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

1 Faculty News October 13, 2014 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](http://www.nytimes.com/2014/10/14/business/jean-tirole-wins-nobel-prize-in-economics.html?ref=todayspaper&_r=1) -- "'So now, when there is a major merger that involves important vertical relationships, the authorities take a more nuanced view,' said [Mr. White](http://w4.stern.nyu.edu/faculty/bio/lawrence-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."

[Read more](http://www.nytimes.com/2014/10/14/business/jean-tirole-wins-nobel-prize-in-economics.html?ref=todayspaper&_r=1)

Additional coverage appeared on [The Wall Street Journal](http://blogs.wsj.com/riskandcompliance/2014/10/15/the-morning-risk-report-what-nobel-laureate-tirole-teaches-on-regulation/).