The antitrust trial took a pretty striking turn on Monday afternoon for anyone trying to gauge where the case actually stands as it enters its third and likely final week. The defense was questioning their economic expert, Yale professor Dr. Edward Snyder, who was duly explaining why he believes the government’s expert Dr. Nicholas Hill got almost everything wrong: “The government has not proven that there will be a substantial lessening of competition as a result of the merger.” That will likely be the question on which the case hinges. Yes, the merger will give the combined firm half of the […]
