Faculty News

Prof. Lawrence White explains the significance of Nobel Prize winner Jean Tirole's work on antitrust enforcement

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Excerpt from The New York Times -- "'So now, when there is a major merger that involves important vertical relationships, the authorities take a more nuanced view,' said Mr. White, who served as chief economist of the antitrust division of the Justice Department in the early 1980s. 'And we have Tirole in part to thank.' Mr. White said a recent example came in 2011, when the government conditioned Comcast’s acquisition of NBCUniversal on the terms of a deal that made NBCUniversal’s content available to Comcast’s rivals."

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Additional coverage appeared on The Wall Street Journal.