#57 Mergernomics: Extending Market Power

Enforcers and policymakers have raised concerns that dominant firms like Google, Microsoft, NVIDIA, and Meta are extending their market power into AI by taking stakes in some of the most promising startups. In this episode, economist Dr. Elizabeth Wang and antitrust litigator Daniel Culley join me to discuss how economists measure the risk that a dominant firm could acquire its way into dominance in another market, as well as how to spot flaws in those projections. With special guests: Daniel Culley, Partner, Cleary Gottlieb Steen & Hamilton LLP and Dr. Elizabeth Wang, Partner and Head of the China Practice, Econic Partners, LLC Hosted by: Anant Raut