Trelysa Long
Trelysa Long is a policy analyst for antitrust policy with ITIF’s Schumpeter Project on Competition Policy. She was previously an economic policy intern with the U.S. Chamber of Commerce. She earned her bachelor’s degree in economics and political science from the University of California, Irvine.
Research Areas
Recent Publications
Why the US Economy Needs More Consolidation, Not Less
Larger firms are generally more productive because of scale economies, but some U.S. industries still have too high a share of small firms. Policymakers should encourage, not discourage, greater consolidation in these industries.
A Nation With Larger Establishments Could Mean Higher Economic Productivity
Policymakers should ignore neo-Brandeisian calls to regulate or break up large companies. Another study has found large firms can benefit the economy and are crucial for optimal productivity.
Comments for the California Law Review Commission Study of Antitrust Law Regarding Single-Firm Conduct and Concentration
While ITIF applauds the Commission for its efforts to evaluate the adequacy of California’s competition laws and consider possible changes, this comment highlights concerns with both the single-firm and concentration reports, and specifically regarding their respective legal and economic findings.
Large Firms Generate Positive Productivity and Non-Productivity Spillovers for Their Suppliers
Policymakers should not follow neo-Brandeisian calls to break up large companies because such actions will only hurt the economy and small firms
Why Labor Monopsony Shouldn’t Be Included in Merger Guidelines
Monopoly power is not the main explanation for changes in workers’ earnings after a merger or acquisition, and including labor monopsony power in the updated Merger Guidelines will not only disincentivize greater consolidation but will also harm consumers. The FTC and DOJ should ignore the guideline on labor monopsony when reviewing mergers.
No, Market Leaders Are Not Driving Declines in Innovation and Economic Dynamism
A report by the Economic Innovation Group (EIG) concludes that declining knowledge diffusion is the underlying cause of declining business dynamism. However, its theoretical model is based on flawed assumptions, while its mathematical model has methodological issues.
Fact of the Week: Technology Sector Firms Pay a Higher Premium to Acquire Innovative Target Firms
A recent paper found that the average innovative target firm received a takeover premium and cumulative abnormal stock returns that were 4.2 and 5.6 percentage points, respectively, higher than their non-innovative counterparts.
Why the Robinson-Patman Act Revival May Backfire
The proposed revival of the Robinson-Patman Act will not only have consequences for consumers but also for the small businesses they are trying to protect.
A Closer Look at US Private Sector R&D Spending in a Global Context
Congress should pass the Tax Relief for American Families and Workers Act to restore full R&D expensing to drive U.S productivity, growth, and global competitiveness.
Unmasking Methodological Flaws in the Research Linking Concentration and Inflation
A recent article contends that an increase in concentration in the last two decades is amplifying price increases. But ITIF has found that corporate concentration has not increased, nor have price markups increased.
The Digital Advantage: How Digital Services Boost Consumer Welfare
It’s easy to take for granted the economic and societal value we derive from digital services. But make no mistake: If they disappeared, it would cost us a pretty penny.
Why Healthy Trade Relations Matter for Advanced-Technology Industries
Exports account for a substantial share of advanced-technology industries’ sales, making them critical for funding the innovation and development of advanced firms’ next generations of products and services, which is key to U.S. growth and competitiveness.