Alden Abbott

Contributor at Forbes

Senior Research Fellow at Mercatus Center

Senior Research Fellow, Mercatus Center and former General Counsel, Federal Trade Commission

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Articles

New State Merger Review Laws Could Harm U.S. Economy

2 weeks ago | forbes.com | Alden Abbott

(Original Caption) New York: Thomas Nast antitrust cartoon, 1888. "Sir James G. Blaine". Bettmann ArchiveU.S. states are ramping up their review of proposed mergers and acquisitions (M&A). Both Washington and Colorado have enacted new pre-merger notification statutes that will take effect this summer, and other states have introduced or are considering similar legislation. These changes could impose major new costs on potential merging parties and harm the U.S. economy.
A Chinese Firm That Lost In U.S. Trade Court May Get A Do-Over

3 weeks ago | forbes.com | Alden Abbott

Under Secretary of Commerce and Director of the US Patent and Trademark Office Kathi Vidal speaks ... More during a visit in Beijing on April 16, 2024. (Photo by Tatan Syuflana / POOL / AFP) (Photo by TATAN SYUFLANA/POOL/AFP via Getty Images)POOL/AFP via Getty ImagesVery soon, the U.S. Patent and Trademark Office will decide whether to change a controversial ruling – one that risks undermining the future of American innovation.
A Chinese Firm That Lost In U.S. Trade Court Shouldn't Get A Do-Over

3 weeks ago | forbes.com | Alden Abbott

Under Secretary of Commerce and Director of the US Patent and Trademark Office Kathi Vidal speaks ... More during a visit in Beijing on April 16, 2024.
Cloudy Legal And Policy Outlook For Trump Tariffs

4 weeks ago | forbes.com | Alden Abbott

On May 28 the specialized U.S. Court of International Trade (CIT) struck down major new tariffs imposed by President Trump over the last few months. The U.S. Federal Circuit Court of Appeals temporarily reinstated those tariffs the next day, pending its review of a Trump Administration appeal. Various other challenges to the Trump tariffs are before other courts. The Supreme Court likely will have to step in to resolve the tariff issue, possibly on an expedited basis.
Google Antitrust Remedies Could Harm the US Economy and Consumers

1 month ago | truthonthemarket.com | Alden Abbott

Google and the U.S. Justice Department (DOJ) will make their closing arguments tomorrow in the Google Search remedies trial. Judicial adoption of the DOJ’s recommendations to “break up” Google, stemming from this and another DOJ lawsuit, could seriously undermine American innovation and competitiveness and harm, not help, American consumers.
New U.S.-China Trade Negotiations Can Be A Win-Win

1 month ago | forbes.com | Alden Abbott

Treasury Secretary Scott Bessent indicated today that the United States Government “expects the U.S. and China to continue in-person trade negotiations soon.” This will give the U.S. the opportunity to push for the roll-back of Chinese anticompetitive market distortions that skew markets and harm the competitiveness of America’s innovative industries. The successful dismantling of distortions could be a “win-win” for both the American and Chinese economies.
Regulatory Reform And AI Could Help Lower Drug Prices

1 month ago | forbes.com | Alden Abbott

A recent presidential executive order seeks to reduce high prescription pharmaceutical prices charged to Americans by raising artificially low prices paid by foreigners for those drugs. A price realignment to benefit American consumer drug purchasers by ending “foreign freeloading” appears attractive, but it raises various legal and practical challenges.
Google Antitrust Remedies Could Harm U.S. Economy and Consumers

1 month ago | forbes.com | Alden Abbott

On May 29 Google and the U.S. Department of Justice will make their closing arguments in the “Google Search” remedies trial. Judicial adoption of DOJ recommendations to “break up” Google, stemming from this and another DOJ lawsuit, could seriously undermine American innovation and competitiveness and harm, not help, American consumers.
New US Trade Agreements Could Grow the Economy

1 month ago | truthonthemarket.com | Alden Abbott

The Trump administration earlier this month announced a new trade agreement between the United States and the United Kingdom. This initial pact should be a harbinger of additional “win-win” American trade deals with the UK and other countries. Such agreements, besides reducing tariffs, could emphasize the mutual elimination of anticompetitive market distortions (ACMDs). Eliminating ACMDs would provide a far greater spur to economic growth than mere tariff reductions.
New U.S. Trade Agreements Could Grow The Economy

1 month ago | forbes.com | Alden Abbott

On May 8, 2025, the Trump Administration announced a new trade agreement between the United States and the United Kingdom. This initial pact should be a harbinger of additional “win-win” American trade deals with the UK and other countries. Such agreements, besides reducing tariffs, could emphasize the mutual elimination of anticompetitive market distortions. Eliminating ACMDs would provide a far greater spur to economic growth than mere tariff reductions.

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