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    Article

    Getting Merger Guidelines Right

    This paper is on the new (2023) Merger Guidelines. It makes several arguments: First, that the Guidelines should be understood as existing in a political equilibrium. Second, that the new structural presumptio...

    Keith N. Hylton in Review of Industrial Organization (2024)

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    Article

    Error Costs, Ratio Tests, and Patent Antitrust Law

    This paper examines the welfare tradeoff between patent and antitrust law. Since patent and antitrust law have contradictory goals, the question that naturally arises is how one should choose between the two i...

    Keith N. Hylton, Wendy Xu in Review of Industrial Organization (2020)

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    Article

    Law, Social Welfare, and Net Neutrality

    Net neutrality generates wealth transfers from one type of internet content provider to another. In theory, these transfers might be socially desirable, and could be justified on the basis of informational ex...

    Keith N. Hylton in Review of Industrial Organization (2017)

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    Article

    Brown Shoe Versus the Horizontal Merger Guidelines

    The new Horizontal Merger Guidelines, if treated by courts as a source of law, would reduce the discretion that is traditionally exercised by courts in defining relevant markets and market power in merger case...

    Keith N. Hylton in Review of Industrial Organization (2011)