For decades after Congress empowered antitrust authorities to prosecute anticompetitive transactions, rival firms continued to merge. To escape enforcement, they did so quietly and covertly, hoping that, by the time they were discovered, their operations would be so entwined as to make unwinding impractical. Congress addressed these so-called “midnight mergers” in 1976 with the Hart-Scott-Rodino […] The post How to Get Away with Merger: Stealth Consolidation and Its Effects on US Dialysis appeared first on Microeconomic Insights .