Merger crackdown part of ‘mixed’ Obama antitrust record
Bloomberg BNA - 06/01/2016
John Kwoka, an economics professor at Northeastern University, said the antitrust agencies, under Obama, have taken tough actions in some cases, such as DOJ’s lawsuit this year to stop the ultimately-abandoned merger deal between Halliburton Co. and Baker Hughes Inc. But they’ve also “dropped the ball” in some instances, he said.
“They should have chosen to block rather than tinker with more mergers, and I think we’re seeing concern in a lot of markets about the effects of the mergers that have been allowed,” said Kwoka, who also serves as a senior fellow for AAI.