Mergers and Consumers’ Interest

A number of mergers have made the news: Anthem acquiring Cigna, AT&T acquiring Direct TV, Charter acquiring Time Warner Cable, in each case claiming that those mergers are ultimately good for consumers. In one of his recent pieces Los Angeles Times columnist David Lazarus points out he interviewed several economists who all agree that ultimately mergers aren’t good for consumers. They reduce competition and increase prices while Continue reading “Mergers and Consumers’ Interest”