Author/s: Bloomfield, Doni Title: Competition and Risk Journal: Pages: Link: https://papers.ssrn.com/abstract=3566661 Abstract: Merger review in the United States has overlooked a significant competition harm: increasing risk. Mergers can increase both counterparty risk and systemic riskÑthe risk of idiosyncratic firm shocks harming trading partners and the national economy. There is now clear evidence that negative shocks…
