The great recession: The Tipline for 19 May 2022

As the US economy prepares for a recession, assistant attorney general Jonathan Kanter is readying economics for a recession of its own. In a speech delivered on Wednesday before the New York City Bar Association, Kanter said antitrust's overreliance on economics had turned enforcement into central planning. “It cannot be that a business trying to understand the legality of its merger must undertake months of analysis to produce a complex simulation model,” he said.

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