JD Supra: The Popular Perspective on Merger Enforcement: Statistical Analysis of Public Comments
On January 18, 2022, the FTC and DOJ (the “agencies”) issued a joint request for information (RFI) asking for comments on how they should update their approach to merger enforcement. Similar to past RFIs, a variety of academics, attorneys, and other antitrust practitioners submitted detailed comments based on their experience and expertise in the field.1 However, in this case, the general public also took an interest: over 5,000 comments were submitted,2 compared to only 74 comments submitted during the 2020 public comment period for the Vertical Merger Guidelines.
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We found that roughly 37% of the 1,688 general public comments were generated by just two mass campaigns: one by the American Economic Liberties Project (AELP), an organization founded in 2020 with the purpose of pushing greater antitrust enforcement; and one by the American College of Emergency Medicine. Our programmatic text analysis identified 458 comments, or about 27% of all comments from the general public,5 that appear to have been based off a common template offered on an AELP website, which also offered an easy process for submitting comments.6 This percentage could be even larger among the full set of 5,000 submissions: it is possible that the agencies did not post multiple submissions that exactly duplicated the template … The success of these mass campaigns may indicate that many people share the concerns they are intended to highlight.
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