As companies become increasingly big through mergers and acquisitions—especially in technology, health care, and several other industries—how should rules and regulations change with the times?

The US Department of Justice and Federal Trade Commission recently released an updated set of draft merger guidelines that could reshape the landscape of corporate mergers and acquisitions both in the United States and globally. Stanford’s Susan Athey, chief economist at the DOJ’s antitrust division, joins hosts Bethany McLean and Luigi Zingales to discuss these changes. Why did the DOJ and FTC make them? How will they impact the way companies approach mergers and acquisitions? And what do they mean for consumers, competition, labor, and the broader economy?

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