Forthcoming paper (August 25, 2026)
The 2023 Merger Guidelines and High-Tech Merger Enforcement: A Null Result
This is Ted's latest research on merger enforcement applied to high-tech industries. It begins with a surprising result — that the novel provisions in the 2023 U.S. Merger Guidelines were not applied to the substantial number of acquisitions initiated by Alphabet, Amazon, Apple, Meta, and Microsoft. Why not? The post-Chicago IO literature on which they are based establish that there is a likelihood of future harms. Such harms — prospective and conditional — cannot be the basis of merger challenges. (To be published in the "Review of Industrial Organization")
Letter from Ted (June 8, 2026)
Why the ‘Hormuz Shock’ Isn’t the ’70s All Over Again
"Things would be a lot worse absent [] current energy diversity [of the US]."
Article from Ted (March 6, 2026)
How an Antitrust Lawsuit from Michael Jordan Reshaped NASCAR
Yale SOM's Ted Snyder describes his experience testifying in the case brought by team owners, including Jordan.
Article from Ted (November 5, 2025)
Rare-Earth Magnet Startups Seal $1.4 Billion Deal With Trump Administration
In Webinar 4, we predicted that China's controls on exports of Rare Earth Elements (REE) would cause efforts by the U.S. to make its supply chain independent from China's threat. As the WSJ reports, two days ago (Nov 3) two startups aiming to produce an American supply of rare-earth magnets have sealed a $1.4 billion deal with the U.S. government and private investors. The deal involves an unprecedented $620 million loan from the Defense Department. The startups' objective is to build and operate a U.S. magnet facility capable of producing 10,000 metric tons of magnets each year.
Article from Ted (September 1, 2025)
Would Stricter Antitrust Rules Have Stopped the Rise of Amazon?
Not necessarily, according to Ted and his co-authors. "Snyder suspects that the company would have developed to become one of the five largest U.S. companies anyway."
Article from Ted (June 9, 2025)
The Daunting Challenge Facing U.S. Business Schools
Ted's article in Poets & Quants about the challenges facing U.S. business schools, mentioned in Webinar 2. It may be of interest.