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Identifying A Maverick: When Antitrust Law Should Protect A Low-Cost Competitor, Taylor M. Owings
Identifying A Maverick: When Antitrust Law Should Protect A Low-Cost Competitor, Taylor M. Owings
Vanderbilt Law Review
Shortly after taking office, President Barack Obama announced that his Administration would pursue a policy of vigorous antitrust enforcement in order to ensure healthy competition in the economy.' In two of the highest-profile antitrust cases that have followed, the United States Department of Justice ("DOJ") sought to block two proposed mergers in which the target companies were low-cost competitors in their industries. The DOJ won a judgment in November 2011 that blocked retail-tax giant H&R Block from acquiring 2nd Story Software, maker of the low-cost digital tax- preparation program TaxACT. A month later, the DOJ scored another "victory" when AT&T …