Tommaso Valletti

@tomvalletti.bsky.social

econ professor imperial college london https://profiles.imperial.ac.uk/t.valletti

🚨 New paper in Economics Letters! Do mergers boost or harm innovation? The debate is heating up in EU & UK policy circles. Some argue: Relax merger control → more investment, productivity, competitiveness. This view has influenced reports like Draghi’s & UK gov’t policy. But is it right? 🤔

Very interesting JMP from Jie Zhou (MIT) who's on the job market So relevant given today’s discussion in EU on how protect from further digital colonisation while spurring native innovation Context: China Great Firewall: China blocked foreign apps and regulated the internet (for political reasons)

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Looking at the US presidential inauguration, the link between market power and political power has never been so evident. If you also found that very striking, please read our blog with Bo Cowgill and Andrea Prat corpgov.law.harvard.edu/2025/02/06/p...

Political Power and Market Power

Does market power lead to political power? This longstanding question, raised by Louis Brandeis in 1914, remains strikingly relevant today. As industries ...

corpgov.law.harvard.edu

Sir John Vickers gave a keynote at ACE. His views on the UK Vodafone/Three merger - see the images. Knowing Sir John, who’s the epitome of moderation, this is quite some scathing criticism directed to the Competition and Markets Authority proposed flawed approach. Is there still time to re-think?

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