authored the paper.

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