id	sid	tid	token	lemma	pos
cblr-14249	1	1	3	3	X
cblr-14249	1	2	.	.	PUNCT
cblr-14249	1	3	lawrence	lawrence	PROPN
cblr-14249	1	4	merger	merger	PROPN
cblr-14249	1	5	review	review	NOUN
cblr-14249	1	6	under	under	ADP
cblr-14249	1	7	the	the	DET
cblr-14249	1	8	rule	rule	NOUN
cblr-14249	1	9	of	of	ADP
cblr-14249	1	10	law	law	NOUN
cblr-14249	1	11	article	article	NOUN
cblr-14249	1	12	contemporary	contemporary	PROPN
cblr-14249	1	13	merger	merger	PROPN
cblr-14249	1	14	review	review	NOUN
cblr-14249	1	15	under	under	ADP
cblr-14249	1	16	the	the	DET
cblr-14249	1	17	rule	rule	NOUN
cblr-14249	1	18	of	of	ADP
cblr-14249	1	19	law	law	NOUN
cblr-14249	1	20	:	:	PUNCT
cblr-14249	1	21	translating	translate	VERB
cblr-14249	1	22	old	old	ADJ
cblr-14249	1	23	law	law	NOUN
cblr-14249	1	24	into	into	ADP
cblr-14249	1	25	modern	modern	ADJ
cblr-14249	1	26	economics	economic	NOUN
cblr-14249	1	27	david	david	PROPN
cblr-14249	1	28	lawrence	lawrence	PROPN
cblr-14249	1	29	*	*	PROPN
cblr-14249	1	30	i.	i.	PROPN
cblr-14249	1	31	introduction	introduction	NOUN
cblr-14249	1	32	...........................................................	...........................................................	PUNCT
cblr-14249	1	33	99	99	NUM
cblr-14249	1	34	ii	ii	NOUN
cblr-14249	1	35	.	.	PUNCT
cblr-14249	2	1	five	five	NUM
cblr-14249	2	2	key	key	ADJ
cblr-14249	2	3	translations	translation	NOUN
cblr-14249	2	4	for	for	ADP
cblr-14249	2	5	modern	modern	ADJ
cblr-14249	2	6	merger	merger	NOUN
cblr-14249	2	7	review	review	NOUN
cblr-14249	2	8	..............................................................................	..............................................................................	PUNCT
cblr-14249	2	9	105	105	NUM
cblr-14249	2	10	a.	a.	NOUN
cblr-14249	2	11	translating	translate	VERB
cblr-14249	2	12	“	"	PUNCT
cblr-14249	2	13	competition	competition	NOUN
cblr-14249	2	14	”	"	PUNCT
cblr-14249	2	15	...............................	...............................	PUNCT
cblr-14249	2	16	106	106	NUM
cblr-14249	2	17	b.	b.	NOUN
cblr-14249	2	18	translating	translate	VERB
cblr-14249	2	19	the	the	DET
cblr-14249	2	20	burden	burden	NOUN
cblr-14249	2	21	of	of	ADP
cblr-14249	2	22	proof	proof	NOUN
cblr-14249	2	23	—	—	PUNCT
cblr-14249	2	24	maybe	maybe	ADV
cblr-14249	2	25	it	it	PRON
cblr-14249	2	26	’s	’	VERB
cblr-14249	2	27	“	"	PUNCT
cblr-14249	2	28	may	may	AUX
cblr-14249	2	29	be	be	AUX
cblr-14249	2	30	”	"	PUNCT
cblr-14249	2	31	?	?	PUNCT
cblr-14249	3	1	..........................................................	..........................................................	PUNCT
cblr-14249	4	1	109	109	NUM
cblr-14249	4	2	c.	c.	NOUN
cblr-14249	4	3	translating	translate	VERB
cblr-14249	4	4	the	the	DET
cblr-14249	4	5	philadelphia	philadelphia	PROPN
cblr-14249	4	6	national	national	PROPN
cblr-14249	4	7	bank	bank	PROPN
cblr-14249	4	8	focus	focus	NOUN
cblr-14249	4	9	on	on	ADP
cblr-14249	4	10	undue	undue	ADJ
cblr-14249	4	11	concentration	concentration	NOUN
cblr-14249	4	12	into	into	ADP
cblr-14249	4	13	an	an	DET
cblr-14249	4	14	economically	economically	ADV
cblr-14249	4	15	sound	sound	ADJ
cblr-14249	4	16	structural	structural	ADJ
cblr-14249	4	17	presumption	presumption	NOUN
cblr-14249	4	18	of	of	ADP
cblr-14249	4	19	harm	harm	NOUN
cblr-14249	4	20	to	to	ADP
cblr-14249	4	21	competition	competition	NOUN
cblr-14249	4	22	.	.	PUNCT
cblr-14249	5	1	......................................	......................................	PUNCT
cblr-14249	6	1	111	111	NUM
cblr-14249	6	2	d.	d.	NOUN
cblr-14249	6	3	translating	translate	VERB
cblr-14249	6	4	procter	procter	PROPN
cblr-14249	6	5	&	&	CCONJ
cblr-14249	6	6	gamble	gamble	PROPN
cblr-14249	6	7	’s	’s	PART
cblr-14249	6	8	prohibition	prohibition	NOUN
cblr-14249	6	9	on	on	ADP
cblr-14249	6	10	consideration	consideration	NOUN
cblr-14249	6	11	of	of	ADP
cblr-14249	6	12	possible	possible	ADJ
cblr-14249	6	13	economies	economy	NOUN
cblr-14249	6	14	as	as	ADP
cblr-14249	6	15	a	a	DET
cblr-14249	6	16	defense	defense	NOUN
cblr-14249	6	17	to	to	PART
cblr-14249	6	18	illegality	illegality	VERB
cblr-14249	6	19	into	into	ADP
cblr-14249	6	20	a	a	DET
cblr-14249	6	21	modern	modern	ADJ
cblr-14249	6	22	burdenshifting	burdenshifting	NOUN
cblr-14249	6	23	framework	framework	NOUN
cblr-14249	6	24	that	that	PRON
cblr-14249	6	25	considers	consider	VERB
cblr-14249	6	26	efficiencies	efficiency	NOUN
cblr-14249	6	27	as	as	ADP
cblr-14249	6	28	a	a	DET
cblr-14249	6	29	rebuttal	rebuttal	NOUN
cblr-14249	6	30	.....................................................	.....................................................	PUNCT
cblr-14249	6	31	120	120	NUM
cblr-14249	6	32	e.	e.	PROPN
cblr-14249	6	33	translating	translating	PROPN
cblr-14249	6	34	procter	procter	PROPN
cblr-14249	6	35	&	&	CCONJ
cblr-14249	6	36	gamble	gamble	PROPN
cblr-14249	6	37	’s	’s	PART
cblr-14249	6	38	concern	concern	NOUN
cblr-14249	6	39	with	with	ADP
cblr-14249	6	40	entrenchment	entrenchment	NOUN
cblr-14249	6	41	of	of	ADP
cblr-14249	6	42	power	power	NOUN
cblr-14249	6	43	into	into	ADP
cblr-14249	6	44	a	a	DET
cblr-14249	6	45	modern	modern	ADJ
cblr-14249	6	46	framework	framework	NOUN
cblr-14249	6	47	that	that	PRON
cblr-14249	6	48	distinguishes	distinguish	VERB
cblr-14249	6	49	efficiencies	efficiency	NOUN
cblr-14249	6	50	from	from	ADP
cblr-14249	6	51	exclusion	exclusion	NOUN
cblr-14249	6	52	...........................................................	...........................................................	PUNCT
cblr-14249	6	53	122	122	NUM
cblr-14249	6	54	iii	iii	NOUN
cblr-14249	6	55	.	.	PUNCT
cblr-14249	6	56	conclusion	conclusion	NOUN
cblr-14249	6	57	............................................................	............................................................	PUNCT
cblr-14249	6	58	126	126	NUM
cblr-14249	6	59	i.	i.	NOUN
cblr-14249	6	60	introduction	introduction	NOUN
cblr-14249	6	61	*	*	PUNCT
cblr-14249	6	62	policy	policy	NOUN
cblr-14249	6	63	director	director	NOUN
cblr-14249	6	64	at	at	ADP
cblr-14249	6	65	the	the	DET
cblr-14249	6	66	department	department	PROPN
cblr-14249	6	67	of	of	ADP
cblr-14249	6	68	justice	justice	PROPN
cblr-14249	6	69	’s	’s	PART
cblr-14249	6	70	antitrust	antitrust	ADJ
cblr-14249	6	71	division	division	NOUN
cblr-14249	6	72	.	.	PUNCT
cblr-14249	7	1	100	100	NUM
cblr-14249	7	2	columbia	columbia	PROPN
cblr-14249	7	3	business	business	NOUN
cblr-14249	7	4	law	law	PROPN
cblr-14249	7	5	review	review	NOUN
cblr-14249	7	6	[	[	X
cblr-14249	7	7	vol	vol	NOUN
cblr-14249	7	8	.	.	PUNCT
cblr-14249	7	9	2025	2025	NUM
cblr-14249	7	10	before	before	SCONJ
cblr-14249	7	11	i	i	PRON
cblr-14249	7	12	begin	begin	VERB
cblr-14249	7	13	,	,	PUNCT
cblr-14249	7	14	a	a	DET
cblr-14249	7	15	necessary	necessary	ADJ
cblr-14249	7	16	disclaimer	disclaimer	NOUN
cblr-14249	7	17	.	.	PUNCT
cblr-14249	8	1	the	the	DET
cblr-14249	8	2	remarks	remark	NOUN
cblr-14249	8	3	i	i	PRON
cblr-14249	8	4	express	express	VERB
cblr-14249	8	5	today	today	NOUN
cblr-14249	8	6	are	be	AUX
cblr-14249	8	7	my	my	PRON
cblr-14249	8	8	own	own	ADJ
cblr-14249	8	9	and	and	CCONJ
cblr-14249	8	10	do	do	AUX
cblr-14249	8	11	not	not	PART
cblr-14249	8	12	necessarily	necessarily	ADV
cblr-14249	8	13	reflect	reflect	VERB
cblr-14249	8	14	those	those	PRON
cblr-14249	8	15	of	of	ADP
cblr-14249	8	16	the	the	DET
cblr-14249	8	17	antitrust	antitrust	ADJ
cblr-14249	8	18	division	division	NOUN
cblr-14249	8	19	or	or	CCONJ
cblr-14249	8	20	the	the	DET
cblr-14249	8	21	department	department	NOUN
cblr-14249	8	22	of	of	ADP
cblr-14249	8	23	justice	justice	PROPN
cblr-14249	8	24	(	(	PUNCT
cblr-14249	8	25	doj	doj	PROPN
cblr-14249	8	26	)	)	PUNCT
cblr-14249	8	27	.	.	PUNCT
cblr-14249	9	1	thank	thank	VERB
cblr-14249	9	2	you	you	PRON
cblr-14249	9	3	again	again	ADV
cblr-14249	9	4	to	to	ADP
cblr-14249	9	5	the	the	DET
cblr-14249	9	6	organizers	organizer	NOUN
cblr-14249	9	7	for	for	ADP
cblr-14249	9	8	the	the	DET
cblr-14249	9	9	invitation	invitation	NOUN
cblr-14249	9	10	to	to	PART
cblr-14249	9	11	speak	speak	VERB
cblr-14249	9	12	on	on	ADP
cblr-14249	9	13	a	a	DET
cblr-14249	9	14	subject	subject	NOUN
cblr-14249	9	15	that	that	PRON
cblr-14249	9	16	is	be	AUX
cblr-14249	9	17	near	near	ADJ
cblr-14249	9	18	and	and	CCONJ
cblr-14249	9	19	dear	dear	ADJ
cblr-14249	9	20	to	to	ADP
cblr-14249	9	21	my	my	PRON
cblr-14249	9	22	heart	heart	NOUN
cblr-14249	9	23	as	as	ADP
cblr-14249	9	24	a	a	DET
cblr-14249	9	25	law	law	NOUN
cblr-14249	9	26	enforcer	enforcer	NOUN
cblr-14249	9	27	at	at	ADP
cblr-14249	9	28	the	the	DET
cblr-14249	9	29	justice	justice	PROPN
cblr-14249	9	30	department	department	PROPN
cblr-14249	9	31	.	.	PUNCT
cblr-14249	10	1	the	the	DET
cblr-14249	10	2	integrity	integrity	NOUN
cblr-14249	10	3	of	of	ADP
cblr-14249	10	4	a	a	DET
cblr-14249	10	5	prosecutor	prosecutor	NOUN
cblr-14249	10	6	’s	’s	PART
cblr-14249	10	7	work	work	NOUN
cblr-14249	10	8	depends	depend	VERB
cblr-14249	10	9	on	on	ADP
cblr-14249	10	10	their	their	PRON
cblr-14249	10	11	fidelity	fidelity	NOUN
cblr-14249	10	12	to	to	ADP
cblr-14249	10	13	the	the	DET
cblr-14249	10	14	law	law	NOUN
cblr-14249	10	15	,	,	PUNCT
cblr-14249	10	16	so	so	ADV
cblr-14249	10	17	we	we	PRON
cblr-14249	10	18	think	think	VERB
cblr-14249	10	19	a	a	DET
cblr-14249	10	20	lot	lot	NOUN
cblr-14249	10	21	about	about	ADP
cblr-14249	10	22	how	how	SCONJ
cblr-14249	10	23	to	to	PART
cblr-14249	10	24	faithfully	faithfully	ADV
cblr-14249	10	25	apply	apply	VERB
cblr-14249	10	26	precedent	precedent	NOUN
cblr-14249	10	27	to	to	ADP
cblr-14249	10	28	modern	modern	ADJ
cblr-14249	10	29	market	market	NOUN
cblr-14249	10	30	realities	reality	NOUN
cblr-14249	10	31	.	.	PUNCT
cblr-14249	11	1	and	and	CCONJ
cblr-14249	11	2	many	many	ADJ
cblr-14249	11	3	thanks	thank	NOUN
cblr-14249	11	4	to	to	ADP
cblr-14249	11	5	my	my	PRON
cblr-14249	11	6	friend	friend	NOUN
cblr-14249	11	7	andrew	andrew	PROPN
cblr-14249	11	8	finch	finch	PROPN
cblr-14249	11	9	for	for	ADP
cblr-14249	11	10	a	a	DET
cblr-14249	11	11	rousing	rouse	VERB
cblr-14249	11	12	start	start	NOUN
cblr-14249	11	13	to	to	ADP
cblr-14249	11	14	the	the	DET
cblr-14249	11	15	morning	morning	NOUN
cblr-14249	11	16	;	;	PUNCT
cblr-14249	11	17	i	i	PRON
cblr-14249	11	18	agree	agree	VERB
cblr-14249	11	19	with	with	ADP
cblr-14249	11	20	a	a	DET
cblr-14249	11	21	great	great	ADJ
cblr-14249	11	22	deal	deal	NOUN
cblr-14249	11	23	of	of	ADP
cblr-14249	11	24	what	what	PRON
cblr-14249	11	25	andrew	andrew	PROPN
cblr-14249	11	26	said	say	VERB
cblr-14249	11	27	.	.	PUNCT
cblr-14249	12	1	that	that	PRON
cblr-14249	12	2	’s	’	VERB
cblr-14249	12	3	not	not	PART
cblr-14249	12	4	particularly	particularly	ADV
cblr-14249	12	5	surprising	surprising	ADJ
cblr-14249	12	6	.	.	PUNCT
cblr-14249	13	1	i	i	PRON
cblr-14249	13	2	learned	learn	VERB
cblr-14249	13	3	much	much	ADJ
cblr-14249	13	4	of	of	ADP
cblr-14249	13	5	what	what	PRON
cblr-14249	13	6	i	i	PRON
cblr-14249	13	7	know	know	VERB
cblr-14249	13	8	of	of	ADP
cblr-14249	13	9	merger	merger	NOUN
cblr-14249	13	10	law	law	NOUN
cblr-14249	13	11	from	from	ADP
cblr-14249	13	12	our	our	PRON
cblr-14249	13	13	work	work	NOUN
cblr-14249	13	14	together	together	ADV
cblr-14249	13	15	in	in	ADP
cblr-14249	13	16	the	the	DET
cblr-14249	13	17	front	front	ADJ
cblr-14249	13	18	office	office	NOUN
cblr-14249	13	19	in	in	ADP
cblr-14249	13	20	the	the	DET
cblr-14249	13	21	last	last	ADJ
cblr-14249	13	22	administration	administration	NOUN
cblr-14249	13	23	.	.	PUNCT
cblr-14249	14	1	let	let	VERB
cblr-14249	14	2	me	i	PRON
cblr-14249	14	3	share	share	VERB
cblr-14249	14	4	a	a	DET
cblr-14249	14	5	bit	bit	NOUN
cblr-14249	14	6	of	of	ADP
cblr-14249	14	7	insider	insider	NOUN
cblr-14249	14	8	information	information	NOUN
cblr-14249	14	9	with	with	ADP
cblr-14249	14	10	the	the	DET
cblr-14249	14	11	audience	audience	NOUN
cblr-14249	14	12	—	—	PUNCT
cblr-14249	14	13	andrew	andrew	PROPN
cblr-14249	14	14	was	be	AUX
cblr-14249	14	15	one	one	NUM
cblr-14249	14	16	of	of	ADP
cblr-14249	14	17	the	the	DET
cblr-14249	14	18	most	most	ADV
cblr-14249	14	19	thoughtful	thoughtful	ADJ
cblr-14249	14	20	,	,	PUNCT
cblr-14249	14	21	careful	careful	ADJ
cblr-14249	14	22	,	,	PUNCT
cblr-14249	14	23	and	and	CCONJ
cblr-14249	14	24	zealous	zealous	ADJ
cblr-14249	14	25	public	public	ADJ
cblr-14249	14	26	servants	servant	NOUN
cblr-14249	14	27	ever	ever	ADV
cblr-14249	14	28	to	to	PART
cblr-14249	14	29	serve	serve	VERB
cblr-14249	14	30	as	as	ADP
cblr-14249	14	31	acting	act	VERB
cblr-14249	14	32	assistant	assistant	ADJ
cblr-14249	14	33	attorney	attorney	NOUN
cblr-14249	14	34	general	general	NOUN
cblr-14249	14	35	or	or	CCONJ
cblr-14249	14	36	principal	principal	ADJ
cblr-14249	14	37	deputy	deputy	NOUN
cblr-14249	14	38	of	of	ADP
cblr-14249	14	39	the	the	DET
cblr-14249	14	40	doj	doj	PROPN
cblr-14249	14	41	’s	’s	PART
cblr-14249	14	42	antitrust	antitrust	ADJ
cblr-14249	14	43	division	division	NOUN
cblr-14249	14	44	.	.	PUNCT
cblr-14249	15	1	we	we	PRON
cblr-14249	15	2	all	all	PRON
cblr-14249	15	3	remain	remain	VERB
cblr-14249	15	4	in	in	ADP
cblr-14249	15	5	debt	debt	NOUN
cblr-14249	15	6	for	for	ADP
cblr-14249	15	7	his	his	PRON
cblr-14249	15	8	service	service	NOUN
cblr-14249	15	9	,	,	PUNCT
cblr-14249	15	10	so	so	ADV
cblr-14249	15	11	thank	thank	VERB
cblr-14249	15	12	you	you	PRON
cblr-14249	15	13	,	,	PUNCT
cblr-14249	15	14	andrew	andrew	PROPN
cblr-14249	15	15	.	.	PUNCT
cblr-14249	16	1	my	my	PRON
cblr-14249	16	2	favorite	favorite	ADJ
cblr-14249	16	3	time	time	NOUN
cblr-14249	16	4	capsule	capsule	NOUN
cblr-14249	16	5	is	be	AUX
cblr-14249	16	6	a	a	DET
cblr-14249	16	7	small	small	ADJ
cblr-14249	16	8	aluminum	aluminum	NOUN
cblr-14249	16	9	canister	canister	NOUN
cblr-14249	16	10	currently	currently	ADV
cblr-14249	16	11	about	about	ADV
cblr-14249	16	12	240,000	240,000	NUM
cblr-14249	16	13	miles	mile	NOUN
cblr-14249	16	14	from	from	ADP
cblr-14249	16	15	here	here	ADV
cblr-14249	16	16	.	.	PUNCT
cblr-14249	17	1	neil	neil	PROPN
cblr-14249	17	2	armstrong	armstrong	PROPN
cblr-14249	17	3	and	and	CCONJ
cblr-14249	17	4	buzz	buzz	VERB
cblr-14249	17	5	aldrin	aldrin	NOUN
cblr-14249	17	6	left	leave	VERB
cblr-14249	17	7	that	that	DET
cblr-14249	17	8	capsule	capsule	NOUN
cblr-14249	17	9	behind	behind	ADV
cblr-14249	17	10	after	after	SCONJ
cblr-14249	17	11	apollo	apollo	PROPN
cblr-14249	17	12	11	11	NUM
cblr-14249	17	13	landed	land	VERB
cblr-14249	17	14	along	along	ADP
cblr-14249	17	15	the	the	DET
cblr-14249	17	16	sea	sea	NOUN
cblr-14249	17	17	of	of	ADP
cblr-14249	17	18	tranquility	tranquility	NOUN
cblr-14249	17	19	.	.	PUNCT
cblr-14249	18	1	it	it	PRON
cblr-14249	18	2	contains	contain	VERB
cblr-14249	18	3	only	only	ADV
cblr-14249	18	4	a	a	DET
cblr-14249	18	5	small	small	ADJ
cblr-14249	18	6	silicon	silicon	NOUN
cblr-14249	18	7	disk	disk	NOUN
cblr-14249	18	8	with	with	ADP
cblr-14249	18	9	printed	print	VERB
cblr-14249	18	10	messages	message	NOUN
cblr-14249	18	11	of	of	ADP
cblr-14249	18	12	goodwill	goodwill	NOUN
cblr-14249	18	13	from	from	ADP
cblr-14249	18	14	the	the	DET
cblr-14249	18	15	leaders	leader	NOUN
cblr-14249	18	16	of	of	ADP
cblr-14249	18	17	73	73	NUM
cblr-14249	18	18	countries.1	countries.1	NOUN
cblr-14249	18	19	i	i	PRON
cblr-14249	18	20	love	love	VERB
cblr-14249	18	21	that	that	PRON
cblr-14249	18	22	.	.	PUNCT
cblr-14249	19	1	the	the	DET
cblr-14249	19	2	united	united	PROPN
cblr-14249	19	3	states	states	PROPN
cblr-14249	19	4	invited	invite	VERB
cblr-14249	19	5	leaders	leader	NOUN
cblr-14249	19	6	all	all	ADV
cblr-14249	19	7	around	around	ADP
cblr-14249	19	8	the	the	DET
cblr-14249	19	9	world	world	NOUN
cblr-14249	19	10	to	to	PART
cblr-14249	19	11	write	write	VERB
cblr-14249	19	12	messages	message	NOUN
cblr-14249	19	13	of	of	ADP
cblr-14249	19	14	hope	hope	NOUN
cblr-14249	19	15	and	and	CCONJ
cblr-14249	19	16	human	human	ADJ
cblr-14249	19	17	kindness	kindness	NOUN
cblr-14249	19	18	to	to	PART
cblr-14249	19	19	leave	leave	VERB
cblr-14249	19	20	behind	behind	ADV
cblr-14249	19	21	on	on	ADP
cblr-14249	19	22	the	the	DET
cblr-14249	19	23	lunar	lunar	ADJ
cblr-14249	19	24	surface	surface	NOUN
cblr-14249	19	25	for	for	ADP
cblr-14249	19	26	whomever	whomever	NOUN
cblr-14249	19	27	might	might	AUX
cblr-14249	19	28	find	find	VERB
cblr-14249	19	29	them.2	them.2	PROPN
cblr-14249	19	30	when	when	SCONJ
cblr-14249	19	31	you	you	PRON
cblr-14249	19	32	fly	fly	VERB
cblr-14249	19	33	a	a	DET
cblr-14249	19	34	time	time	NOUN
cblr-14249	19	35	capsule	capsule	NOUN
cblr-14249	19	36	to	to	ADP
cblr-14249	19	37	the	the	DET
cblr-14249	19	38	moon	moon	NOUN
cblr-14249	19	39	,	,	PUNCT
cblr-14249	19	40	storage	storage	NOUN
cblr-14249	19	41	space	space	NOUN
cblr-14249	19	42	is	be	AUX
cblr-14249	19	43	tight	tight	ADJ
cblr-14249	19	44	.	.	PUNCT
cblr-14249	20	1	but	but	CCONJ
cblr-14249	20	2	one	one	NUM
cblr-14249	20	3	country	country	NOUN
cblr-14249	20	4	allowed	allow	VERB
cblr-14249	20	5	itself	itself	PRON
cblr-14249	20	6	to	to	PART
cblr-14249	20	7	include	include	VERB
cblr-14249	20	8	multiple	multiple	ADJ
cblr-14249	20	9	messages	message	NOUN
cblr-14249	20	10	.	.	PUNCT
cblr-14249	21	1	the	the	DET
cblr-14249	21	2	united	united	PROPN
cblr-14249	21	3	states	states	PROPN
cblr-14249	21	4	opened	open	VERB
cblr-14249	21	5	with	with	ADP
cblr-14249	21	6	statements	statement	NOUN
cblr-14249	21	7	from	from	ADP
cblr-14249	21	8	four	four	NUM
cblr-14249	21	9	presidents	president	NOUN
cblr-14249	21	10	who	who	PRON
cblr-14249	21	11	had	have	AUX
cblr-14249	21	12	helped	help	VERB
cblr-14249	21	13	oversee	oversee	VERB
cblr-14249	21	14	the	the	DET
cblr-14249	21	15	project	project	NOUN
cblr-14249	21	16	—	—	PUNCT
cblr-14249	21	17	dwight	dwight	PROPN
cblr-14249	21	18	1	1	NUM
cblr-14249	21	19	nasa	nasa	PROPN
cblr-14249	21	20	,	,	PUNCT
cblr-14249	21	21	apollo	apollo	PROPN
cblr-14249	21	22	11	11	NUM
cblr-14249	21	23	goodwill	goodwill	NOUN
cblr-14249	21	24	messages	message	NOUN
cblr-14249	21	25	,	,	PUNCT
cblr-14249	21	26	release	release	VERB
cblr-14249	21	27	no	no	INTJ
cblr-14249	21	28	.	.	PUNCT
cblr-14249	21	29	:	:	PUNCT
cblr-14249	22	1	69	69	NUM
cblr-14249	22	2	-	-	NUM
cblr-14249	22	3	83f	83f	NOUN
cblr-14249	22	4	,	,	PUNCT
cblr-14249	22	5	at	at	ADP
cblr-14249	22	6	1	1	NUM
cblr-14249	22	7	(	(	PUNCT
cblr-14249	22	8	july	july	PROPN
cblr-14249	22	9	13	13	NUM
cblr-14249	22	10	,	,	PUNCT
cblr-14249	22	11	1969	1969	NUM
cblr-14249	22	12	)	)	PUNCT
cblr-14249	22	13	,	,	PUNCT
cblr-14249	22	14	https://www.nasa.gov/wpcontent/uploads/2024/05/apollo-11-goodwillmessages.pdf	https://www.nasa.gov/wpcontent/uploads/2024/05/apollo-11-goodwillmessages.pdf	PROPN
cblr-14249	22	15	[	[	X
cblr-14249	22	16	https://perma.cc/4kgy-jr7d	https://perma.cc/4kgy-jr7d	X
cblr-14249	22	17	]	]	X
cblr-14249	22	18	.	.	PUNCT
cblr-14249	23	1	2	2	NUM
cblr-14249	24	1	i	i	PRON
cblr-14249	24	2	d.	d.	NOUN
cblr-14249	24	3	at	at	ADP
cblr-14249	24	4	3	3	NUM
cblr-14249	24	5	.	.	PUNCT
cblr-14249	25	1	no	no	INTJ
cblr-14249	25	2	.	.	NOUN
cblr-14249	26	1	1	1	NUM
cblr-14249	26	2	]	]	X
cblr-14249	26	3	contemporary	contemporary	ADJ
cblr-14249	26	4	merger	merger	NOUN
cblr-14249	26	5	review	review	NOUN
cblr-14249	26	6	under	under	ADP
cblr-14249	26	7	the	the	DET
cblr-14249	26	8	rule	rule	NOUN
cblr-14249	26	9	of	of	ADP
cblr-14249	26	10	law	law	NOUN
cblr-14249	26	11	101	101	NUM
cblr-14249	26	12	eisenhower	eisenhower	NOUN
cblr-14249	26	13	,	,	PUNCT
cblr-14249	26	14	john	john	PROPN
cblr-14249	26	15	f.	f.	PROPN
cblr-14249	26	16	kennedy	kennedy	PROPN
cblr-14249	26	17	,	,	PUNCT
cblr-14249	26	18	lyndon	lyndon	PROPN
cblr-14249	26	19	johnson	johnson	PROPN
cblr-14249	26	20	,	,	PUNCT
cblr-14249	26	21	and	and	CCONJ
cblr-14249	26	22	richard	richard	PROPN
cblr-14249	26	23	nixon	nixon	PROPN
cblr-14249	26	24	.	.	PUNCT
cblr-14249	27	1	when	when	SCONJ
cblr-14249	27	2	you	you	PRON
cblr-14249	27	3	build	build	VERB
cblr-14249	27	4	the	the	DET
cblr-14249	27	5	rocket	rocket	NOUN
cblr-14249	27	6	,	,	PUNCT
cblr-14249	27	7	i	i	PRON
cblr-14249	27	8	guess	guess	VERB
cblr-14249	27	9	you	you	PRON
cblr-14249	27	10	get	get	VERB
cblr-14249	27	11	those	those	DET
cblr-14249	27	12	privileges	privilege	NOUN
cblr-14249	27	13	.	.	PUNCT
cblr-14249	28	1	i	i	PRON
cblr-14249	28	2	urge	urge	VERB
cblr-14249	28	3	you	you	PRON
cblr-14249	28	4	to	to	PART
cblr-14249	28	5	give	give	VERB
cblr-14249	28	6	the	the	DET
cblr-14249	28	7	messages	message	NOUN
cblr-14249	28	8	a	a	DET
cblr-14249	28	9	read	read	NOUN
cblr-14249	28	10	sometime	sometime	ADV
cblr-14249	28	11	.	.	PUNCT
cblr-14249	29	1	they	they	PRON
cblr-14249	29	2	are	be	AUX
cblr-14249	29	3	individually	individually	ADV
cblr-14249	29	4	inspiring	inspiring	ADJ
cblr-14249	29	5	.	.	PUNCT
cblr-14249	30	1	but	but	CCONJ
cblr-14249	30	2	even	even	ADV
cblr-14249	30	3	more	more	ADV
cblr-14249	30	4	striking	striking	ADJ
cblr-14249	30	5	is	be	AUX
cblr-14249	30	6	the	the	DET
cblr-14249	30	7	fact	fact	NOUN
cblr-14249	30	8	that	that	SCONJ
cblr-14249	30	9	four	four	NUM
cblr-14249	30	10	presidents	president	NOUN
cblr-14249	30	11	from	from	ADP
cblr-14249	30	12	two	two	NUM
cblr-14249	30	13	political	political	ADJ
cblr-14249	30	14	parties	party	NOUN
cblr-14249	30	15	brought	bring	VERB
cblr-14249	30	16	the	the	DET
cblr-14249	30	17	apollo	apollo	PROPN
cblr-14249	30	18	project	project	NOUN
cblr-14249	30	19	to	to	ADP
cblr-14249	30	20	fruition	fruition	VERB
cblr-14249	30	21	and	and	CCONJ
cblr-14249	30	22	have	have	VERB
cblr-14249	30	23	their	their	PRON
cblr-14249	30	24	efforts	effort	NOUN
cblr-14249	30	25	recorded	record	VERB
cblr-14249	30	26	there	there	ADV
cblr-14249	30	27	.	.	PUNCT
cblr-14249	31	1	in	in	ADP
cblr-14249	31	2	a	a	DET
cblr-14249	31	3	democracy	democracy	NOUN
cblr-14249	31	4	that	that	PRON
cblr-14249	31	5	necessarily	necessarily	ADV
cblr-14249	31	6	undergoes	undergo	VERB
cblr-14249	31	7	regular	regular	ADJ
cblr-14249	31	8	leadership	leadership	NOUN
cblr-14249	31	9	changes	change	NOUN
cblr-14249	31	10	,	,	PUNCT
cblr-14249	31	11	it	it	PRON
cblr-14249	31	12	is	be	AUX
cblr-14249	31	13	a	a	DET
cblr-14249	31	14	reminder	reminder	NOUN
cblr-14249	31	15	that	that	SCONJ
cblr-14249	31	16	our	our	PRON
cblr-14249	31	17	greatest	great	ADJ
cblr-14249	31	18	public	public	ADJ
cblr-14249	31	19	accomplishments	accomplishment	NOUN
cblr-14249	31	20	can	can	AUX
cblr-14249	31	21	,	,	PUNCT
cblr-14249	31	22	and	and	CCONJ
cblr-14249	31	23	often	often	ADV
cblr-14249	31	24	must	must	AUX
cblr-14249	31	25	,	,	PUNCT
cblr-14249	31	26	depend	depend	VERB
cblr-14249	31	27	on	on	ADP
cblr-14249	31	28	years	year	NOUN
cblr-14249	31	29	of	of	ADP
cblr-14249	31	30	bipartisan	bipartisan	ADJ
cblr-14249	31	31	effort	effort	NOUN
cblr-14249	31	32	.	.	PUNCT
cblr-14249	32	1	competition	competition	NOUN
cblr-14249	32	2	law	law	NOUN
cblr-14249	32	3	is	be	AUX
cblr-14249	32	4	no	no	DET
cblr-14249	32	5	moon	moon	NOUN
cblr-14249	32	6	landing	landing	NOUN
cblr-14249	32	7	,	,	PUNCT
cblr-14249	32	8	but	but	CCONJ
cblr-14249	32	9	we	we	PRON
cblr-14249	32	10	see	see	VERB
cblr-14249	32	11	a	a	DET
cblr-14249	32	12	similar	similar	ADJ
cblr-14249	32	13	thread	thread	NOUN
cblr-14249	32	14	of	of	ADP
cblr-14249	32	15	bipartisanship	bipartisanship	NOUN
cblr-14249	32	16	in	in	ADP
cblr-14249	32	17	the	the	DET
cblr-14249	32	18	antitrust	antitrust	ADJ
cblr-14249	32	19	revival	revival	NOUN
cblr-14249	32	20	now	now	ADV
cblr-14249	32	21	underway	underway	ADJ
cblr-14249	32	22	.	.	PUNCT
cblr-14249	33	1	for	for	ADP
cblr-14249	33	2	example	example	NOUN
cblr-14249	33	3	,	,	PUNCT
cblr-14249	33	4	the	the	DET
cblr-14249	33	5	doj	doj	PROPN
cblr-14249	33	6	investigated	investigate	VERB
cblr-14249	33	7	and	and	CCONJ
cblr-14249	33	8	filed	file	VERB
cblr-14249	33	9	the	the	DET
cblr-14249	33	10	google	google	PROPN
cblr-14249	33	11	search	search	NOUN
cblr-14249	33	12	monopolization	monopolization	NOUN
cblr-14249	33	13	case	case	NOUN
cblr-14249	33	14	in	in	ADP
cblr-14249	33	15	2020	2020	NUM
cblr-14249	33	16	,	,	PUNCT
cblr-14249	33	17	and	and	CCONJ
cblr-14249	33	18	it	it	PRON
cblr-14249	33	19	succeeded	succeed	VERB
cblr-14249	33	20	at	at	ADP
cblr-14249	33	21	trial	trial	NOUN
cblr-14249	33	22	in	in	ADP
cblr-14249	33	23	2024.3	2024.3	NUM
cblr-14249	33	24	i	i	PRON
cblr-14249	33	25	had	have	VERB
cblr-14249	33	26	the	the	DET
cblr-14249	33	27	privilege	privilege	NOUN
cblr-14249	33	28	to	to	PART
cblr-14249	33	29	support	support	VERB
cblr-14249	33	30	that	that	DET
cblr-14249	33	31	matter	matter	NOUN
cblr-14249	33	32	in	in	ADP
cblr-14249	33	33	two	two	NUM
cblr-14249	33	34	administrations	administration	NOUN
cblr-14249	33	35	,	,	PUNCT
cblr-14249	33	36	and	and	CCONJ
cblr-14249	33	37	as	as	SCONJ
cblr-14249	33	38	the	the	DET
cblr-14249	33	39	remedies	remedy	NOUN
cblr-14249	33	40	phase	phase	NOUN
cblr-14249	33	41	began	begin	VERB
cblr-14249	33	42	in	in	ADP
cblr-14249	33	43	january	january	PROPN
cblr-14249	33	44	2025	2025	NUM
cblr-14249	33	45	,	,	PUNCT
cblr-14249	33	46	a	a	DET
cblr-14249	33	47	third	third	ADJ
cblr-14249	33	48	administration	administration	NOUN
cblr-14249	33	49	now	now	ADV
cblr-14249	33	50	oversees	oversee	VERB
cblr-14249	33	51	the	the	DET
cblr-14249	33	52	matter	matter	NOUN
cblr-14249	33	53	.	.	PUNCT
cblr-14249	34	1	the	the	DET
cblr-14249	34	2	recent	recent	ADJ
cblr-14249	34	3	history	history	NOUN
cblr-14249	34	4	of	of	ADP
cblr-14249	34	5	enforcement	enforcement	NOUN
cblr-14249	34	6	against	against	ADP
cblr-14249	34	7	mergers	merger	NOUN
cblr-14249	34	8	involving	involve	VERB
cblr-14249	34	9	products	product	NOUN
cblr-14249	34	10	and	and	CCONJ
cblr-14249	34	11	services	service	NOUN
cblr-14249	34	12	on	on	ADP
cblr-14249	34	13	which	which	PRON
cblr-14249	34	14	rivals	rival	NOUN
cblr-14249	34	15	rely	rely	VERB
cblr-14249	34	16	to	to	PART
cblr-14249	34	17	compete	compete	VERB
cblr-14249	34	18	,	,	PUNCT
cblr-14249	34	19	sometimes	sometimes	ADV
cblr-14249	34	20	called	call	VERB
cblr-14249	34	21	vertical	vertical	ADJ
cblr-14249	34	22	mergers	merger	NOUN
cblr-14249	34	23	,	,	PUNCT
cblr-14249	34	24	is	be	AUX
cblr-14249	34	25	another	another	DET
cblr-14249	34	26	example	example	NOUN
cblr-14249	34	27	of	of	ADP
cblr-14249	34	28	a	a	DET
cblr-14249	34	29	multi	multi	ADJ
cblr-14249	34	30	-	-	ADJ
cblr-14249	34	31	administration	administration	ADJ
cblr-14249	34	32	antitrust	antitrust	ADJ
cblr-14249	34	33	accomplishment	accomplishment	NOUN
cblr-14249	34	34	.	.	PUNCT
cblr-14249	35	1	the	the	DET
cblr-14249	35	2	challenges	challenge	NOUN
cblr-14249	35	3	we	we	PRON
cblr-14249	35	4	faced	face	VERB
cblr-14249	35	5	litigating	litigate	VERB
cblr-14249	35	6	at&t	at&t	PROPN
cblr-14249	35	7	/	/	SYM
cblr-14249	35	8	time	time	NOUN
cblr-14249	35	9	warner	warner	PROPN
cblr-14249	35	10	perfectly	perfectly	ADV
cblr-14249	35	11	tees	tee	VERB
cblr-14249	35	12	up	up	ADP
cblr-14249	35	13	the	the	DET
cblr-14249	35	14	topic	topic	NOUN
cblr-14249	35	15	of	of	ADP
cblr-14249	35	16	this	this	DET
cblr-14249	35	17	lecture	lecture	NOUN
cblr-14249	35	18	.	.	PUNCT
cblr-14249	36	1	to	to	PART
cblr-14249	36	2	cut	cut	VERB
cblr-14249	36	3	to	to	ADP
cblr-14249	36	4	the	the	DET
cblr-14249	36	5	chase	chase	NOUN
cblr-14249	36	6	,	,	PUNCT
cblr-14249	36	7	my	my	PRON
cblr-14249	36	8	thesis	thesis	NOUN
cblr-14249	36	9	is	be	AUX
cblr-14249	36	10	this	this	PRON
cblr-14249	36	11	:	:	PUNCT
cblr-14249	36	12	the	the	DET
cblr-14249	36	13	holdings	holding	NOUN
cblr-14249	36	14	from	from	ADP
cblr-14249	36	15	the	the	DET
cblr-14249	36	16	1960s	1960	NOUN
cblr-14249	36	17	merger	merger	NOUN
cblr-14249	36	18	cases	case	NOUN
cblr-14249	36	19	remain	remain	VERB
cblr-14249	36	20	vibrant	vibrant	ADJ
cblr-14249	36	21	parts	part	NOUN
cblr-14249	36	22	of	of	ADP
cblr-14249	36	23	the	the	DET
cblr-14249	36	24	modern	modern	ADJ
cblr-14249	36	25	antitrust	antitrust	ADJ
cblr-14249	36	26	landscape	landscape	NOUN
cblr-14249	36	27	and	and	CCONJ
cblr-14249	36	28	would	would	AUX
cblr-14249	36	29	therefore	therefore	ADV
cblr-14249	36	30	be	be	AUX
cblr-14249	36	31	affirmed	affirm	VERB
cblr-14249	36	32	today	today	NOUN
cblr-14249	36	33	,	,	PUNCT
cblr-14249	36	34	even	even	ADV
cblr-14249	36	35	if	if	SCONJ
cblr-14249	36	36	some	some	PRON
cblr-14249	36	37	of	of	ADP
cblr-14249	36	38	their	their	PRON
cblr-14249	36	39	outdated	outdated	ADJ
cblr-14249	36	40	economic	economic	ADJ
cblr-14249	36	41	analyses	analysis	NOUN
cblr-14249	36	42	do	do	AUX
cblr-14249	36	43	not	not	PART
cblr-14249	36	44	form	form	VERB
cblr-14249	36	45	a	a	DET
cblr-14249	36	46	question	question	NOUN
cblr-14249	36	47	presented	present	VERB
cblr-14249	36	48	for	for	ADP
cblr-14249	36	49	supreme	supreme	PROPN
cblr-14249	36	50	court	court	PROPN
cblr-14249	36	51	review	review	PROPN
cblr-14249	36	52	.	.	PUNCT
cblr-14249	37	1	in	in	ADP
cblr-14249	37	2	at&t	at&t	PROPN
cblr-14249	37	3	/	/	SYM
cblr-14249	37	4	time	time	NOUN
cblr-14249	37	5	warner	warner	PROPN
cblr-14249	37	6	,	,	PUNCT
cblr-14249	37	7	we	we	PRON
cblr-14249	37	8	faced	face	VERB
cblr-14249	37	9	the	the	DET
cblr-14249	37	10	challenge	challenge	NOUN
cblr-14249	37	11	of	of	ADP
cblr-14249	37	12	determining	determine	VERB
cblr-14249	37	13	how	how	SCONJ
cblr-14249	37	14	older	old	ADJ
cblr-14249	37	15	legal	legal	ADJ
cblr-14249	37	16	analysis	analysis	NOUN
cblr-14249	37	17	in	in	ADP
cblr-14249	37	18	1960s	1960	NOUN
cblr-14249	37	19	and	and	CCONJ
cblr-14249	37	20	1970s	1970	NOUN
cblr-14249	37	21	merger	merger	NOUN
cblr-14249	37	22	cases	case	NOUN
cblr-14249	37	23	fit	fit	ADJ
cblr-14249	37	24	into	into	ADP
cblr-14249	37	25	the	the	DET
cblr-14249	37	26	tapestry	tapestry	NOUN
cblr-14249	37	27	of	of	ADP
cblr-14249	37	28	modern	modern	ADJ
cblr-14249	37	29	antitrust	antitrust	ADJ
cblr-14249	37	30	law	law	NOUN
cblr-14249	37	31	.	.	PUNCT
cblr-14249	38	1	the	the	DET
cblr-14249	38	2	last	last	ADJ
cblr-14249	38	3	merger	merger	NOUN
cblr-14249	38	4	case	case	NOUN
cblr-14249	38	5	decided	decide	VERB
cblr-14249	38	6	by	by	ADP
cblr-14249	38	7	the	the	DET
cblr-14249	38	8	supreme	supreme	PROPN
cblr-14249	38	9	court	court	PROPN
cblr-14249	38	10	that	that	PRON
cblr-14249	38	11	did	do	AUX
cblr-14249	38	12	n’t	not	PART
cblr-14249	38	13	3	3	NUM
cblr-14249	38	14	see	see	VERB
cblr-14249	38	15	united	united	PROPN
cblr-14249	38	16	states	states	PROPN
cblr-14249	38	17	v.	v.	PROPN
cblr-14249	38	18	google	google	PROPN
cblr-14249	38	19	llc	llc	PROPN
cblr-14249	38	20	,	,	PUNCT
cblr-14249	38	21	no	no	INTJ
cblr-14249	38	22	.	.	NOUN
cblr-14249	38	23	20	20	NUM
cblr-14249	38	24	-	-	PUNCT
cblr-14249	38	25	cv-3010	cv-3010	NOUN
cblr-14249	38	26	(	(	PUNCT
cblr-14249	38	27	apm	apm	PROPN
cblr-14249	38	28	)	)	PUNCT
cblr-14249	38	29	,	,	PUNCT
cblr-14249	38	30	2024	2024	NUM
cblr-14249	38	31	wl	wl	X
cblr-14249	38	32	3647498	3647498	NUM
cblr-14249	38	33	(	(	PUNCT
cblr-14249	38	34	d.d.c	d.d.c	PROPN
cblr-14249	38	35	.	.	PUNCT
cblr-14249	38	36	aug	aug	PROPN
cblr-14249	38	37	.	.	PROPN
cblr-14249	38	38	5	5	NUM
cblr-14249	38	39	,	,	PUNCT
cblr-14249	38	40	2024	2024	NUM
cblr-14249	38	41	)	)	PUNCT
cblr-14249	38	42	.	.	PUNCT
cblr-14249	39	1	102	102	NUM
cblr-14249	39	2	columbia	columbia	PROPN
cblr-14249	39	3	business	business	PROPN
cblr-14249	39	4	law	law	PROPN
cblr-14249	39	5	review	review	NOUN
cblr-14249	39	6	[	[	X
cblr-14249	39	7	vol	vol	NOUN
cblr-14249	39	8	.	.	PUNCT
cblr-14249	39	9	2025	2025	NUM
cblr-14249	39	10	involve	involve	VERB
cblr-14249	39	11	head	head	NOUN
cblr-14249	39	12	-	-	PUNCT
cblr-14249	39	13	to	to	ADP
cblr-14249	39	14	-	-	PUNCT
cblr-14249	39	15	head	head	NOUN
cblr-14249	39	16	competitors	competitor	NOUN
cblr-14249	39	17	was	be	AUX
cblr-14249	39	18	ford	ford	PROPN
cblr-14249	39	19	autolite	autolite	PROPN
cblr-14249	39	20	in	in	ADP
cblr-14249	39	21	1972.4	1972.4	NUM
cblr-14249	39	22	if	if	SCONJ
cblr-14249	39	23	you	you	PRON
cblr-14249	39	24	have	have	AUX
cblr-14249	39	25	n’t	not	PART
cblr-14249	39	26	read	read	VERB
cblr-14249	39	27	it	it	PRON
cblr-14249	39	28	lately	lately	ADV
cblr-14249	39	29	,	,	PUNCT
cblr-14249	39	30	the	the	DET
cblr-14249	39	31	economic	economic	ADJ
cblr-14249	39	32	analysis	analysis	NOUN
cblr-14249	39	33	reads	read	VERB
cblr-14249	39	34	like	like	SCONJ
cblr-14249	39	35	it	it	PRON
cblr-14249	39	36	was	be	AUX
cblr-14249	39	37	written	write	VERB
cblr-14249	39	38	in	in	ADP
cblr-14249	39	39	a	a	DET
cblr-14249	39	40	different	different	ADJ
cblr-14249	39	41	language	language	NOUN
cblr-14249	39	42	than	than	SCONJ
cblr-14249	39	43	we	we	PRON
cblr-14249	39	44	use	use	VERB
cblr-14249	39	45	today	today	NOUN
cblr-14249	39	46	.	.	PUNCT
cblr-14249	40	1	the	the	DET
cblr-14249	40	2	court	court	NOUN
cblr-14249	40	3	was	be	AUX
cblr-14249	40	4	dealing	deal	VERB
cblr-14249	40	5	with	with	ADP
cblr-14249	40	6	this	this	DET
cblr-14249	40	7	challenge	challenge	NOUN
cblr-14249	40	8	too	too	ADV
cblr-14249	40	9	.	.	PUNCT
cblr-14249	41	1	at	at	ADP
cblr-14249	41	2	one	one	NUM
cblr-14249	41	3	point	point	NOUN
cblr-14249	41	4	,	,	PUNCT
cblr-14249	41	5	the	the	DET
cblr-14249	41	6	judge	judge	NOUN
cblr-14249	41	7	asked	ask	VERB
cblr-14249	41	8	the	the	DET
cblr-14249	41	9	parties	party	NOUN
cblr-14249	41	10	to	to	PART
cblr-14249	41	11	submit	submit	VERB
cblr-14249	41	12	their	their	PRON
cblr-14249	41	13	views	view	NOUN
cblr-14249	41	14	as	as	ADP
cblr-14249	41	15	to	to	ADP
cblr-14249	41	16	the	the	DET
cblr-14249	41	17	applicable	applicable	ADJ
cblr-14249	41	18	legal	legal	ADJ
cblr-14249	41	19	framework	framework	NOUN
cblr-14249	41	20	in	in	ADP
cblr-14249	41	21	a	a	DET
cblr-14249	41	22	standalone	standalone	ADJ
cblr-14249	41	23	pre	pre	ADJ
cblr-14249	41	24	-	-	ADJ
cblr-14249	41	25	trial	trial	ADJ
cblr-14249	41	26	submission.5	submission.5	PROPN
cblr-14249	41	27	andrew	andrew	PROPN
cblr-14249	41	28	had	have	VERB
cblr-14249	41	29	the	the	DET
cblr-14249	41	30	wisdom	wisdom	NOUN
cblr-14249	41	31	not	not	PART
cblr-14249	41	32	to	to	PART
cblr-14249	41	33	rely	rely	VERB
cblr-14249	41	34	on	on	ADP
cblr-14249	41	35	me	i	PRON
cblr-14249	41	36	to	to	PART
cblr-14249	41	37	answer	answer	VERB
cblr-14249	41	38	this	this	DET
cblr-14249	41	39	question	question	NOUN
cblr-14249	41	40	alone	alone	ADV
cblr-14249	41	41	.	.	PUNCT
cblr-14249	42	1	he	he	PRON
cblr-14249	42	2	assigned	assign	VERB
cblr-14249	42	3	our	our	PRON
cblr-14249	42	4	moderator	moderator	NOUN
cblr-14249	42	5	,	,	PUNCT
cblr-14249	42	6	taylor	taylor	PROPN
cblr-14249	42	7	owings	owings	PROPN
cblr-14249	42	8	,	,	PUNCT
cblr-14249	42	9	to	to	PART
cblr-14249	42	10	help	help	VERB
cblr-14249	42	11	me	i	PRON
cblr-14249	42	12	draft	draft	VERB
cblr-14249	42	13	our	our	PRON
cblr-14249	42	14	trial	trial	NOUN
cblr-14249	42	15	statement	statement	NOUN
cblr-14249	42	16	on	on	ADP
cblr-14249	42	17	the	the	DET
cblr-14249	42	18	burden	burden	NOUN
cblr-14249	42	19	of	of	ADP
cblr-14249	42	20	proof	proof	NOUN
cblr-14249	42	21	.	.	PUNCT
cblr-14249	43	1	and	and	CCONJ
cblr-14249	43	2	so	so	ADV
cblr-14249	43	3	,	,	PUNCT
cblr-14249	43	4	we	we	PRON
cblr-14249	43	5	undertook	undertake	VERB
cblr-14249	43	6	a	a	DET
cblr-14249	43	7	project	project	NOUN
cblr-14249	43	8	much	much	ADJ
cblr-14249	43	9	like	like	SCONJ
cblr-14249	43	10	we	we	PRON
cblr-14249	43	11	are	be	AUX
cblr-14249	43	12	undertaking	undertake	VERB
cblr-14249	43	13	this	this	DET
cblr-14249	43	14	morning	morning	NOUN
cblr-14249	43	15	.	.	PUNCT
cblr-14249	44	1	we	we	PRON
cblr-14249	44	2	pored	pore	VERB
cblr-14249	44	3	through	through	ADP
cblr-14249	44	4	both	both	CCONJ
cblr-14249	44	5	the	the	DET
cblr-14249	44	6	older	old	ADJ
cblr-14249	44	7	precedents	precedent	NOUN
cblr-14249	44	8	and	and	CCONJ
cblr-14249	44	9	the	the	DET
cblr-14249	44	10	modern	modern	ADJ
cblr-14249	44	11	cases	case	NOUN
cblr-14249	44	12	to	to	PART
cblr-14249	44	13	find	find	VERB
cblr-14249	44	14	a	a	DET
cblr-14249	44	15	way	way	NOUN
cblr-14249	44	16	to	to	PART
cblr-14249	44	17	give	give	VERB
cblr-14249	44	18	voice	voice	NOUN
cblr-14249	44	19	to	to	ADP
cblr-14249	44	20	binding	bind	VERB
cblr-14249	44	21	case	case	NOUN
cblr-14249	44	22	law	law	NOUN
cblr-14249	44	23	in	in	ADP
cblr-14249	44	24	a	a	DET
cblr-14249	44	25	way	way	NOUN
cblr-14249	44	26	that	that	PRON
cblr-14249	44	27	rhymed	rhyme	VERB
cblr-14249	44	28	with	with	ADP
cblr-14249	44	29	modern	modern	ADJ
cblr-14249	44	30	principles	principle	NOUN
cblr-14249	44	31	.	.	PUNCT
cblr-14249	45	1	ultimately	ultimately	ADV
cblr-14249	45	2	,	,	PUNCT
cblr-14249	45	3	we	we	PRON
cblr-14249	45	4	found	find	VERB
cblr-14249	45	5	a	a	DET
cblr-14249	45	6	reasonable	reasonable	ADJ
cblr-14249	45	7	way	way	NOUN
cblr-14249	45	8	to	to	PART
cblr-14249	45	9	fold	fold	VERB
cblr-14249	45	10	together	together	ADV
cblr-14249	45	11	still	still	ADV
cblr-14249	45	12	-	-	PUNCT
cblr-14249	45	13	binding	bind	VERB
cblr-14249	45	14	concepts	concept	NOUN
cblr-14249	45	15	from	from	ADP
cblr-14249	45	16	procter	procter	PROPN
cblr-14249	45	17	&	&	CCONJ
cblr-14249	45	18	gamble6	gamble6	PROPN
cblr-14249	45	19	and	and	CCONJ
cblr-14249	45	20	philadelphia	philadelphia	PROPN
cblr-14249	45	21	national	national	ADJ
cblr-14249	45	22	bank7	bank7	NOUN
cblr-14249	45	23	with	with	ADP
cblr-14249	45	24	the	the	DET
cblr-14249	45	25	modern	modern	ADJ
cblr-14249	45	26	burdenshifting	burdenshifting	NOUN
cblr-14249	45	27	framework	framework	NOUN
cblr-14249	45	28	created	create	VERB
cblr-14249	45	29	in	in	ADP
cblr-14249	45	30	general	general	ADJ
cblr-14249	45	31	dynamics.8	dynamics.8	PROPN
cblr-14249	45	32	we	we	PRON
cblr-14249	45	33	4	4	NUM
cblr-14249	45	34	ford	ford	PROPN
cblr-14249	45	35	motor	motor	PROPN
cblr-14249	45	36	co.	co.	PROPN
cblr-14249	45	37	v.	v.	PROPN
cblr-14249	45	38	united	united	PROPN
cblr-14249	45	39	states	states	PROPN
cblr-14249	45	40	,	,	PUNCT
cblr-14249	46	1	405	405	NUM
cblr-14249	46	2	u.s	u.s	PROPN
cblr-14249	46	3	.	.	PROPN
cblr-14249	46	4	562	562	NUM
cblr-14249	46	5	,	,	PUNCT
cblr-14249	46	6	568	568	NUM
cblr-14249	46	7	(	(	PUNCT
cblr-14249	46	8	1972	1972	NUM
cblr-14249	46	9	)	)	PUNCT
cblr-14249	46	10	.	.	PUNCT
cblr-14249	47	1	5	5	NUM
cblr-14249	47	2	see	see	VERB
cblr-14249	47	3	generally	generally	ADV
cblr-14249	47	4	united	united	PROPN
cblr-14249	47	5	states	states	PROPN
cblr-14249	47	6	v.	v.	CCONJ
cblr-14249	47	7	at	at	ADP
cblr-14249	47	8	&	&	CCONJ
cblr-14249	47	9	t	t	PROPN
cblr-14249	47	10	inc	inc	PROPN
cblr-14249	47	11	.	.	PROPN
cblr-14249	47	12	,	,	PUNCT
cblr-14249	47	13	310	310	NUM
cblr-14249	47	14	f.	f.	PROPN
cblr-14249	47	15	supp	supp	PROPN
cblr-14249	47	16	.	.	PUNCT
cblr-14249	48	1	3d	3d	NUM
cblr-14249	48	2	161	161	NUM
cblr-14249	48	3	(	(	PUNCT
cblr-14249	48	4	d.d.c	d.d.c	PROPN
cblr-14249	48	5	.	.	PROPN
cblr-14249	48	6	2018	2018	NUM
cblr-14249	48	7	)	)	PUNCT
cblr-14249	49	1	(	(	PUNCT
cblr-14249	49	2	joint	joint	ADJ
cblr-14249	49	3	statement	statement	NOUN
cblr-14249	49	4	on	on	ADP
cblr-14249	49	5	the	the	DET
cblr-14249	49	6	burden	burden	NOUN
cblr-14249	49	7	of	of	ADP
cblr-14249	49	8	proof	proof	NOUN
cblr-14249	49	9	at	at	ADP
cblr-14249	49	10	trial	trial	NOUN
cblr-14249	49	11	)	)	PUNCT
cblr-14249	49	12	,	,	PUNCT
cblr-14249	49	13	aff'd	aff'd	NOUN
cblr-14249	49	14	sub	sub	PROPN
cblr-14249	49	15	nom	nom	PROPN
cblr-14249	49	16	.	.	PROPN
cblr-14249	49	17	united	united	PROPN
cblr-14249	49	18	states	states	PROPN
cblr-14249	49	19	v.	v.	PROPN
cblr-14249	49	20	at&t	at&t	PROPN
cblr-14249	49	21	,	,	PUNCT
cblr-14249	49	22	inc	inc	PROPN
cblr-14249	49	23	.	.	PROPN
cblr-14249	49	24	,	,	PUNCT
cblr-14249	49	25	916	916	NUM
cblr-14249	49	26	f.3d	f.3d	NUM
cblr-14249	49	27	1029	1029	NUM
cblr-14249	49	28	(	(	PUNCT
cblr-14249	49	29	d.c	d.c	PROPN
cblr-14249	49	30	.	.	PROPN
cblr-14249	49	31	cir	cir	PROPN
cblr-14249	49	32	.	.	PROPN
cblr-14249	49	33	2019	2019	NUM
cblr-14249	49	34	)	)	PUNCT
cblr-14249	49	35	,	,	PUNCT
cblr-14249	49	36	https://www.justice.gov/atr/casedocument/file/1043756/dl?inline	https://www.justice.gov/atr/casedocument/file/1043756/dl?inline	PROPN
cblr-14249	50	1	[	[	X
cblr-14249	50	2	https://perma.cc/q3t8fdny	https://perma.cc/q3t8fdny	X
cblr-14249	50	3	]	]	X
cblr-14249	50	4	.	.	PUNCT
cblr-14249	50	5	6	6	NUM
cblr-14249	50	6	fed	feed	VERB
cblr-14249	50	7	.	.	PUNCT
cblr-14249	51	1	trade	trade	NOUN
cblr-14249	51	2	comm’n	comm’n	NOUN
cblr-14249	51	3	v.	v.	ADP
cblr-14249	51	4	procter	procter	PROPN
cblr-14249	51	5	&	&	CCONJ
cblr-14249	51	6	gamble	gamble	PROPN
cblr-14249	51	7	co.	co.	PROPN
cblr-14249	51	8	,	,	PUNCT
cblr-14249	51	9	386	386	NUM
cblr-14249	51	10	u.s	u.s	PROPN
cblr-14249	51	11	.	.	PROPN
cblr-14249	51	12	568	568	NUM
cblr-14249	51	13	(	(	PUNCT
cblr-14249	51	14	1967	1967	NUM
cblr-14249	51	15	)	)	PUNCT
cblr-14249	51	16	.	.	PUNCT
cblr-14249	52	1	7	7	NUM
cblr-14249	52	2	united	united	PROPN
cblr-14249	52	3	states	states	PROPN
cblr-14249	52	4	v.	v.	ADP
cblr-14249	52	5	philadelphia	philadelphia	PROPN
cblr-14249	52	6	nat’l	nat’l	PROPN
cblr-14249	52	7	bank	bank	PROPN
cblr-14249	52	8	,	,	PUNCT
cblr-14249	52	9	374	374	NUM
cblr-14249	52	10	u.s	u.s	PROPN
cblr-14249	52	11	.	.	PROPN
cblr-14249	52	12	321	321	NUM
cblr-14249	52	13	(	(	PUNCT
cblr-14249	52	14	1963	1963	NUM
cblr-14249	52	15	)	)	PUNCT
cblr-14249	52	16	.	.	PUNCT
cblr-14249	52	17	8	8	NUM
cblr-14249	52	18	united	united	PROPN
cblr-14249	52	19	states	states	PROPN
cblr-14249	52	20	v.	v.	ADP
cblr-14249	52	21	gen	gen	PROPN
cblr-14249	52	22	.	.	PROPN
cblr-14249	52	23	dynamics	dynamics	PROPN
cblr-14249	52	24	corp	corp	PROPN
cblr-14249	52	25	.	.	PROPN
cblr-14249	52	26	,	,	PUNCT
cblr-14249	52	27	476	476	NUM
cblr-14249	52	28	u.s	u.s	PROPN
cblr-14249	52	29	.	.	PROPN
cblr-14249	52	30	1181	1181	NUM
cblr-14249	52	31	(	(	PUNCT
cblr-14249	52	32	1986	1986	NUM
cblr-14249	52	33	)	)	PUNCT
cblr-14249	52	34	.	.	PUNCT
cblr-14249	53	1	no	no	INTJ
cblr-14249	53	2	.	.	NOUN
cblr-14249	54	1	1	1	NUM
cblr-14249	54	2	]	]	X
cblr-14249	54	3	contemporary	contemporary	ADJ
cblr-14249	54	4	merger	merger	NOUN
cblr-14249	54	5	review	review	NOUN
cblr-14249	54	6	under	under	ADP
cblr-14249	54	7	the	the	DET
cblr-14249	54	8	rule	rule	NOUN
cblr-14249	54	9	of	of	ADP
cblr-14249	54	10	law	law	NOUN
cblr-14249	54	11	103	103	NUM
cblr-14249	54	12	borrowed	borrow	VERB
cblr-14249	54	13	the	the	DET
cblr-14249	54	14	concept	concept	NOUN
cblr-14249	54	15	of	of	ADP
cblr-14249	54	16	burden	burden	NOUN
cblr-14249	54	17	-	-	PUNCT
cblr-14249	54	18	shifting	shift	VERB
cblr-14249	54	19	from	from	ADP
cblr-14249	54	20	baker	baker	PROPN
cblr-14249	54	21	hughes9	hughes9	PROPN
cblr-14249	54	22	and	and	CCONJ
cblr-14249	54	23	other	other	ADJ
cblr-14249	54	24	structural	structural	ADJ
cblr-14249	54	25	presumption	presumption	NOUN
cblr-14249	54	26	cases	case	NOUN
cblr-14249	54	27	,	,	PUNCT
cblr-14249	54	28	but	but	CCONJ
cblr-14249	54	29	explained	explain	VERB
cblr-14249	54	30	how	how	SCONJ
cblr-14249	54	31	it	it	PRON
cblr-14249	54	32	should	should	AUX
cblr-14249	54	33	also	also	ADV
cblr-14249	54	34	apply	apply	VERB
cblr-14249	54	35	when	when	SCONJ
cblr-14249	54	36	a	a	DET
cblr-14249	54	37	plaintiff	plaintiff	NOUN
cblr-14249	54	38	makes	make	VERB
cblr-14249	54	39	a	a	DET
cblr-14249	54	40	“	"	PUNCT
cblr-14249	54	41	fact	fact	NOUN
cblr-14249	54	42	-	-	PUNCT
cblr-14249	54	43	specific	specific	ADJ
cblr-14249	54	44	”	"	PUNCT
cblr-14249	54	45	showing	show	VERB
cblr-14249	54	46	that	that	SCONJ
cblr-14249	54	47	the	the	DET
cblr-14249	54	48	merger	merger	NOUN
cblr-14249	54	49	’s	’s	PART
cblr-14249	54	50	effect	effect	NOUN
cblr-14249	54	51	may	may	AUX
cblr-14249	54	52	be	be	AUX
cblr-14249	54	53	to	to	PART
cblr-14249	54	54	substantially	substantially	ADV
cblr-14249	54	55	lessen	lessen	VERB
cblr-14249	54	56	competition.10	competition.10	ADV
cblr-14249	54	57	of	of	ADP
cblr-14249	54	58	course	course	NOUN
cblr-14249	54	59	we	we	PRON
cblr-14249	54	60	lost	lose	VERB
cblr-14249	54	61	that	that	DET
cblr-14249	54	62	case	case	NOUN
cblr-14249	54	63	on	on	ADP
cblr-14249	54	64	the	the	DET
cblr-14249	54	65	facts	fact	NOUN
cblr-14249	54	66	,	,	PUNCT
cblr-14249	54	67	but	but	CCONJ
cblr-14249	54	68	the	the	DET
cblr-14249	54	69	courts	court	NOUN
cblr-14249	54	70	agreed	agree	VERB
cblr-14249	54	71	with	with	ADP
cblr-14249	54	72	our	our	PRON
cblr-14249	54	73	approach	approach	NOUN
cblr-14249	54	74	to	to	PART
cblr-14249	54	75	apply	apply	VERB
cblr-14249	54	76	burden	burden	NOUN
cblr-14249	54	77	shifting	shift	VERB
cblr-14249	54	78	for	for	ADP
cblr-14249	54	79	the	the	DET
cblr-14249	54	80	burden	burden	NOUN
cblr-14249	54	81	of	of	ADP
cblr-14249	54	82	proof	proof	NOUN
cblr-14249	54	83	,	,	PUNCT
cblr-14249	54	84	even	even	ADV
cblr-14249	54	85	in	in	ADP
cblr-14249	54	86	a	a	DET
cblr-14249	54	87	merger	merger	NOUN
cblr-14249	54	88	case	case	NOUN
cblr-14249	54	89	with	with	ADP
cblr-14249	54	90	no	no	DET
cblr-14249	54	91	structural	structural	ADJ
cblr-14249	54	92	presumption	presumption	NOUN
cblr-14249	54	93	.	.	PUNCT
cblr-14249	55	1	the	the	DET
cblr-14249	55	2	2019	2019	NUM
cblr-14249	55	3	d.c	d.c	PROPN
cblr-14249	55	4	.	.	PROPN
cblr-14249	55	5	circuit	circuit	PROPN
cblr-14249	55	6	opinion	opinion	NOUN
cblr-14249	55	7	quotes	quote	VERB
cblr-14249	55	8	that	that	SCONJ
cblr-14249	55	9	pretrial	pretrial	ADJ
cblr-14249	55	10	statement	statement	NOUN
cblr-14249	55	11	alongside	alongside	ADP
cblr-14249	55	12	brown	brown	ADJ
cblr-14249	55	13	shoe	shoe	NOUN
cblr-14249	55	14	in	in	ADP
cblr-14249	55	15	setting	set	VERB
cblr-14249	55	16	forth	forth	ADP
cblr-14249	55	17	what	what	PRON
cblr-14249	55	18	is	be	AUX
cblr-14249	55	19	now	now	ADV
cblr-14249	55	20	widely	widely	ADV
cblr-14249	55	21	accepted	accept	VERB
cblr-14249	55	22	as	as	ADP
cblr-14249	55	23	the	the	DET
cblr-14249	55	24	appropriate	appropriate	ADJ
cblr-14249	55	25	doctrinal	doctrinal	ADJ
cblr-14249	55	26	path	path	NOUN
cblr-14249	55	27	to	to	ADP
cblr-14249	55	28	evaluating	evaluate	VERB
cblr-14249	55	29	a	a	DET
cblr-14249	55	30	non	non	ADJ
cblr-14249	55	31	-	-	ADJ
cblr-14249	55	32	horizontal	horizontal	ADJ
cblr-14249	55	33	merger.11	merger.11	NOUN
cblr-14249	55	34	first	first	ADV
cblr-14249	55	35	,	,	PUNCT
cblr-14249	55	36	the	the	DET
cblr-14249	55	37	court	court	NOUN
cblr-14249	55	38	should	should	AUX
cblr-14249	55	39	examine	examine	VERB
cblr-14249	55	40	plaintiff	plaintiff	NOUN
cblr-14249	55	41	’s	’s	PART
cblr-14249	55	42	fact	fact	NOUN
cblr-14249	55	43	-	-	PUNCT
cblr-14249	55	44	specific	specific	ADJ
cblr-14249	55	45	evidence	evidence	NOUN
cblr-14249	55	46	that	that	SCONJ
cblr-14249	55	47	the	the	DET
cblr-14249	55	48	merger	merger	NOUN
cblr-14249	55	49	may	may	AUX
cblr-14249	55	50	substantially	substantially	ADV
cblr-14249	55	51	lessen	lessen	VERB
cblr-14249	55	52	competition	competition	NOUN
cblr-14249	55	53	.	.	PUNCT
cblr-14249	56	1	then	then	ADV
cblr-14249	56	2	it	it	PRON
cblr-14249	56	3	turns	turn	VERB
cblr-14249	56	4	to	to	ADP
cblr-14249	56	5	examining	examine	VERB
cblr-14249	56	6	other	other	ADJ
cblr-14249	56	7	facts	fact	NOUN
cblr-14249	56	8	produced	produce	VERB
cblr-14249	56	9	by	by	ADP
cblr-14249	56	10	defendants	defendant	NOUN
cblr-14249	56	11	suggesting	suggest	VERB
cblr-14249	56	12	otherwise.12	otherwise.12	NOUN
cblr-14249	56	13	that	that	PRON
cblr-14249	56	14	opinion	opinion	NOUN
cblr-14249	56	15	was	be	AUX
cblr-14249	56	16	then	then	ADV
cblr-14249	56	17	relied	rely	VERB
cblr-14249	56	18	on	on	ADP
cblr-14249	56	19	to	to	PART
cblr-14249	56	20	develop	develop	VERB
cblr-14249	56	21	the	the	DET
cblr-14249	56	22	2020	2020	NUM
cblr-14249	56	23	vertical	vertical	ADJ
cblr-14249	56	24	guidelines	guideline	NOUN
cblr-14249	56	25	and	and	CCONJ
cblr-14249	56	26	2023	2023	NUM
cblr-14249	56	27	merger	merger	NOUN
cblr-14249	56	28	guidelines.13	guidelines.13	VERB
cblr-14249	56	29	a	a	DET
cblr-14249	56	30	reminder	reminder	NOUN
cblr-14249	56	31	to	to	PART
cblr-14249	56	32	never	never	ADV
cblr-14249	56	33	cut	cut	VERB
cblr-14249	56	34	corners	corner	NOUN
cblr-14249	56	35	on	on	ADP
cblr-14249	56	36	a	a	DET
cblr-14249	56	37	pretrial	pretrial	ADJ
cblr-14249	56	38	filing	filing	NOUN
cblr-14249	56	39	.	.	PUNCT
cblr-14249	57	1	9	9	NUM
cblr-14249	57	2	united	united	PROPN
cblr-14249	57	3	states	states	PROPN
cblr-14249	57	4	v.	v.	PROPN
cblr-14249	57	5	baker	baker	PROPN
cblr-14249	57	6	hughes	hughes	PROPN
cblr-14249	57	7	inc	inc	PROPN
cblr-14249	57	8	.	.	PROPN
cblr-14249	57	9	,	,	PUNCT
cblr-14249	57	10	908	908	NUM
cblr-14249	57	11	f.2d	f.2d	SYM
cblr-14249	57	12	981	981	NUM
cblr-14249	57	13	(	(	PUNCT
cblr-14249	57	14	d.c	d.c	PROPN
cblr-14249	57	15	.	.	PROPN
cblr-14249	57	16	cir	cir	PROPN
cblr-14249	57	17	.	.	PROPN
cblr-14249	57	18	1990	1990	NUM
cblr-14249	57	19	)	)	PUNCT
cblr-14249	57	20	.	.	PUNCT
cblr-14249	58	1	10	10	NUM
cblr-14249	58	2	united	united	PROPN
cblr-14249	58	3	states	states	PROPN
cblr-14249	58	4	v.	v.	CCONJ
cblr-14249	58	5	at	at	ADP
cblr-14249	58	6	&	&	CCONJ
cblr-14249	58	7	t	t	PROPN
cblr-14249	58	8	inc	inc	PROPN
cblr-14249	58	9	.	.	PROPN
cblr-14249	58	10	,	,	PUNCT
cblr-14249	58	11	310	310	NUM
cblr-14249	58	12	f.	f.	PROPN
cblr-14249	58	13	supp	supp	PROPN
cblr-14249	58	14	.	.	PUNCT
cblr-14249	59	1	3d	3d	NUM
cblr-14249	59	2	161	161	NUM
cblr-14249	59	3	,	,	PUNCT
cblr-14249	59	4	164	164	NUM
cblr-14249	59	5	(	(	PUNCT
cblr-14249	59	6	d.d.c	d.d.c	PROPN
cblr-14249	59	7	.	.	PROPN
cblr-14249	59	8	2018	2018	NUM
cblr-14249	59	9	)	)	PUNCT
cblr-14249	60	1	(	(	PUNCT
cblr-14249	60	2	joint	joint	ADJ
cblr-14249	60	3	statement	statement	NOUN
cblr-14249	60	4	on	on	ADP
cblr-14249	60	5	the	the	DET
cblr-14249	60	6	burden	burden	NOUN
cblr-14249	60	7	of	of	ADP
cblr-14249	60	8	proof	proof	NOUN
cblr-14249	60	9	at	at	ADP
cblr-14249	60	10	trial	trial	NOUN
cblr-14249	60	11	)	)	PUNCT
cblr-14249	60	12	,	,	PUNCT
cblr-14249	60	13	aff'd	aff'd	NOUN
cblr-14249	60	14	sub	sub	PROPN
cblr-14249	60	15	nom	nom	PROPN
cblr-14249	60	16	.	.	PROPN
cblr-14249	60	17	united	united	PROPN
cblr-14249	60	18	states	states	PROPN
cblr-14249	60	19	v.	v.	PROPN
cblr-14249	60	20	at&t	at&t	PROPN
cblr-14249	60	21	,	,	PUNCT
cblr-14249	60	22	inc	inc	PROPN
cblr-14249	60	23	.	.	PROPN
cblr-14249	60	24	,	,	PUNCT
cblr-14249	60	25	916	916	NUM
cblr-14249	60	26	f.3d	f.3d	NUM
cblr-14249	60	27	1029	1029	NUM
cblr-14249	60	28	(	(	PUNCT
cblr-14249	60	29	d.c	d.c	PROPN
cblr-14249	60	30	.	.	PROPN
cblr-14249	60	31	cir	cir	PROPN
cblr-14249	60	32	.	.	PROPN
cblr-14249	60	33	2019	2019	NUM
cblr-14249	60	34	)	)	PUNCT
cblr-14249	60	35	,	,	PUNCT
cblr-14249	60	36	https://www.justice.gov/atr/casedocument/file/1043756/dl?inline	https://www.justice.gov/atr/casedocument/file/1043756/dl?inline	PROPN
cblr-14249	61	1	[	[	X
cblr-14249	61	2	https://perma.cc/q3t8fdny	https://perma.cc/q3t8fdny	X
cblr-14249	61	3	]	]	X
cblr-14249	61	4	.	.	PUNCT
cblr-14249	61	5	11	11	NUM
cblr-14249	61	6	united	united	PROPN
cblr-14249	61	7	states	states	PROPN
cblr-14249	61	8	v.	v.	ADP
cblr-14249	61	9	at&t	at&t	PROPN
cblr-14249	61	10	,	,	PUNCT
cblr-14249	61	11	inc	inc	PROPN
cblr-14249	61	12	.	.	PROPN
cblr-14249	61	13	,	,	PUNCT
cblr-14249	61	14	916	916	NUM
cblr-14249	61	15	f.3d	f.3d	NUM
cblr-14249	61	16	1029	1029	NUM
cblr-14249	61	17	,	,	PUNCT
cblr-14249	61	18	1032	1032	NUM
cblr-14249	61	19	(	(	PUNCT
cblr-14249	61	20	d.c	d.c	PROPN
cblr-14249	61	21	.	.	PROPN
cblr-14249	61	22	cir	cir	PROPN
cblr-14249	61	23	.	.	PROPN
cblr-14249	62	1	2019	2019	NUM
cblr-14249	62	2	)	)	PUNCT
cblr-14249	62	3	.	.	PUNCT
cblr-14249	63	1	12	12	NUM
cblr-14249	64	1	i	i	PRON
cblr-14249	64	2	d.	d.	PROPN
cblr-14249	64	3	13	13	NUM
cblr-14249	64	4	see	see	VERB
cblr-14249	64	5	u.s	u.s	PROPN
cblr-14249	64	6	.	.	PROPN
cblr-14249	64	7	dep’t	dep’t	NOUN
cblr-14249	64	8	of	of	ADP
cblr-14249	64	9	just	just	ADV
cblr-14249	64	10	.	.	PUNCT
cblr-14249	64	11	&	&	CCONJ
cblr-14249	64	12	fed	fed	PROPN
cblr-14249	64	13	.	.	PUNCT
cblr-14249	65	1	trade	trade	NOUN
cblr-14249	65	2	comm’n	comm’n	NOUN
cblr-14249	65	3	,	,	PUNCT
cblr-14249	65	4	vertical	vertical	ADJ
cblr-14249	65	5	merger	merger	NOUN
cblr-14249	65	6	guidelines	guideline	VERB
cblr-14249	65	7	11–12	11–12	NUM
cblr-14249	65	8	(	(	PUNCT
cblr-14249	65	9	2020	2020	NUM
cblr-14249	65	10	)	)	PUNCT
cblr-14249	65	11	,	,	PUNCT
cblr-14249	65	12	https://www.justice.gov/atr/page/file/1290686/dl	https://www.justice.gov/atr/page/file/1290686/dl	NOUN
cblr-14249	65	13	[	[	X
cblr-14249	65	14	https://perma.cc/6493-7eee	https://perma.cc/6493-7eee	AUX
cblr-14249	65	15	]	]	X
cblr-14249	65	16	(	(	PUNCT
cblr-14249	65	17	noting	note	VERB
cblr-14249	65	18	it	it	PRON
cblr-14249	65	19	is	be	AUX
cblr-14249	65	20	“	"	PUNCT
cblr-14249	65	21	incumbent	incumbent	ADJ
cblr-14249	65	22	upon	upon	SCONJ
cblr-14249	65	23	the	the	DET
cblr-14249	65	24	merging	merge	VERB
cblr-14249	65	25	firms	firm	NOUN
cblr-14249	65	26	to	to	PART
cblr-14249	65	27	provide	provide	VERB
cblr-14249	65	28	substantiation	substantiation	NOUN
cblr-14249	65	29	for	for	ADP
cblr-14249	65	30	104	104	PROPN
cblr-14249	65	31	columbia	columbia	PROPN
cblr-14249	65	32	business	business	NOUN
cblr-14249	65	33	law	law	PROPN
cblr-14249	65	34	review	review	NOUN
cblr-14249	66	1	[	[	X
cblr-14249	66	2	vol	vol	NOUN
cblr-14249	66	3	.	.	PUNCT
cblr-14249	66	4	2025	2025	NUM
cblr-14249	66	5	both	both	CCONJ
cblr-14249	66	6	the	the	DET
cblr-14249	66	7	trump	trump	NOUN
cblr-14249	66	8	administration	administration	NOUN
cblr-14249	66	9	and	and	CCONJ
cblr-14249	66	10	biden	biden	PROPN
cblr-14249	66	11	administration	administration	PROPN
cblr-14249	66	12	filed	file	VERB
cblr-14249	66	13	friend	friend	NOUN
cblr-14249	66	14	of	of	ADP
cblr-14249	66	15	the	the	DET
cblr-14249	66	16	court	court	NOUN
cblr-14249	66	17	briefs	brief	NOUN
cblr-14249	66	18	as	as	ADP
cblr-14249	66	19	steves	steve	NOUN
cblr-14249	66	20	and	and	CCONJ
cblr-14249	66	21	sons	son	NOUN
cblr-14249	66	22	pushed	push	VERB
cblr-14249	66	23	for	for	ADP
cblr-14249	66	24	the	the	DET
cblr-14249	66	25	divestiture	divestiture	NOUN
cblr-14249	66	26	that	that	PRON
cblr-14249	66	27	was	be	AUX
cblr-14249	66	28	finally	finally	ADV
cblr-14249	66	29	ordered	order	VERB
cblr-14249	66	30	by	by	ADP
cblr-14249	66	31	a	a	DET
cblr-14249	66	32	court	court	NOUN
cblr-14249	66	33	earlier	early	ADV
cblr-14249	66	34	this	this	DET
cblr-14249	66	35	week	week	NOUN
cblr-14249	66	36	in	in	ADP
cblr-14249	66	37	the	the	DET
cblr-14249	66	38	jeld	jeld	PROPN
cblr-14249	66	39	-	-	PUNCT
cblr-14249	66	40	wen	wen	PROPN
cblr-14249	66	41	matter	matter	NOUN
cblr-14249	66	42	.	.	PUNCT
cblr-14249	67	1	the	the	DET
cblr-14249	67	2	biden	biden	PROPN
cblr-14249	67	3	administration	administration	PROPN
cblr-14249	67	4	saw	see	VERB
cblr-14249	67	5	the	the	DET
cblr-14249	67	6	project	project	NOUN
cblr-14249	67	7	through	through	ADP
cblr-14249	67	8	to	to	ADP
cblr-14249	67	9	a	a	DET
cblr-14249	67	10	safe	safe	ADJ
cblr-14249	67	11	landing	landing	NOUN
cblr-14249	67	12	.	.	PUNCT
cblr-14249	68	1	most	most	ADV
cblr-14249	68	2	importantly	importantly	ADV
cblr-14249	68	3	,	,	PUNCT
cblr-14249	68	4	last	last	ADJ
cblr-14249	68	5	year	year	NOUN
cblr-14249	68	6	the	the	DET
cblr-14249	68	7	illumina	illumina	PROPN
cblr-14249	68	8	court	court	PROPN
cblr-14249	68	9	upheld	uphold	VERB
cblr-14249	68	10	the	the	DET
cblr-14249	68	11	ftc	ftc	PROPN
cblr-14249	68	12	’s	’s	PART
cblr-14249	68	13	bipartisan	bipartisan	ADJ
cblr-14249	68	14	challenge	challenge	NOUN
cblr-14249	68	15	to	to	ADP
cblr-14249	68	16	the	the	DET
cblr-14249	68	17	illumina	illumina	PROPN
cblr-14249	68	18	/	/	SYM
cblr-14249	68	19	grail	grail	PROPN
cblr-14249	68	20	merger	merger	NOUN
cblr-14249	68	21	.	.	PUNCT
cblr-14249	69	1	december	december	PROPN
cblr-14249	69	2	15	15	NUM
cblr-14249	69	3	,	,	PUNCT
cblr-14249	69	4	2023	2023	NUM
cblr-14249	69	5	will	will	AUX
cblr-14249	69	6	not	not	PART
cblr-14249	69	7	be	be	AUX
cblr-14249	69	8	remembered	remember	VERB
cblr-14249	69	9	like	like	ADP
cblr-14249	69	10	the	the	DET
cblr-14249	69	11	moon	moon	NOUN
cblr-14249	69	12	landing	landing	NOUN
cblr-14249	69	13	,	,	PUNCT
cblr-14249	69	14	but	but	CCONJ
cblr-14249	69	15	it	it	PRON
cblr-14249	69	16	was	be	AUX
cblr-14249	69	17	a	a	DET
cblr-14249	69	18	historic	historic	ADJ
cblr-14249	69	19	day	day	NOUN
cblr-14249	69	20	for	for	ADP
cblr-14249	69	21	antitrust	antitrust	ADJ
cblr-14249	69	22	law	law	NOUN
cblr-14249	69	23	.	.	PUNCT
cblr-14249	70	1	it	it	PRON
cblr-14249	70	2	was	be	AUX
cblr-14249	70	3	the	the	DET
cblr-14249	70	4	first	first	ADJ
cblr-14249	70	5	time	time	NOUN
cblr-14249	70	6	in	in	ADP
cblr-14249	70	7	my	my	PRON
cblr-14249	70	8	lifetime	lifetime	NOUN
cblr-14249	70	9	that	that	SCONJ
cblr-14249	70	10	a	a	DET
cblr-14249	70	11	federal	federal	ADJ
cblr-14249	70	12	court	court	NOUN
cblr-14249	70	13	agreed	agree	VERB
cblr-14249	70	14	with	with	ADP
cblr-14249	70	15	the	the	DET
cblr-14249	70	16	government	government	NOUN
cblr-14249	70	17	as	as	ADP
cblr-14249	70	18	to	to	ADP
cblr-14249	70	19	the	the	DET
cblr-14249	70	20	anticompetitive	anticompetitive	ADJ
cblr-14249	70	21	risk	risk	NOUN
cblr-14249	70	22	of	of	ADP
cblr-14249	70	23	a	a	DET
cblr-14249	70	24	merger	merger	NOUN
cblr-14249	70	25	involving	involve	VERB
cblr-14249	70	26	rivals	rival	NOUN
cblr-14249	70	27	’	'	PUNCT
cblr-14249	70	28	complements	complement	NOUN
cblr-14249	70	29	.	.	PUNCT
cblr-14249	71	1	the	the	DET
cblr-14249	71	2	fifth	fifth	ADJ
cblr-14249	71	3	circuit	circuit	NOUN
cblr-14249	71	4	did	do	AUX
cblr-14249	71	5	so	so	ADV
cblr-14249	71	6	by	by	ADP
cblr-14249	71	7	incorporating	incorporate	VERB
cblr-14249	71	8	a	a	DET
cblr-14249	71	9	sophisticated	sophisticated	ADJ
cblr-14249	71	10	modern	modern	ADJ
cblr-14249	71	11	analysis	analysis	NOUN
cblr-14249	71	12	of	of	ADP
cblr-14249	71	13	how	how	SCONJ
cblr-14249	71	14	the	the	DET
cblr-14249	71	15	merger	merger	NOUN
cblr-14249	71	16	would	would	AUX
cblr-14249	71	17	risk	risk	VERB
cblr-14249	71	18	foreclosing	foreclose	VERB
cblr-14249	71	19	potential	potential	ADJ
cblr-14249	71	20	rivals	rival	NOUN
cblr-14249	71	21	within	within	ADP
cblr-14249	71	22	the	the	DET
cblr-14249	71	23	framework	framework	NOUN
cblr-14249	71	24	established	establish	VERB
cblr-14249	71	25	by	by	ADP
cblr-14249	71	26	longstanding	longstande	VERB
cblr-14249	71	27	precedent.14	precedent.14	PROPN
cblr-14249	71	28	it	it	PRON
cblr-14249	71	29	wo	will	AUX
cblr-14249	71	30	n’t	not	PART
cblr-14249	71	31	surprise	surprise	VERB
cblr-14249	71	32	you	you	PRON
cblr-14249	71	33	that	that	SCONJ
cblr-14249	71	34	the	the	DET
cblr-14249	71	35	court	court	NOUN
cblr-14249	71	36	used	use	VERB
cblr-14249	71	37	the	the	DET
cblr-14249	71	38	burden	burden	NOUN
cblr-14249	71	39	-	-	PUNCT
cblr-14249	71	40	shifting	shift	VERB
cblr-14249	71	41	language	language	NOUN
cblr-14249	71	42	from	from	ADP
cblr-14249	71	43	the	the	DET
cblr-14249	71	44	at&t	at&t	PROPN
cblr-14249	71	45	d.c	d.c	PROPN
cblr-14249	71	46	.	.	PROPN
cblr-14249	71	47	circuit	circuit	PROPN
cblr-14249	71	48	opinion	opinion	NOUN
cblr-14249	71	49	that	that	SCONJ
cblr-14249	71	50	i	i	PRON
cblr-14249	71	51	just	just	ADV
cblr-14249	71	52	mentioned	mention	VERB
cblr-14249	71	53	.	.	PUNCT
cblr-14249	72	1	the	the	DET
cblr-14249	72	2	illumina	illumina	PROPN
cblr-14249	72	3	opinion	opinion	NOUN
cblr-14249	72	4	now	now	ADV
cblr-14249	72	5	serves	serve	VERB
cblr-14249	72	6	a	a	DET
cblr-14249	72	7	similar	similar	ADJ
cblr-14249	72	8	role	role	NOUN
cblr-14249	72	9	to	to	ADP
cblr-14249	72	10	my	my	PRON
cblr-14249	72	11	second	second	ADJ
cblr-14249	72	12	favorite	favorite	ADJ
cblr-14249	72	13	time	time	NOUN
cblr-14249	72	14	capsule	capsule	PROPN
cblr-14249	72	15	,	,	PUNCT
cblr-14249	72	16	which	which	PRON
cblr-14249	72	17	was	be	AUX
cblr-14249	72	18	actually	actually	ADV
cblr-14249	72	19	accidental	accidental	ADJ
cblr-14249	72	20	.	.	PUNCT
cblr-14249	73	1	probably	probably	ADV
cblr-14249	73	2	the	the	DET
cblr-14249	73	3	most	most	ADV
cblr-14249	73	4	important	important	ADJ
cblr-14249	73	5	time	time	NOUN
cblr-14249	73	6	capsule	capsule	NOUN
cblr-14249	73	7	in	in	ADP
cblr-14249	73	8	history	history	NOUN
cblr-14249	73	9	was	be	AUX
cblr-14249	73	10	never	never	ADV
cblr-14249	73	11	meant	mean	VERB
cblr-14249	73	12	to	to	PART
cblr-14249	73	13	be	be	AUX
cblr-14249	73	14	one	one	NUM
cblr-14249	73	15	.	.	PUNCT
cblr-14249	74	1	it	it	PRON
cblr-14249	74	2	traveled	travel	VERB
cblr-14249	74	3	through	through	ADP
cblr-14249	74	4	time	time	NOUN
cblr-14249	74	5	in	in	ADP
cblr-14249	74	6	the	the	DET
cblr-14249	74	7	walls	wall	NOUN
cblr-14249	74	8	of	of	ADP
cblr-14249	74	9	fort	fort	PROPN
cblr-14249	74	10	julien	julien	PROPN
cblr-14249	74	11	in	in	ADP
cblr-14249	74	12	rashid	rashid	PROPN
cblr-14249	74	13	egypt	egypt	PROPN
cblr-14249	74	14	.	.	PUNCT
cblr-14249	75	1	the	the	DET
cblr-14249	75	2	architects	architect	NOUN
cblr-14249	75	3	were	be	AUX
cblr-14249	75	4	not	not	PART
cblr-14249	75	5	thinking	think	VERB
cblr-14249	75	6	about	about	ADP
cblr-14249	75	7	posterity	posterity	NOUN
cblr-14249	75	8	when	when	SCONJ
cblr-14249	75	9	they	they	PRON
cblr-14249	75	10	built	build	VERB
cblr-14249	75	11	that	that	DET
cblr-14249	75	12	fort	fort	NOUN
cblr-14249	75	13	;	;	PUNCT
cblr-14249	75	14	they	they	PRON
cblr-14249	75	15	were	be	AUX
cblr-14249	75	16	just	just	ADV
cblr-14249	75	17	looking	look	VERB
cblr-14249	75	18	for	for	ADP
cblr-14249	75	19	solid	solid	ADJ
cblr-14249	75	20	pieces	piece	NOUN
cblr-14249	75	21	of	of	ADP
cblr-14249	75	22	rock	rock	NOUN
cblr-14249	75	23	.	.	PUNCT
cblr-14249	76	1	but	but	CCONJ
cblr-14249	76	2	the	the	DET
cblr-14249	76	3	rosetta	rosetta	PROPN
cblr-14249	76	4	stone	stone	NOUN
cblr-14249	76	5	—	—	PUNCT
cblr-14249	76	6	carved	carve	VERB
cblr-14249	76	7	in	in	ADP
cblr-14249	76	8	three	three	NUM
cblr-14249	76	9	languages	language	NOUN
cblr-14249	76	10	in	in	ADP
cblr-14249	76	11	200	200	NUM
cblr-14249	76	12	bc	bc	NOUN
cblr-14249	76	13	to	to	PART
cblr-14249	76	14	set	set	VERB
cblr-14249	76	15	forth	forth	ADP
cblr-14249	76	16	a	a	DET
cblr-14249	76	17	ptolemaic	ptolemaic	PROPN
cblr-14249	76	18	claims	claim	VERB
cblr-14249	76	19	that	that	SCONJ
cblr-14249	76	20	they	they	PRON
cblr-14249	76	21	will	will	AUX
cblr-14249	76	22	benefit	benefit	VERB
cblr-14249	76	23	from	from	ADP
cblr-14249	76	24	the	the	DET
cblr-14249	76	25	elimination	elimination	NOUN
cblr-14249	76	26	of	of	ADP
cblr-14249	76	27	double	double	ADJ
cblr-14249	76	28	marginalization	marginalization	NOUN
cblr-14249	76	29	”	"	PUNCT
cblr-14249	76	30	)	)	PUNCT
cblr-14249	76	31	;	;	PUNCT
cblr-14249	76	32	u.s	u.s	PROPN
cblr-14249	76	33	.	.	PROPN
cblr-14249	76	34	dep’t	dep’t	NOUN
cblr-14249	76	35	of	of	ADP
cblr-14249	76	36	just	just	ADV
cblr-14249	76	37	.	.	PUNCT
cblr-14249	76	38	&	&	CCONJ
cblr-14249	76	39	fed	fed	PROPN
cblr-14249	76	40	.	.	PUNCT
cblr-14249	77	1	trade	trade	NOUN
cblr-14249	77	2	comm’n	comm’n	NOUN
cblr-14249	77	3	,	,	PUNCT
cblr-14249	77	4	merger	merger	NOUN
cblr-14249	77	5	guidelines	guideline	NOUN
cblr-14249	77	6	2	2	NUM
cblr-14249	77	7	(	(	PUNCT
cblr-14249	77	8	2023	2023	NUM
cblr-14249	77	9	)	)	PUNCT
cblr-14249	77	10	,	,	PUNCT
cblr-14249	77	11	https://www.justice.gov/atr/merger-guidelines	https://www.justice.gov/atr/merger-guideline	NOUN
cblr-14249	78	1	[	[	X
cblr-14249	78	2	https://perma.cc/yrz6-vvhk	https://perma.cc/yrz6-vvhk	X
cblr-14249	78	3	]	]	X
cblr-14249	79	1	[	[	X
cblr-14249	79	2	hereinafter	hereinafter	NOUN
cblr-14249	79	3	2023	2023	NUM
cblr-14249	79	4	merger	merger	NOUN
cblr-14249	79	5	guidelines	guideline	NOUN
cblr-14249	79	6	]	]	PUNCT
cblr-14249	79	7	.	.	PUNCT
cblr-14249	80	1	14	14	NUM
cblr-14249	80	2	illumina	illumina	PROPN
cblr-14249	80	3	,	,	PUNCT
cblr-14249	80	4	inc	inc	PROPN
cblr-14249	80	5	.	.	PROPN
cblr-14249	80	6	v.	v.	PROPN
cblr-14249	80	7	fed	fed	PROPN
cblr-14249	80	8	.	.	PUNCT
cblr-14249	81	1	trade	trade	PROPN
cblr-14249	81	2	comm'n	comm'n	PROPN
cblr-14249	81	3	,	,	PUNCT
cblr-14249	81	4	88	88	NUM
cblr-14249	81	5	f.4th	f.4th	PROPN
cblr-14249	81	6	1036	1036	NUM
cblr-14249	81	7	,	,	PUNCT
cblr-14249	81	8	1048	1048	NUM
cblr-14249	81	9	(	(	PUNCT
cblr-14249	81	10	5th	5th	ADJ
cblr-14249	81	11	cir	cir	NOUN
cblr-14249	81	12	.	.	PUNCT
cblr-14249	82	1	2023	2023	NUM
cblr-14249	82	2	)	)	PUNCT
cblr-14249	82	3	.	.	PUNCT
cblr-14249	83	1	no	no	INTJ
cblr-14249	83	2	.	.	NOUN
cblr-14249	84	1	1	1	NUM
cblr-14249	84	2	]	]	X
cblr-14249	84	3	contemporary	contemporary	ADJ
cblr-14249	84	4	merger	merger	NOUN
cblr-14249	84	5	review	review	NOUN
cblr-14249	84	6	under	under	ADP
cblr-14249	84	7	the	the	DET
cblr-14249	84	8	rule	rule	NOUN
cblr-14249	84	9	of	of	ADP
cblr-14249	84	10	law	law	NOUN
cblr-14249	84	11	105	105	NUM
cblr-14249	84	12	decree	decree	NOUN
cblr-14249	84	13	—	—	PUNCT
cblr-14249	84	14	came	come	VERB
cblr-14249	84	15	to	to	PART
cblr-14249	84	16	serve	serve	VERB
cblr-14249	84	17	as	as	ADP
cblr-14249	84	18	a	a	DET
cblr-14249	84	19	time	time	NOUN
cblr-14249	84	20	capsule	capsule	NOUN
cblr-14249	84	21	from	from	ADP
cblr-14249	84	22	ancient	ancient	ADJ
cblr-14249	84	23	egypt	egypt	PROPN
cblr-14249	84	24	to	to	ADP
cblr-14249	84	25	the	the	DET
cblr-14249	84	26	19th	19th	ADJ
cblr-14249	84	27	century	century	NOUN
cblr-14249	84	28	.	.	PUNCT
cblr-14249	85	1	we	we	PRON
cblr-14249	85	2	all	all	PRON
cblr-14249	85	3	know	know	VERB
cblr-14249	85	4	why	why	SCONJ
cblr-14249	85	5	the	the	DET
cblr-14249	85	6	rosetta	rosetta	PROPN
cblr-14249	85	7	stone	stone	NOUN
cblr-14249	85	8	was	be	AUX
cblr-14249	85	9	so	so	ADV
cblr-14249	85	10	important	important	ADJ
cblr-14249	85	11	.	.	PUNCT
cblr-14249	86	1	because	because	SCONJ
cblr-14249	86	2	it	it	PRON
cblr-14249	86	3	translated	translate	VERB
cblr-14249	86	4	that	that	DET
cblr-14249	86	5	decree	decree	NOUN
cblr-14249	86	6	into	into	ADP
cblr-14249	86	7	three	three	NUM
cblr-14249	86	8	languages	language	NOUN
cblr-14249	86	9	,	,	PUNCT
cblr-14249	86	10	it	it	PRON
cblr-14249	86	11	contained	contain	VERB
cblr-14249	86	12	the	the	DET
cblr-14249	86	13	keys	key	NOUN
cblr-14249	86	14	to	to	ADP
cblr-14249	86	15	translating	translate	VERB
cblr-14249	86	16	long	long	ADV
cblr-14249	86	17	-	-	PUNCT
cblr-14249	86	18	lost	lose	VERB
cblr-14249	86	19	ancient	ancient	ADJ
cblr-14249	86	20	egyptian	egyptian	ADJ
cblr-14249	86	21	writings	writing	NOUN
cblr-14249	86	22	into	into	ADP
cblr-14249	86	23	greek	greek	NOUN
cblr-14249	86	24	and	and	CCONJ
cblr-14249	86	25	,	,	PUNCT
cblr-14249	86	26	in	in	ADP
cblr-14249	86	27	turn	turn	NOUN
cblr-14249	86	28	,	,	PUNCT
cblr-14249	86	29	the	the	DET
cblr-14249	86	30	other	other	ADJ
cblr-14249	86	31	world	world	NOUN
cblr-14249	86	32	languages	language	NOUN
cblr-14249	86	33	.	.	PUNCT
cblr-14249	87	1	the	the	DET
cblr-14249	87	2	illumina	illumina	PROPN
cblr-14249	87	3	opinion	opinion	NOUN
cblr-14249	87	4	did	do	VERB
cblr-14249	87	5	much	much	ADV
cblr-14249	87	6	the	the	DET
cblr-14249	87	7	same	same	ADJ
cblr-14249	87	8	.	.	PUNCT
cblr-14249	88	1	future	future	ADJ
cblr-14249	88	2	litigants	litigant	NOUN
cblr-14249	88	3	can	can	AUX
cblr-14249	88	4	now	now	ADV
cblr-14249	88	5	turn	turn	VERB
cblr-14249	88	6	to	to	ADP
cblr-14249	88	7	that	that	DET
cblr-14249	88	8	opinion	opinion	NOUN
cblr-14249	88	9	to	to	PART
cblr-14249	88	10	understand	understand	VERB
cblr-14249	88	11	how	how	SCONJ
cblr-14249	88	12	ford	ford	PROPN
cblr-14249	88	13	autolite	autolite	PROPN
cblr-14249	88	14	,	,	PUNCT
cblr-14249	88	15	brown	brown	ADJ
cblr-14249	88	16	shoe	shoe	NOUN
cblr-14249	88	17	,	,	PUNCT
cblr-14249	88	18	and	and	CCONJ
cblr-14249	88	19	an	an	DET
cblr-14249	88	20	economic	economic	ADJ
cblr-14249	88	21	incentive	incentive	NOUN
cblr-14249	88	22	and	and	CCONJ
cblr-14249	88	23	ability	ability	NOUN
cblr-14249	88	24	analysis	analysis	NOUN
cblr-14249	88	25	should	should	AUX
cblr-14249	88	26	apply	apply	VERB
cblr-14249	88	27	together	together	ADV
cblr-14249	88	28	within	within	ADP
cblr-14249	88	29	the	the	DET
cblr-14249	88	30	modern	modern	ADJ
cblr-14249	88	31	burden	burden	NOUN
cblr-14249	88	32	-	-	PUNCT
cblr-14249	88	33	shifting	shift	VERB
cblr-14249	88	34	framework	framework	NOUN
cblr-14249	88	35	of	of	ADP
cblr-14249	88	36	general	general	ADJ
cblr-14249	88	37	dynamics	dynamic	NOUN
cblr-14249	88	38	and	and	CCONJ
cblr-14249	88	39	baker	baker	PROPN
cblr-14249	88	40	hughes	hughes	PROPN
cblr-14249	88	41	.	.	PUNCT
cblr-14249	89	1	they	they	PRON
cblr-14249	89	2	do	do	AUX
cblr-14249	89	3	n’t	not	PART
cblr-14249	89	4	fit	fit	VERB
cblr-14249	89	5	perfectly	perfectly	ADV
cblr-14249	89	6	,	,	PUNCT
cblr-14249	89	7	and	and	CCONJ
cblr-14249	89	8	it	it	PRON
cblr-14249	89	9	can	can	AUX
cblr-14249	89	10	require	require	VERB
cblr-14249	89	11	some	some	DET
cblr-14249	89	12	translation	translation	NOUN
cblr-14249	89	13	,	,	PUNCT
cblr-14249	89	14	but	but	CCONJ
cblr-14249	89	15	the	the	DET
cblr-14249	89	16	opinion	opinion	NOUN
cblr-14249	89	17	underscores	underscore	VERB
cblr-14249	89	18	that	that	SCONJ
cblr-14249	89	19	we	we	PRON
cblr-14249	89	20	still	still	ADV
cblr-14249	89	21	have	have	VERB
cblr-14249	89	22	one	one	NUM
cblr-14249	89	23	tapestry	tapestry	NOUN
cblr-14249	89	24	of	of	ADP
cblr-14249	89	25	merger	merger	NOUN
cblr-14249	89	26	law	law	NOUN
cblr-14249	89	27	that	that	PRON
cblr-14249	89	28	respects	respect	VERB
cblr-14249	89	29	both	both	PRON
cblr-14249	89	30	past	past	NOUN
cblr-14249	89	31	and	and	CCONJ
cblr-14249	89	32	present	present	ADJ
cblr-14249	89	33	.	.	PUNCT
cblr-14249	90	1	and	and	CCONJ
cblr-14249	90	2	in	in	ADP
cblr-14249	90	3	so	so	ADV
cblr-14249	90	4	doing	do	VERB
cblr-14249	90	5	,	,	PUNCT
cblr-14249	90	6	it	it	PRON
cblr-14249	90	7	helps	help	VERB
cblr-14249	90	8	us	we	PRON
cblr-14249	90	9	undertake	undertake	VERB
cblr-14249	90	10	merger	merger	NOUN
cblr-14249	90	11	enforcement	enforcement	NOUN
cblr-14249	90	12	that	that	PRON
cblr-14249	90	13	better	well	ADV
cblr-14249	90	14	respects	respect	VERB
cblr-14249	90	15	our	our	PRON
cblr-14249	90	16	obligations	obligation	NOUN
cblr-14249	90	17	to	to	ADP
cblr-14249	90	18	the	the	DET
cblr-14249	90	19	rule	rule	NOUN
cblr-14249	90	20	of	of	ADP
cblr-14249	90	21	law	law	NOUN
cblr-14249	90	22	.	.	PUNCT
cblr-14249	91	1	that	that	PRON
cblr-14249	91	2	is	be	AUX
cblr-14249	91	3	how	how	SCONJ
cblr-14249	91	4	i	i	PRON
cblr-14249	91	5	understand	understand	VERB
cblr-14249	91	6	the	the	DET
cblr-14249	91	7	exercise	exercise	NOUN
cblr-14249	91	8	in	in	ADP
cblr-14249	91	9	which	which	PRON
cblr-14249	91	10	andrew	andrew	PROPN
cblr-14249	91	11	and	and	CCONJ
cblr-14249	91	12	i	i	PRON
cblr-14249	91	13	are	be	AUX
cblr-14249	91	14	engaged	engage	VERB
cblr-14249	91	15	.	.	PUNCT
cblr-14249	92	1	we	we	PRON
cblr-14249	92	2	are	be	AUX
cblr-14249	92	3	not	not	PART
cblr-14249	92	4	pretending	pretend	VERB
cblr-14249	92	5	that	that	SCONJ
cblr-14249	92	6	old	old	ADJ
cblr-14249	92	7	cases	case	NOUN
cblr-14249	92	8	are	be	AUX
cblr-14249	92	9	irrelevant	irrelevant	ADJ
cblr-14249	92	10	or	or	CCONJ
cblr-14249	92	11	somehow	somehow	ADV
cblr-14249	92	12	expired	expire	VERB
cblr-14249	92	13	.	.	PUNCT
cblr-14249	93	1	and	and	CCONJ
cblr-14249	93	2	we	we	PRON
cblr-14249	93	3	are	be	AUX
cblr-14249	93	4	not	not	PART
cblr-14249	93	5	pretending	pretend	VERB
cblr-14249	93	6	that	that	SCONJ
cblr-14249	93	7	modern	modern	ADJ
cblr-14249	93	8	market	market	NOUN
cblr-14249	93	9	realities	reality	NOUN
cblr-14249	93	10	and	and	CCONJ
cblr-14249	93	11	economic	economic	ADJ
cblr-14249	93	12	understanding	understanding	NOUN
cblr-14249	93	13	can	can	AUX
cblr-14249	93	14	be	be	AUX
cblr-14249	93	15	discarded	discard	VERB
cblr-14249	93	16	either	either	ADV
cblr-14249	93	17	.	.	PUNCT
cblr-14249	94	1	we	we	PRON
cblr-14249	94	2	are	be	AUX
cblr-14249	94	3	engaged	engage	VERB
cblr-14249	94	4	in	in	ADP
cblr-14249	94	5	an	an	DET
cblr-14249	94	6	exercise	exercise	NOUN
cblr-14249	94	7	of	of	ADP
cblr-14249	94	8	translation	translation	NOUN
cblr-14249	94	9	and	and	CCONJ
cblr-14249	94	10	synthesis	synthesis	NOUN
cblr-14249	94	11	between	between	ADP
cblr-14249	94	12	old	old	ADJ
cblr-14249	94	13	language	language	NOUN
cblr-14249	94	14	and	and	CCONJ
cblr-14249	94	15	new	new	ADJ
cblr-14249	94	16	.	.	PUNCT
cblr-14249	94	17	ii	ii	PROPN
cblr-14249	94	18	.	.	PROPN
cblr-14249	95	1	five	five	NUM
cblr-14249	95	2	key	key	ADJ
cblr-14249	95	3	translations	translation	NOUN
cblr-14249	95	4	for	for	ADP
cblr-14249	95	5	modern	modern	ADJ
cblr-14249	95	6	merger	merger	NOUN
cblr-14249	95	7	review	review	NOUN
cblr-14249	95	8	in	in	ADP
cblr-14249	95	9	that	that	DET
cblr-14249	95	10	spirit	spirit	NOUN
cblr-14249	95	11	,	,	PUNCT
cblr-14249	95	12	i	i	PRON
cblr-14249	95	13	would	would	AUX
cblr-14249	95	14	like	like	VERB
cblr-14249	95	15	to	to	PART
cblr-14249	95	16	focus	focus	VERB
cblr-14249	95	17	on	on	ADP
cblr-14249	95	18	five	five	NUM
cblr-14249	95	19	critical	critical	ADJ
cblr-14249	95	20	translations	translation	NOUN
cblr-14249	95	21	between	between	ADP
cblr-14249	95	22	old	old	ADJ
cblr-14249	95	23	holdings	holding	NOUN
cblr-14249	95	24	and	and	CCONJ
cblr-14249	95	25	new	new	ADJ
cblr-14249	95	26	understandings	understanding	NOUN
cblr-14249	95	27	in	in	ADP
cblr-14249	95	28	merger	merger	NOUN
cblr-14249	95	29	analysis	analysis	NOUN
cblr-14249	95	30	:	:	PUNCT
cblr-14249	95	31	(	(	PUNCT
cblr-14249	95	32	1	1	X
cblr-14249	95	33	)	)	PUNCT
cblr-14249	95	34	translating	translate	VERB
cblr-14249	95	35	the	the	DET
cblr-14249	95	36	word	word	NOUN
cblr-14249	95	37	“	"	PUNCT
cblr-14249	95	38	competition	competition	NOUN
cblr-14249	95	39	”	"	PUNCT
cblr-14249	95	40	in	in	ADP
cblr-14249	95	41	the	the	DET
cblr-14249	95	42	clayton	clayton	PROPN
cblr-14249	95	43	act	act	PROPN
cblr-14249	95	44	;	;	PUNCT
cblr-14249	95	45	(	(	PUNCT
cblr-14249	95	46	2	2	X
cblr-14249	95	47	)	)	PUNCT
cblr-14249	95	48	translating	translate	VERB
cblr-14249	95	49	the	the	DET
cblr-14249	95	50	words	word	NOUN
cblr-14249	95	51	“	"	PUNCT
cblr-14249	95	52	may	may	AUX
cblr-14249	95	53	be	be	AUX
cblr-14249	95	54	”	"	PUNCT
cblr-14249	95	55	in	in	ADP
cblr-14249	95	56	the	the	DET
cblr-14249	95	57	clayton	clayton	PROPN
cblr-14249	95	58	act	act	PROPN
cblr-14249	95	59	;	;	PUNCT
cblr-14249	95	60	(	(	PUNCT
cblr-14249	95	61	3	3	X
cblr-14249	95	62	)	)	PUNCT
cblr-14249	95	63	translating	translate	VERB
cblr-14249	95	64	the	the	DET
cblr-14249	95	65	structural	structural	ADJ
cblr-14249	95	66	presumption	presumption	NOUN
cblr-14249	95	67	into	into	ADP
cblr-14249	95	68	an	an	DET
cblr-14249	95	69	analysis	analysis	NOUN
cblr-14249	95	70	of	of	ADP
cblr-14249	95	71	anticompetitive	anticompetitive	ADJ
cblr-14249	95	72	effect	effect	NOUN
cblr-14249	95	73	;	;	PUNCT
cblr-14249	95	74	(	(	PUNCT
cblr-14249	95	75	4	4	X
cblr-14249	95	76	)	)	PUNCT
cblr-14249	95	77	evaluating	evaluate	VERB
cblr-14249	95	78	procompetitive	procompetitive	ADJ
cblr-14249	95	79	efficiencies	efficiency	NOUN
cblr-14249	95	80	as	as	ADP
cblr-14249	95	81	a	a	DET
cblr-14249	95	82	rebuttal	rebuttal	NOUN
cblr-14249	95	83	,	,	PUNCT
cblr-14249	95	84	and	and	CCONJ
cblr-14249	95	85	(	(	PUNCT
cblr-14249	95	86	5	5	X
cblr-14249	95	87	)	)	PUNCT
cblr-14249	95	88	translating	translate	VERB
cblr-14249	95	89	procter	procter	NOUN
cblr-14249	95	90	and	and	CCONJ
cblr-14249	95	91	gamble	gamble	NOUN
cblr-14249	95	92	’s	’s	PART
cblr-14249	95	93	prohibition	prohibition	NOUN
cblr-14249	95	94	on	on	ADP
cblr-14249	95	95	mergers	merger	NOUN
cblr-14249	95	96	that	that	PRON
cblr-14249	95	97	entrench	entrench	VERB
cblr-14249	95	98	power	power	NOUN
cblr-14249	95	99	into	into	ADP
cblr-14249	95	100	a	a	DET
cblr-14249	95	101	definition	definition	NOUN
cblr-14249	95	102	of	of	ADP
cblr-14249	95	103	competition	competition	NOUN
cblr-14249	95	104	that	that	PRON
cblr-14249	95	105	distinguishes	distinguish	VERB
cblr-14249	95	106	exclusion	exclusion	NOUN
cblr-14249	95	107	form	form	NOUN
cblr-14249	95	108	efficiency	efficiency	NOUN
cblr-14249	95	109	.	.	PUNCT
cblr-14249	96	1	these	these	DET
cblr-14249	96	2	translations	translation	NOUN
cblr-14249	96	3	reflect	reflect	VERB
cblr-14249	96	4	the	the	DET
cblr-14249	96	5	result	result	NOUN
cblr-14249	96	6	of	of	ADP
cblr-14249	96	7	bipartisan	bipartisan	ADJ
cblr-14249	96	8	work	work	NOUN
cblr-14249	96	9	across	across	ADP
cblr-14249	96	10	many	many	ADJ
cblr-14249	96	11	administrations	administration	NOUN
cblr-14249	96	12	to	to	PART
cblr-14249	96	13	ensure	ensure	VERB
cblr-14249	96	14	the	the	DET
cblr-14249	96	15	division	division	NOUN
cblr-14249	96	16	faithfully	faithfully	ADV
cblr-14249	96	17	106	106	NUM
cblr-14249	96	18	columbia	columbia	PROPN
cblr-14249	96	19	business	business	NOUN
cblr-14249	96	20	law	law	PROPN
cblr-14249	96	21	review	review	NOUN
cblr-14249	96	22	[	[	X
cblr-14249	96	23	vol	vol	NOUN
cblr-14249	96	24	.	.	PUNCT
cblr-14249	96	25	2025	2025	NUM
cblr-14249	96	26	applies	apply	VERB
cblr-14249	96	27	longstanding	longstande	VERB
cblr-14249	96	28	law	law	NOUN
cblr-14249	96	29	to	to	ADP
cblr-14249	96	30	modern	modern	ADJ
cblr-14249	96	31	market	market	NOUN
cblr-14249	96	32	realities	reality	NOUN
cblr-14249	96	33	in	in	ADP
cblr-14249	96	34	a	a	DET
cblr-14249	96	35	way	way	NOUN
cblr-14249	96	36	that	that	PRON
cblr-14249	96	37	enables	enable	VERB
cblr-14249	96	38	vigorous	vigorous	ADJ
cblr-14249	96	39	and	and	CCONJ
cblr-14249	96	40	effective	effective	ADJ
cblr-14249	96	41	enforcement	enforcement	NOUN
cblr-14249	96	42	.	.	PUNCT
cblr-14249	97	1	i	i	PRON
cblr-14249	97	2	will	will	AUX
cblr-14249	97	3	aim	aim	VERB
cblr-14249	97	4	to	to	PART
cblr-14249	97	5	give	give	VERB
cblr-14249	97	6	my	my	PRON
cblr-14249	97	7	best	good	ADJ
cblr-14249	97	8	four	four	NUM
cblr-14249	97	9	-	-	PUNCT
cblr-14249	97	10	minute	minute	NOUN
cblr-14249	97	11	rosetta	rosetta	NOUN
cblr-14249	97	12	stone	stone	NOUN
cblr-14249	97	13	on	on	ADP
cblr-14249	97	14	each	each	PRON
cblr-14249	97	15	.	.	PUNCT
cblr-14249	98	1	a.	a.	NOUN
cblr-14249	98	2	translating	translate	VERB
cblr-14249	98	3	“	"	PUNCT
cblr-14249	98	4	competition	competition	NOUN
cblr-14249	98	5	”	"	PUNCT
cblr-14249	98	6	my	my	PRON
cblr-14249	98	7	first	first	ADJ
cblr-14249	98	8	translation	translation	NOUN
cblr-14249	98	9	is	be	AUX
cblr-14249	98	10	of	of	ADP
cblr-14249	98	11	the	the	DET
cblr-14249	98	12	word	word	NOUN
cblr-14249	98	13	competition	competition	NOUN
cblr-14249	98	14	.	.	PUNCT
cblr-14249	99	1	the	the	DET
cblr-14249	99	2	clayton	clayton	PROPN
cblr-14249	99	3	act	act	PROPN
cblr-14249	99	4	does	do	AUX
cblr-14249	99	5	not	not	PART
cblr-14249	99	6	define	define	VERB
cblr-14249	99	7	the	the	DET
cblr-14249	99	8	term	term	NOUN
cblr-14249	99	9	competition	competition	NOUN
cblr-14249	99	10	,	,	PUNCT
cblr-14249	99	11	and	and	CCONJ
cblr-14249	99	12	many	many	ADJ
cblr-14249	99	13	of	of	ADP
cblr-14249	99	14	the	the	DET
cblr-14249	99	15	older	old	ADJ
cblr-14249	99	16	supreme	supreme	PROPN
cblr-14249	99	17	court	court	PROPN
cblr-14249	99	18	merger	merger	NOUN
cblr-14249	99	19	cases	case	NOUN
cblr-14249	99	20	vary	vary	VERB
cblr-14249	99	21	in	in	ADP
cblr-14249	99	22	their	their	PRON
cblr-14249	99	23	expressions	expression	NOUN
cblr-14249	99	24	of	of	ADP
cblr-14249	99	25	what	what	PRON
cblr-14249	99	26	they	they	PRON
cblr-14249	99	27	think	think	VERB
cblr-14249	99	28	it	it	PRON
cblr-14249	99	29	means	mean	VERB
cblr-14249	99	30	.	.	PUNCT
cblr-14249	100	1	andrew	andrew	PROPN
cblr-14249	100	2	documented	document	VERB
cblr-14249	100	3	some	some	PRON
cblr-14249	100	4	of	of	ADP
cblr-14249	100	5	this	this	DET
cblr-14249	100	6	well	well	NOUN
cblr-14249	100	7	.	.	PUNCT
cblr-14249	101	1	in	in	ADP
cblr-14249	101	2	the	the	DET
cblr-14249	101	3	years	year	NOUN
cblr-14249	101	4	since	since	ADV
cblr-14249	101	5	,	,	PUNCT
cblr-14249	101	6	however	however	ADV
cblr-14249	101	7	,	,	PUNCT
cblr-14249	101	8	the	the	DET
cblr-14249	101	9	supreme	supreme	PROPN
cblr-14249	101	10	court	court	PROPN
cblr-14249	101	11	has	have	AUX
cblr-14249	101	12	settled	settle	VERB
cblr-14249	101	13	on	on	ADP
cblr-14249	101	14	a	a	DET
cblr-14249	101	15	conception	conception	NOUN
cblr-14249	101	16	of	of	ADP
cblr-14249	101	17	competition	competition	NOUN
cblr-14249	101	18	:	:	PUNCT
cblr-14249	101	19	the	the	DET
cblr-14249	101	20	dynamic	dynamic	ADJ
cblr-14249	101	21	process	process	NOUN
cblr-14249	101	22	of	of	ADP
cblr-14249	101	23	rivalry	rivalry	NOUN
cblr-14249	101	24	that	that	PRON
cblr-14249	101	25	drives	drive	VERB
cblr-14249	101	26	firms	firm	NOUN
cblr-14249	101	27	to	to	PART
cblr-14249	101	28	lower	low	ADJ
cblr-14249	101	29	prices	price	NOUN
cblr-14249	101	30	,	,	PUNCT
cblr-14249	101	31	improve	improve	VERB
cblr-14249	101	32	quality	quality	NOUN
cblr-14249	101	33	,	,	PUNCT
cblr-14249	101	34	raise	raise	VERB
cblr-14249	101	35	wages	wage	NOUN
cblr-14249	101	36	,	,	PUNCT
cblr-14249	101	37	and	and	CCONJ
cblr-14249	101	38	increase	increase	VERB
cblr-14249	101	39	innovation	innovation	NOUN
cblr-14249	101	40	,	,	PUNCT
cblr-14249	101	41	among	among	ADP
cblr-14249	101	42	other	other	ADJ
cblr-14249	101	43	benefits	benefit	NOUN
cblr-14249	101	44	.	.	PUNCT
cblr-14249	102	1	this	this	PRON
cblr-14249	102	2	was	be	AUX
cblr-14249	102	3	actually	actually	ADV
cblr-14249	102	4	documented	document	VERB
cblr-14249	102	5	very	very	ADV
cblr-14249	102	6	nicely	nicely	ADV
cblr-14249	102	7	by	by	ADP
cblr-14249	102	8	then	then	ADV
cblr-14249	102	9	-	-	PUNCT
cblr-14249	102	10	ftc	ftc	PROPN
cblr-14249	102	11	commissioner	commissioner	NOUN
cblr-14249	102	12	and	and	CCONJ
cblr-14249	102	13	now	now	PROPN
cblr-14249	102	14	-	-	PUNCT
cblr-14249	102	15	ftc	ftc	PROPN
cblr-14249	102	16	chairman	chairman	PROPN
cblr-14249	102	17	andrew	andrew	PROPN
cblr-14249	102	18	ferguson	ferguson	PROPN
cblr-14249	102	19	in	in	ADP
cblr-14249	102	20	his	his	PRON
cblr-14249	102	21	dissent	dissent	NOUN
cblr-14249	102	22	from	from	ADP
cblr-14249	102	23	a	a	DET
cblr-14249	102	24	recent	recent	ADJ
cblr-14249	102	25	robinson	robinson	PROPN
cblr-14249	102	26	-	-	PUNCT
cblr-14249	102	27	patman	patman	PROPN
cblr-14249	102	28	act	act	NOUN
cblr-14249	102	29	case	case	NOUN
cblr-14249	102	30	.	.	PUNCT
cblr-14249	103	1	i	i	PRON
cblr-14249	103	2	do	do	AUX
cblr-14249	103	3	n’t	not	PART
cblr-14249	103	4	take	take	VERB
cblr-14249	103	5	any	any	DET
cblr-14249	103	6	position	position	NOUN
cblr-14249	103	7	on	on	ADP
cblr-14249	103	8	the	the	DET
cblr-14249	103	9	case	case	NOUN
cblr-14249	103	10	itself	itself	PRON
cblr-14249	103	11	or	or	CCONJ
cblr-14249	103	12	the	the	DET
cblr-14249	103	13	application	application	NOUN
cblr-14249	103	14	of	of	ADP
cblr-14249	103	15	the	the	DET
cblr-14249	103	16	analysis	analysis	NOUN
cblr-14249	103	17	to	to	ADP
cblr-14249	103	18	robinson	robinson	PROPN
cblr-14249	103	19	patman	patman	PROPN
cblr-14249	103	20	.	.	PUNCT
cblr-14249	104	1	but	but	CCONJ
cblr-14249	104	2	one	one	PRON
cblr-14249	104	3	should	should	AUX
cblr-14249	104	4	take	take	VERB
cblr-14249	104	5	a	a	DET
cblr-14249	104	6	look	look	NOUN
cblr-14249	104	7	at	at	ADP
cblr-14249	104	8	the	the	DET
cblr-14249	104	9	doctrinal	doctrinal	ADJ
cblr-14249	104	10	discussion	discussion	NOUN
cblr-14249	104	11	around	around	ADP
cblr-14249	104	12	competition	competition	NOUN
cblr-14249	104	13	.	.	PUNCT
cblr-14249	105	1	it	it	PRON
cblr-14249	105	2	is	be	AUX
cblr-14249	105	3	the	the	DET
cblr-14249	105	4	same	same	ADJ
cblr-14249	105	5	kind	kind	NOUN
cblr-14249	105	6	of	of	ADP
cblr-14249	105	7	analysis	analysis	NOUN
cblr-14249	105	8	we	we	PRON
cblr-14249	105	9	are	be	AUX
cblr-14249	105	10	undertaking	undertake	VERB
cblr-14249	105	11	today	today	NOUN
cblr-14249	105	12	.	.	PUNCT
cblr-14249	106	1	he	he	PRON
cblr-14249	106	2	explains	explain	VERB
cblr-14249	106	3	that	that	SCONJ
cblr-14249	106	4	modern	modern	ADJ
cblr-14249	106	5	precedents	precedent	NOUN
cblr-14249	106	6	focus	focus	VERB
cblr-14249	106	7	on	on	ADP
cblr-14249	106	8	“	"	PUNCT
cblr-14249	106	9	protecting	protect	VERB
cblr-14249	106	10	the	the	DET
cblr-14249	106	11	economic	economic	ADJ
cblr-14249	106	12	force	force	NOUN
cblr-14249	106	13	”	"	PUNCT
cblr-14249	106	14	that	that	PRON
cblr-14249	106	15	drives	drive	VERB
cblr-14249	106	16	productive	productive	ADJ
cblr-14249	106	17	firm	firm	ADJ
cblr-14249	106	18	behavior	behavior	NOUN
cblr-14249	106	19	and	and	CCONJ
cblr-14249	106	20	maximizes	maximize	VERB
cblr-14249	106	21	consumer	consumer	NOUN
cblr-14249	106	22	welfare	welfare	NOUN
cblr-14249	106	23	—	—	PUNCT
cblr-14249	106	24	i.e.	i.e.	X
cblr-14249	106	25	,	,	PUNCT
cblr-14249	106	26	the	the	DET
cblr-14249	106	27	“	"	PUNCT
cblr-14249	106	28	competitive	competitive	ADJ
cblr-14249	106	29	process	process	NOUN
cblr-14249	106	30	.	.	PUNCT
cblr-14249	107	1	”15	”15	PROPN
cblr-14249	107	2	he	he	PRON
cblr-14249	107	3	notes	note	VERB
cblr-14249	107	4	the	the	DET
cblr-14249	107	5	holding	holding	NOUN
cblr-14249	107	6	of	of	ADP
cblr-14249	107	7	the	the	DET
cblr-14249	107	8	supreme	supreme	PROPN
cblr-14249	107	9	court	court	PROPN
cblr-14249	107	10	in	in	ADP
cblr-14249	107	11	nynex	nynex	PROPN
cblr-14249	107	12	v.	v.	ADP
cblr-14249	107	13	discon	discon	NOUN
cblr-14249	107	14	that	that	SCONJ
cblr-14249	107	15	“	"	PUNCT
cblr-14249	107	16	plaintiff	plaintiff	NOUN
cblr-14249	107	17	must	must	AUX
cblr-14249	107	18	allege	allege	VERB
cblr-14249	107	19	and	and	CCONJ
cblr-14249	107	20	prove	prove	VERB
cblr-14249	107	21	harm	harm	NOUN
cblr-14249	107	22	,	,	PUNCT
cblr-14249	107	23	not	not	PART
cblr-14249	107	24	just	just	ADV
cblr-14249	107	25	to	to	ADP
cblr-14249	107	26	a	a	DET
cblr-14249	107	27	single	single	ADJ
cblr-14249	107	28	competitor	competitor	NOUN
cblr-14249	107	29	,	,	PUNCT
cblr-14249	107	30	but	but	CCONJ
cblr-14249	107	31	to	to	ADP
cblr-14249	107	32	the	the	DET
cblr-14249	107	33	competitive	competitive	ADJ
cblr-14249	107	34	process	process	NOUN
cblr-14249	107	35	,	,	PUNCT
cblr-14249	107	36	i.e.	i.e.	X
cblr-14249	107	37	,	,	PUNCT
cblr-14249	107	38	to	to	PART
cblr-14249	107	39	competition	competition	VERB
cblr-14249	107	40	itself,”16	itself,”16	PRON
cblr-14249	107	41	and	and	CCONJ
cblr-14249	107	42	he	he	PRON
cblr-14249	107	43	15	15	NUM
cblr-14249	107	44	dissenting	dissent	VERB
cblr-14249	107	45	statement	statement	NOUN
cblr-14249	107	46	of	of	ADP
cblr-14249	107	47	comm’r	comm’r	X
cblr-14249	107	48	andrew	andrew	PROPN
cblr-14249	107	49	n.	n.	PROPN
cblr-14249	107	50	ferguson	ferguson	PROPN
cblr-14249	107	51	,	,	PUNCT
cblr-14249	107	52	s.	s.	PROPN
cblr-14249	107	53	glazer	glazer	PROPN
cblr-14249	107	54	’s	’s	PART
cblr-14249	107	55	wine	wine	NOUN
cblr-14249	107	56	and	and	CCONJ
cblr-14249	107	57	spirits	spirit	NOUN
cblr-14249	107	58	,	,	PUNCT
cblr-14249	107	59	llc	llc	PROPN
cblr-14249	107	60	,	,	PUNCT
cblr-14249	107	61	ftc	ftc	PROPN
cblr-14249	107	62	matter	matter	VERB
cblr-14249	107	63	no	no	INTJ
cblr-14249	107	64	.	.	NOUN
cblr-14249	107	65	211	211	NUM
cblr-14249	107	66	-	-	SYM
cblr-14249	107	67	0155	0155	NUM
cblr-14249	107	68	,	,	PUNCT
cblr-14249	107	69	at	at	ADP
cblr-14249	107	70	14	14	NUM
cblr-14249	107	71	(	(	PUNCT
cblr-14249	107	72	dec	dec	PROPN
cblr-14249	107	73	.	.	PROPN
cblr-14249	107	74	12	12	NUM
cblr-14249	107	75	,	,	PUNCT
cblr-14249	107	76	2024	2024	NUM
cblr-14249	107	77	)	)	PUNCT
cblr-14249	107	78	,	,	PUNCT
cblr-14249	107	79	https://www.ftc.gov/system/files/ftc_gov/pdf/fergusonsouthernglazers-statement.pdf	https://www.ftc.gov/system/files/ftc_gov/pdf/fergusonsouthernglazers-statement.pdf	PUNCT
cblr-14249	108	1	[	[	X
cblr-14249	108	2	https://perma.cc/2g3fesj7	https://perma.cc/2g3fesj7	NOUN
cblr-14249	108	3	]	]	PUNCT
cblr-14249	108	4	.	.	PUNCT
cblr-14249	109	1	16	16	NUM
cblr-14249	109	2	nynex	nynex	PROPN
cblr-14249	109	3	corp	corp	PROPN
cblr-14249	109	4	.	.	PROPN
cblr-14249	109	5	v.	v.	ADP
cblr-14249	109	6	discon	discon	PROPN
cblr-14249	109	7	,	,	PUNCT
cblr-14249	109	8	inc	inc	PROPN
cblr-14249	109	9	.	.	PROPN
cblr-14249	109	10	,	,	PUNCT
cblr-14249	109	11	525	525	NUM
cblr-14249	109	12	u.s	u.s	PROPN
cblr-14249	109	13	.	.	PROPN
cblr-14249	109	14	128	128	NUM
cblr-14249	109	15	,	,	PUNCT
cblr-14249	109	16	135	135	NUM
cblr-14249	109	17	(	(	PUNCT
cblr-14249	109	18	1998	1998	NUM
cblr-14249	109	19	)	)	PUNCT
cblr-14249	109	20	.	.	PUNCT
cblr-14249	110	1	no	no	INTJ
cblr-14249	110	2	.	.	NOUN
cblr-14249	111	1	1	1	NUM
cblr-14249	111	2	]	]	X
cblr-14249	111	3	contemporary	contemporary	ADJ
cblr-14249	111	4	merger	merger	NOUN
cblr-14249	111	5	review	review	NOUN
cblr-14249	111	6	under	under	ADP
cblr-14249	111	7	the	the	DET
cblr-14249	111	8	rule	rule	NOUN
cblr-14249	111	9	of	of	ADP
cblr-14249	111	10	law	law	NOUN
cblr-14249	111	11	107	107	NUM
cblr-14249	111	12	also	also	ADV
cblr-14249	111	13	points	point	VERB
cblr-14249	111	14	out	out	ADP
cblr-14249	111	15	the	the	DET
cblr-14249	111	16	language	language	NOUN
cblr-14249	111	17	of	of	ADP
cblr-14249	111	18	then	then	ADV
cblr-14249	111	19	-	-	PUNCT
cblr-14249	111	20	judge	judge	NOUN
cblr-14249	111	21	gorsuch	gorsuch	NOUN
cblr-14249	111	22	in	in	ADP
cblr-14249	111	23	novell	novell	NOUN
cblr-14249	111	24	that	that	SCONJ
cblr-14249	111	25	“	"	PUNCT
cblr-14249	111	26	the	the	DET
cblr-14249	111	27	proper	proper	ADJ
cblr-14249	111	28	focus	focus	NOUN
cblr-14249	111	29	of	of	ADP
cblr-14249	111	30	section	section	NOUN
cblr-14249	111	31	2	2	NUM
cblr-14249	111	32	is	be	AUX
cblr-14249	111	33	n’t	not	PART
cblr-14249	111	34	on	on	ADP
cblr-14249	111	35	protecting	protect	VERB
cblr-14249	111	36	competitors	competitor	NOUN
cblr-14249	111	37	but	but	CCONJ
cblr-14249	111	38	on	on	ADP
cblr-14249	111	39	protecting	protect	VERB
cblr-14249	111	40	the	the	DET
cblr-14249	111	41	process	process	NOUN
cblr-14249	111	42	of	of	ADP
cblr-14249	111	43	competition	competition	NOUN
cblr-14249	111	44	”	"	PUNCT
cblr-14249	111	45	to	to	ADP
cblr-14249	111	46	the	the	DET
cblr-14249	111	47	benefit	benefit	NOUN
cblr-14249	111	48	of	of	ADP
cblr-14249	111	49	its	its	PRON
cblr-14249	111	50	participants.17	participants.17	NOUN
cblr-14249	111	51	and	and	CCONJ
cblr-14249	111	52	both	both	PRON
cblr-14249	111	53	of	of	ADP
cblr-14249	111	54	those	those	DET
cblr-14249	111	55	cases	case	NOUN
cblr-14249	111	56	of	of	ADP
cblr-14249	111	57	course	course	NOUN
cblr-14249	111	58	leverage	leverage	NOUN
cblr-14249	111	59	the	the	DET
cblr-14249	111	60	frequently	frequently	ADV
cblr-14249	111	61	cited	cite	VERB
cblr-14249	111	62	line	line	NOUN
cblr-14249	111	63	from	from	ADP
cblr-14249	111	64	brown	brown	ADJ
cblr-14249	111	65	shoe	shoe	NOUN
cblr-14249	111	66	that	that	PRON
cblr-14249	111	67	the	the	DET
cblr-14249	111	68	antitrust	antitrust	ADJ
cblr-14249	111	69	laws	law	NOUN
cblr-14249	111	70	protect	protect	VERB
cblr-14249	111	71	“	"	PUNCT
cblr-14249	111	72	competition	competition	NOUN
cblr-14249	111	73	,	,	PUNCT
cblr-14249	111	74	not	not	PART
cblr-14249	111	75	competitors	competitor	NOUN
cblr-14249	111	76	.	.	PUNCT
cblr-14249	112	1	”18	”18	VERB
cblr-14249	112	2	the	the	DET
cblr-14249	112	3	roots	root	NOUN
cblr-14249	112	4	of	of	ADP
cblr-14249	112	5	this	this	DET
cblr-14249	112	6	economically	economically	ADV
cblr-14249	112	7	coherent	coherent	ADJ
cblr-14249	112	8	definition	definition	NOUN
cblr-14249	112	9	of	of	ADP
cblr-14249	112	10	competition	competition	NOUN
cblr-14249	112	11	are	be	AUX
cblr-14249	112	12	found	find	VERB
cblr-14249	112	13	in	in	ADP
cblr-14249	112	14	northern	northern	ADJ
cblr-14249	112	15	pacific,19	pacific,19	NOUN
cblr-14249	112	16	where	where	SCONJ
cblr-14249	112	17	the	the	DET
cblr-14249	112	18	supreme	supreme	PROPN
cblr-14249	112	19	court	court	PROPN
cblr-14249	112	20	acknowledged	acknowledge	VERB
cblr-14249	112	21	that	that	SCONJ
cblr-14249	112	22	the	the	DET
cblr-14249	112	23	sherman	sherman	PROPN
cblr-14249	112	24	act	act	PROPN
cblr-14249	112	25	was	be	AUX
cblr-14249	112	26	aimed	aim	VERB
cblr-14249	112	27	at	at	ADP
cblr-14249	112	28	preserving	preserve	VERB
cblr-14249	112	29	the	the	DET
cblr-14249	112	30	“	"	PUNCT
cblr-14249	112	31	unrestrained	unrestrained	ADJ
cblr-14249	112	32	interaction	interaction	NOUN
cblr-14249	112	33	of	of	ADP
cblr-14249	112	34	competitive	competitive	ADJ
cblr-14249	112	35	forces	force	NOUN
cblr-14249	112	36	”	"	PUNCT
cblr-14249	112	37	that	that	PRON
cblr-14249	112	38	drives	drive	VERB
cblr-14249	112	39	prices	price	NOUN
cblr-14249	112	40	down	down	ADP
cblr-14249	112	41	and	and	CCONJ
cblr-14249	112	42	promotes	promote	VERB
cblr-14249	112	43	increased	increase	VERB
cblr-14249	112	44	quality	quality	NOUN
cblr-14249	112	45	and	and	CCONJ
cblr-14249	112	46	innovation	innovation	NOUN
cblr-14249	112	47	,	,	PUNCT
cblr-14249	112	48	yielding	yield	VERB
cblr-14249	112	49	the	the	DET
cblr-14249	112	50	best	good	ADJ
cblr-14249	112	51	allocation	allocation	NOUN
cblr-14249	112	52	of	of	ADP
cblr-14249	112	53	our	our	PRON
cblr-14249	112	54	nation	nation	NOUN
cblr-14249	112	55	’s	’s	PART
cblr-14249	112	56	resources	resource	NOUN
cblr-14249	112	57	while	while	SCONJ
cblr-14249	112	58	simultaneously	simultaneously	ADV
cblr-14249	112	59	preserving	preserve	VERB
cblr-14249	112	60	an	an	DET
cblr-14249	112	61	environment	environment	NOUN
cblr-14249	112	62	conducive	conducive	ADJ
cblr-14249	112	63	to	to	ADP
cblr-14249	112	64	our	our	PRON
cblr-14249	112	65	democracy	democracy	NOUN
cblr-14249	112	66	.	.	PUNCT
cblr-14249	113	1	that	that	DET
cblr-14249	113	2	language	language	NOUN
cblr-14249	113	3	is	be	AUX
cblr-14249	113	4	quoted	quote	VERB
cblr-14249	113	5	in	in	ADP
cblr-14249	113	6	board	board	NOUN
cblr-14249	113	7	of	of	ADP
cblr-14249	113	8	regents,20	regents,20	NOUN
cblr-14249	113	9	which	which	PRON
cblr-14249	113	10	was	be	AUX
cblr-14249	113	11	in	in	ADP
cblr-14249	113	12	turn	turn	NOUN
cblr-14249	113	13	is	be	AUX
cblr-14249	113	14	referenced	reference	VERB
cblr-14249	113	15	in	in	ADP
cblr-14249	113	16	the	the	DET
cblr-14249	113	17	opening	opening	NOUN
cblr-14249	113	18	passage	passage	NOUN
cblr-14249	113	19	of	of	ADP
cblr-14249	113	20	ncaa	ncaa	PROPN
cblr-14249	113	21	v.	v.	ADP
cblr-14249	113	22	alston.21	alston.21	PROPN
cblr-14249	113	23	although	although	SCONJ
cblr-14249	113	24	the	the	DET
cblr-14249	113	25	sherman	sherman	PROPN
cblr-14249	113	26	and	and	CCONJ
cblr-14249	113	27	clayton	clayton	PROPN
cblr-14249	113	28	acts	act	NOUN
cblr-14249	113	29	are	be	AUX
cblr-14249	113	30	different	different	ADJ
cblr-14249	113	31	statutes	statute	NOUN
cblr-14249	113	32	,	,	PUNCT
cblr-14249	113	33	the	the	DET
cblr-14249	113	34	sherman	sherman	PROPN
cblr-14249	113	35	act	act	PROPN
cblr-14249	113	36	approach	approach	NOUN
cblr-14249	113	37	to	to	ADP
cblr-14249	113	38	understanding	understand	VERB
cblr-14249	113	39	17	17	NUM
cblr-14249	113	40	novell	novell	NOUN
cblr-14249	113	41	,	,	PUNCT
cblr-14249	113	42	inc	inc	PROPN
cblr-14249	113	43	.	.	PROPN
cblr-14249	114	1	v.	v.	PROPN
cblr-14249	114	2	microsoft	microsoft	PROPN
cblr-14249	114	3	corp	corp	PROPN
cblr-14249	114	4	.	.	PROPN
cblr-14249	114	5	,	,	PUNCT
cblr-14249	114	6	731	731	NUM
cblr-14249	114	7	f.3d	f.3d	NUM
cblr-14249	114	8	1064	1064	NUM
cblr-14249	114	9	,	,	PUNCT
cblr-14249	114	10	1072	1072	NUM
cblr-14249	114	11	(	(	PUNCT
cblr-14249	114	12	10th	10th	ADJ
cblr-14249	114	13	cir	cir	NOUN
cblr-14249	114	14	.	.	PROPN
cblr-14249	114	15	2013	2013	NUM
cblr-14249	114	16	)	)	PUNCT
cblr-14249	114	17	.	.	PUNCT
cblr-14249	115	1	18	18	NUM
cblr-14249	115	2	brown	brown	PROPN
cblr-14249	115	3	shoe	shoe	PROPN
cblr-14249	115	4	co.	co.	PROPN
cblr-14249	115	5	v.	v.	ADP
cblr-14249	115	6	united	united	PROPN
cblr-14249	115	7	states	states	PROPN
cblr-14249	115	8	,	,	PUNCT
cblr-14249	115	9	370	370	NUM
cblr-14249	115	10	u.s	u.s	PROPN
cblr-14249	115	11	.	.	PROPN
cblr-14249	115	12	294	294	NUM
cblr-14249	115	13	,	,	PUNCT
cblr-14249	115	14	344	344	NUM
cblr-14249	115	15	(	(	PUNCT
cblr-14249	115	16	1962	1962	NUM
cblr-14249	115	17	)	)	PUNCT
cblr-14249	115	18	.	.	PUNCT
cblr-14249	116	1	19	19	NUM
cblr-14249	116	2	n.	n.	PROPN
cblr-14249	116	3	pac	pac	PROPN
cblr-14249	116	4	.	.	PUNCT
cblr-14249	116	5	ry	ry	PROPN
cblr-14249	116	6	.	.	PROPN
cblr-14249	116	7	co.	co.	PROPN
cblr-14249	116	8	v.	v.	PROPN
cblr-14249	116	9	united	united	PROPN
cblr-14249	116	10	states	states	PROPN
cblr-14249	116	11	,	,	PUNCT
cblr-14249	116	12	356	356	NUM
cblr-14249	116	13	u.s	u.s	PROPN
cblr-14249	116	14	.	.	PROPN
cblr-14249	116	15	1	1	NUM
cblr-14249	116	16	,	,	PUNCT
cblr-14249	116	17	4	4	NUM
cblr-14249	116	18	(	(	PUNCT
cblr-14249	116	19	1958	1958	NUM
cblr-14249	116	20	)	)	PUNCT
cblr-14249	116	21	.	.	PUNCT
cblr-14249	117	1	20	20	NUM
cblr-14249	117	2	nat'l	nat'l	NOUN
cblr-14249	117	3	collegiate	collegiate	VERB
cblr-14249	117	4	athletic	athletic	ADJ
cblr-14249	117	5	ass'n	ass'n	PROPN
cblr-14249	117	6	v.	v.	PROPN
cblr-14249	117	7	bd	bd	PROPN
cblr-14249	117	8	.	.	PROPN
cblr-14249	117	9	of	of	ADP
cblr-14249	117	10	regents	regent	NOUN
cblr-14249	117	11	of	of	ADP
cblr-14249	117	12	univ	univ	PROPN
cblr-14249	117	13	.	.	PROPN
cblr-14249	117	14	of	of	ADP
cblr-14249	117	15	okla	okla	PROPN
cblr-14249	117	16	.	.	PUNCT
cblr-14249	118	1	,	,	PUNCT
cblr-14249	118	2	468	468	NUM
cblr-14249	118	3	u.s	u.s	PROPN
cblr-14249	118	4	.	.	PROPN
cblr-14249	118	5	85	85	NUM
cblr-14249	118	6	,	,	PUNCT
cblr-14249	118	7	104	104	NUM
cblr-14249	118	8	n.27	n.27	X
cblr-14249	118	9	(	(	PUNCT
cblr-14249	118	10	1984	1984	NUM
cblr-14249	118	11	)	)	PUNCT
cblr-14249	118	12	.	.	PUNCT
cblr-14249	119	1	21	21	NUM
cblr-14249	119	2	nat'l	nat'l	NOUN
cblr-14249	119	3	collegiate	collegiate	VERB
cblr-14249	119	4	athletic	athletic	ADJ
cblr-14249	119	5	ass'n	ass'n	PROPN
cblr-14249	119	6	v.	v.	PROPN
cblr-14249	119	7	alston	alston	PROPN
cblr-14249	119	8	,	,	PUNCT
cblr-14249	119	9	594	594	NUM
cblr-14249	119	10	u.s	u.s	PROPN
cblr-14249	119	11	.	.	PROPN
cblr-14249	119	12	69	69	NUM
cblr-14249	119	13	,	,	PUNCT
cblr-14249	119	14	73	73	NUM
cblr-14249	119	15	(	(	PUNCT
cblr-14249	119	16	2021	2021	NUM
cblr-14249	119	17	)	)	PUNCT
cblr-14249	119	18	(	(	PUNCT
cblr-14249	119	19	“	"	PUNCT
cblr-14249	119	20	in	in	ADP
cblr-14249	119	21	the	the	DET
cblr-14249	119	22	sherman	sherman	PROPN
cblr-14249	119	23	act	act	PROPN
cblr-14249	119	24	,	,	PUNCT
cblr-14249	119	25	congress	congress	PROPN
cblr-14249	119	26	tasked	task	VERB
cblr-14249	119	27	courts	court	NOUN
cblr-14249	119	28	with	with	ADP
cblr-14249	119	29	enforcing	enforce	VERB
cblr-14249	119	30	an	an	DET
cblr-14249	119	31	antitrust	antitrust	ADJ
cblr-14249	119	32	policy	policy	NOUN
cblr-14249	119	33	of	of	ADP
cblr-14249	119	34	competition	competition	NOUN
cblr-14249	119	35	on	on	ADP
cblr-14249	119	36	the	the	DET
cblr-14249	119	37	theory	theory	NOUN
cblr-14249	119	38	that	that	SCONJ
cblr-14249	119	39	market	market	NOUN
cblr-14249	119	40	forces	force	NOUN
cblr-14249	119	41	‘	'	PUNCT
cblr-14249	119	42	yield	yield	VERB
cblr-14249	119	43	the	the	DET
cblr-14249	119	44	best	good	ADJ
cblr-14249	119	45	allocation	allocation	NOUN
cblr-14249	119	46	’	'	PUNCT
cblr-14249	119	47	of	of	ADP
cblr-14249	119	48	the	the	DET
cblr-14249	119	49	nation	nation	NOUN
cblr-14249	119	50	's	's	PART
cblr-14249	119	51	resources	resource	NOUN
cblr-14249	119	52	.	.	PUNCT
cblr-14249	119	53	”	"	PUNCT
cblr-14249	119	54	)	)	PUNCT
cblr-14249	119	55	(	(	PUNCT
cblr-14249	119	56	citing	cite	VERB
cblr-14249	119	57	nat'l	nat'l	NOUN
cblr-14249	119	58	collegiate	collegiate	VERB
cblr-14249	119	59	athletic	athletic	ADJ
cblr-14249	119	60	ass'n	ass'n	PROPN
cblr-14249	119	61	v.	v.	PROPN
cblr-14249	119	62	bd	bd	PROPN
cblr-14249	119	63	.	.	PROPN
cblr-14249	119	64	of	of	ADP
cblr-14249	119	65	regents	regent	NOUN
cblr-14249	119	66	of	of	ADP
cblr-14249	119	67	univ	univ	PROPN
cblr-14249	119	68	.	.	PROPN
cblr-14249	120	1	of	of	ADP
cblr-14249	120	2	okla	okla	PROPN
cblr-14249	120	3	.	.	PUNCT
cblr-14249	121	1	,	,	PUNCT
cblr-14249	121	2	468	468	NUM
cblr-14249	121	3	u.s	u.s	PROPN
cblr-14249	121	4	.	.	PROPN
cblr-14249	121	5	85	85	NUM
cblr-14249	121	6	,	,	PUNCT
cblr-14249	121	7	104	104	NUM
cblr-14249	121	8	n.27	n.27	X
cblr-14249	121	9	(	(	PUNCT
cblr-14249	121	10	1984	1984	NUM
cblr-14249	121	11	)	)	PUNCT
cblr-14249	121	12	)	)	PUNCT
cblr-14249	121	13	.	.	PUNCT
cblr-14249	122	1	108	108	NUM
cblr-14249	122	2	columbia	columbia	PROPN
cblr-14249	122	3	business	business	NOUN
cblr-14249	122	4	law	law	PROPN
cblr-14249	122	5	review	review	NOUN
cblr-14249	122	6	[	[	X
cblr-14249	122	7	vol	vol	NOUN
cblr-14249	122	8	.	.	PUNCT
cblr-14249	122	9	2025	2025	NUM
cblr-14249	122	10	competition	competition	NOUN
cblr-14249	122	11	as	as	ADP
cblr-14249	122	12	an	an	DET
cblr-14249	122	13	economic	economic	ADJ
cblr-14249	122	14	process	process	NOUN
cblr-14249	122	15	was	be	AUX
cblr-14249	122	16	replicated	replicate	VERB
cblr-14249	122	17	into	into	ADP
cblr-14249	122	18	clayton	clayton	PROPN
cblr-14249	122	19	act	act	PROPN
cblr-14249	122	20	jurisprudence	jurisprudence	NOUN
cblr-14249	122	21	in	in	ADP
cblr-14249	122	22	brunswick22	brunswick22	PROPN
cblr-14249	122	23	and	and	CCONJ
cblr-14249	122	24	cargill.23	cargill.23	ADV
cblr-14249	122	25	thinking	think	VERB
cblr-14249	122	26	about	about	ADP
cblr-14249	122	27	the	the	DET
cblr-14249	122	28	economic	economic	ADJ
cblr-14249	122	29	forces	force	NOUN
cblr-14249	122	30	involved	involve	VERB
cblr-14249	122	31	in	in	ADP
cblr-14249	122	32	the	the	DET
cblr-14249	122	33	competitive	competitive	ADJ
cblr-14249	122	34	process	process	NOUN
cblr-14249	122	35	helps	helps	AUX
cblr-14249	122	36	clarify	clarify	VERB
cblr-14249	122	37	what	what	PRON
cblr-14249	122	38	we	we	PRON
cblr-14249	122	39	are	be	AUX
cblr-14249	122	40	protecting	protect	VERB
cblr-14249	122	41	when	when	SCONJ
cblr-14249	122	42	we	we	PRON
cblr-14249	122	43	protect	protect	VERB
cblr-14249	122	44	competition	competition	NOUN
cblr-14249	122	45	.	.	PUNCT
cblr-14249	123	1	would	would	AUX
cblr-14249	123	2	a	a	DET
cblr-14249	123	3	merger	merger	NOUN
cblr-14249	123	4	make	make	VERB
cblr-14249	123	5	the	the	DET
cblr-14249	123	6	merged	merged	ADJ
cblr-14249	123	7	firm	firm	NOUN
cblr-14249	123	8	a	a	DET
cblr-14249	123	9	more	more	ADV
cblr-14249	123	10	forceful	forceful	ADJ
cblr-14249	123	11	competitor	competitor	NOUN
cblr-14249	123	12	by	by	ADP
cblr-14249	123	13	enabling	enable	VERB
cblr-14249	123	14	it	it	PRON
cblr-14249	123	15	to	to	PART
cblr-14249	123	16	offer	offer	VERB
cblr-14249	123	17	better	well	ADJ
cblr-14249	123	18	products	product	NOUN
cblr-14249	123	19	and	and	CCONJ
cblr-14249	123	20	services	service	NOUN
cblr-14249	123	21	?	?	PUNCT
cblr-14249	124	1	if	if	SCONJ
cblr-14249	124	2	so	so	ADV
cblr-14249	124	3	,	,	PUNCT
cblr-14249	124	4	that	that	SCONJ
cblr-14249	124	5	merger	merger	NOUN
cblr-14249	124	6	drives	drive	VERB
cblr-14249	124	7	the	the	DET
cblr-14249	124	8	competitive	competitive	ADJ
cblr-14249	124	9	process	process	NOUN
cblr-14249	124	10	.	.	PUNCT
cblr-14249	125	1	on	on	ADP
cblr-14249	125	2	the	the	DET
cblr-14249	125	3	other	other	ADJ
cblr-14249	125	4	hand	hand	NOUN
cblr-14249	125	5	,	,	PUNCT
cblr-14249	125	6	what	what	PRON
cblr-14249	125	7	if	if	SCONJ
cblr-14249	125	8	the	the	DET
cblr-14249	125	9	merger	merger	NOUN
cblr-14249	125	10	could	could	AUX
cblr-14249	125	11	sap	sap	VERB
cblr-14249	125	12	the	the	DET
cblr-14249	125	13	strength	strength	NOUN
cblr-14249	125	14	from	from	ADP
cblr-14249	125	15	opposing	oppose	VERB
cblr-14249	125	16	forces	force	NOUN
cblr-14249	125	17	by	by	ADP
cblr-14249	125	18	raising	raise	VERB
cblr-14249	125	19	the	the	DET
cblr-14249	125	20	costs	cost	NOUN
cblr-14249	125	21	they	they	PRON
cblr-14249	125	22	must	must	AUX
cblr-14249	125	23	incur	incur	VERB
cblr-14249	125	24	to	to	PART
cblr-14249	125	25	compete	compete	VERB
cblr-14249	125	26	?	?	PUNCT
cblr-14249	126	1	or	or	CCONJ
cblr-14249	126	2	what	what	PRON
cblr-14249	126	3	if	if	SCONJ
cblr-14249	126	4	it	it	PRON
cblr-14249	126	5	results	result	VERB
cblr-14249	126	6	in	in	ADP
cblr-14249	126	7	a	a	DET
cblr-14249	126	8	cozy	cozy	ADJ
cblr-14249	126	9	oligopoly	oligopoly	NOUN
cblr-14249	126	10	where	where	SCONJ
cblr-14249	126	11	rivals	rival	NOUN
cblr-14249	126	12	pull	pull	VERB
cblr-14249	126	13	punches	punch	NOUN
cblr-14249	126	14	and	and	CCONJ
cblr-14249	126	15	attack	attack	VERB
cblr-14249	126	16	each	each	DET
cblr-14249	126	17	other	other	ADJ
cblr-14249	126	18	less	less	ADV
cblr-14249	126	19	forcefully	forcefully	ADV
cblr-14249	126	20	?	?	PUNCT
cblr-14249	127	1	those	those	PRON
cblr-14249	127	2	are	be	AUX
cblr-14249	127	3	harms	harm	NOUN
cblr-14249	127	4	to	to	ADP
cblr-14249	127	5	the	the	DET
cblr-14249	127	6	competitive	competitive	ADJ
cblr-14249	127	7	process	process	NOUN
cblr-14249	127	8	as	as	SCONJ
cblr-14249	127	9	we	we	PRON
cblr-14249	127	10	have	have	AUX
cblr-14249	127	11	defined	define	VERB
cblr-14249	127	12	it	it	PRON
cblr-14249	127	13	.	.	PUNCT
cblr-14249	128	1	we	we	PRON
cblr-14249	128	2	also	also	ADV
cblr-14249	128	3	have	have	VERB
cblr-14249	128	4	to	to	PART
cblr-14249	128	5	remember	remember	VERB
cblr-14249	128	6	it	it	PRON
cblr-14249	128	7	is	be	AUX
cblr-14249	128	8	the	the	DET
cblr-14249	128	9	dynamic	dynamic	ADJ
cblr-14249	128	10	nature	nature	NOUN
cblr-14249	128	11	of	of	ADP
cblr-14249	128	12	competitive	competitive	ADJ
cblr-14249	128	13	forces	force	NOUN
cblr-14249	128	14	that	that	PRON
cblr-14249	128	15	creates	create	VERB
cblr-14249	128	16	particularly	particularly	ADV
cblr-14249	128	17	significant	significant	ADJ
cblr-14249	128	18	benefits	benefit	NOUN
cblr-14249	128	19	for	for	ADP
cblr-14249	128	20	society	society	NOUN
cblr-14249	128	21	.	.	PUNCT
cblr-14249	129	1	as	as	SCONJ
cblr-14249	129	2	joseph	joseph	PROPN
cblr-14249	129	3	schumpeter	schumpeter	PROPN
cblr-14249	129	4	highlighted	highlight	VERB
cblr-14249	129	5	,	,	PUNCT
cblr-14249	129	6	competition	competition	NOUN
cblr-14249	129	7	is	be	AUX
cblr-14249	129	8	a	a	DET
cblr-14249	129	9	“	"	PUNCT
cblr-14249	129	10	process	process	NOUN
cblr-14249	129	11	of	of	ADP
cblr-14249	129	12	creative	creative	ADJ
cblr-14249	129	13	destruction	destruction	NOUN
cblr-14249	129	14	.	.	PUNCT
cblr-14249	130	1	”24	”24	VERB
cblr-14249	130	2	this	this	PRON
cblr-14249	130	3	is	be	AUX
cblr-14249	130	4	always	always	ADV
cblr-14249	130	5	worth	worth	ADJ
cblr-14249	130	6	remembering	remember	VERB
cblr-14249	130	7	.	.	PUNCT
cblr-14249	131	1	static	static	ADJ
cblr-14249	131	2	pricing	pricing	NOUN
cblr-14249	131	3	incentives	incentive	NOUN
cblr-14249	131	4	are	be	AUX
cblr-14249	131	5	one	one	NUM
cblr-14249	131	6	measure	measure	NOUN
cblr-14249	131	7	of	of	ADP
cblr-14249	131	8	competitive	competitive	ADJ
cblr-14249	131	9	force	force	NOUN
cblr-14249	131	10	,	,	PUNCT
cblr-14249	131	11	but	but	CCONJ
cblr-14249	131	12	if	if	SCONJ
cblr-14249	131	13	we	we	PRON
cblr-14249	131	14	narrow	narrow	VERB
cblr-14249	131	15	our	our	PRON
cblr-14249	131	16	focus	focus	NOUN
cblr-14249	131	17	to	to	ADP
cblr-14249	131	18	them	they	PRON
cblr-14249	131	19	,	,	PUNCT
cblr-14249	131	20	we	we	PRON
cblr-14249	131	21	lose	lose	VERB
cblr-14249	131	22	sight	sight	NOUN
cblr-14249	131	23	of	of	ADP
cblr-14249	131	24	important	important	ADJ
cblr-14249	131	25	longer	long	ADJ
cblr-14249	131	26	-	-	PUNCT
cblr-14249	131	27	term	term	NOUN
cblr-14249	131	28	effects	effect	NOUN
cblr-14249	131	29	.	.	PUNCT
cblr-14249	132	1	we	we	PRON
cblr-14249	132	2	need	need	VERB
cblr-14249	132	3	to	to	PART
cblr-14249	132	4	preserve	preserve	VERB
cblr-14249	132	5	the	the	DET
cblr-14249	132	6	incentives	incentive	NOUN
cblr-14249	132	7	to	to	PART
cblr-14249	132	8	invest	invest	VERB
cblr-14249	132	9	and	and	CCONJ
cblr-14249	132	10	innovate	innovate	VERB
cblr-14249	132	11	that	that	PRON
cblr-14249	132	12	help	help	VERB
cblr-14249	132	13	firms	firm	NOUN
cblr-14249	132	14	gain	gain	VERB
cblr-14249	132	15	strength	strength	NOUN
cblr-14249	132	16	and	and	CCONJ
cblr-14249	132	17	become	become	VERB
cblr-14249	132	18	more	more	ADV
cblr-14249	132	19	forceful	forceful	ADJ
cblr-14249	132	20	competitors	competitor	NOUN
cblr-14249	132	21	over	over	ADP
cblr-14249	132	22	time	time	NOUN
cblr-14249	132	23	.	.	PUNCT
cblr-14249	133	1	so	so	ADV
cblr-14249	133	2	that	that	PRON
cblr-14249	133	3	’s	’	VERB
cblr-14249	133	4	our	our	PRON
cblr-14249	133	5	first	first	ADJ
cblr-14249	133	6	translation	translation	NOUN
cblr-14249	133	7	.	.	PUNCT
cblr-14249	134	1	and	and	CCONJ
cblr-14249	134	2	it	it	PRON
cblr-14249	134	3	is	be	AUX
cblr-14249	134	4	critical	critical	ADJ
cblr-14249	134	5	to	to	ADP
cblr-14249	134	6	applying	apply	VERB
cblr-14249	134	7	the	the	DET
cblr-14249	134	8	earlier	early	ADJ
cblr-14249	134	9	clayton	clayton	PROPN
cblr-14249	134	10	act	act	PROPN
cblr-14249	134	11	precedents	precedent	NOUN
cblr-14249	134	12	.	.	PUNCT
cblr-14249	135	1	22	22	NUM
cblr-14249	135	2	brunswick	brunswick	PROPN
cblr-14249	135	3	corp	corp	PROPN
cblr-14249	135	4	.	.	PROPN
cblr-14249	135	5	v.	v.	ADP
cblr-14249	135	6	pueblo	pueblo	PROPN
cblr-14249	135	7	bowl	bowl	PROPN
cblr-14249	135	8	-	-	PUNCT
cblr-14249	135	9	o	o	NOUN
cblr-14249	135	10	-	-	NOUN
cblr-14249	135	11	mat	mat	ADJ
cblr-14249	135	12	,	,	PUNCT
cblr-14249	135	13	inc	inc	PROPN
cblr-14249	135	14	.	.	PROPN
cblr-14249	135	15	,	,	PUNCT
cblr-14249	135	16	429	429	NUM
cblr-14249	135	17	u.s	u.s	PROPN
cblr-14249	135	18	.	.	PROPN
cblr-14249	135	19	477	477	NUM
cblr-14249	135	20	,	,	PUNCT
cblr-14249	135	21	488	488	NUM
cblr-14249	135	22	(	(	PUNCT
cblr-14249	135	23	1977	1977	NUM
cblr-14249	135	24	)	)	PUNCT
cblr-14249	135	25	.	.	PUNCT
cblr-14249	136	1	23	23	NUM
cblr-14249	136	2	cargill	cargill	PROPN
cblr-14249	136	3	,	,	PUNCT
cblr-14249	136	4	inc	inc	PROPN
cblr-14249	136	5	.	.	PROPN
cblr-14249	136	6	v.	v.	ADP
cblr-14249	136	7	monfort	monfort	NOUN
cblr-14249	136	8	of	of	ADP
cblr-14249	136	9	colo	colo	PROPN
cblr-14249	136	10	.	.	PROPN
cblr-14249	136	11	,	,	PUNCT
cblr-14249	136	12	inc	inc	PROPN
cblr-14249	136	13	.	.	PROPN
cblr-14249	136	14	,	,	PUNCT
cblr-14249	136	15	479	479	NUM
cblr-14249	136	16	u.s	u.s	PROPN
cblr-14249	136	17	.	.	PROPN
cblr-14249	136	18	104	104	NUM
cblr-14249	136	19	,	,	PUNCT
cblr-14249	136	20	114	114	NUM
cblr-14249	136	21	-	-	SYM
cblr-14249	136	22	118	118	NUM
cblr-14249	136	23	(	(	PUNCT
cblr-14249	136	24	1986	1986	NUM
cblr-14249	136	25	)	)	PUNCT
cblr-14249	136	26	.	.	PUNCT
cblr-14249	137	1	24	24	NUM
cblr-14249	137	2	joseph	joseph	PROPN
cblr-14249	137	3	a.	a.	NOUN
cblr-14249	137	4	schumpeter	schumpeter	PROPN
cblr-14249	137	5	,	,	PUNCT
cblr-14249	137	6	capitalism	capitalism	NOUN
cblr-14249	137	7	,	,	PUNCT
cblr-14249	137	8	socialism	socialism	NOUN
cblr-14249	137	9	,	,	PUNCT
cblr-14249	137	10	and	and	CCONJ
cblr-14249	137	11	democracy	democracy	NOUN
cblr-14249	137	12	81–84	81–84	NOUN
cblr-14249	137	13	(	(	PUNCT
cblr-14249	137	14	1942	1942	NUM
cblr-14249	137	15	)	)	PUNCT
cblr-14249	137	16	;	;	PUNCT
cblr-14249	137	17	see	see	VERB
cblr-14249	137	18	also	also	ADV
cblr-14249	137	19	michael	michael	PROPN
cblr-14249	137	20	l.	l.	PROPN
cblr-14249	137	21	katz	katz	PROPN
cblr-14249	137	22	&	&	CCONJ
cblr-14249	137	23	howard	howard	PROPN
cblr-14249	137	24	a.	a.	PROPN
cblr-14249	137	25	shelanski	shelanski	PROPN
cblr-14249	137	26	,	,	PUNCT
cblr-14249	137	27	schumpeterian	schumpeterian	ADJ
cblr-14249	137	28	”	"	PUNCT
cblr-14249	137	29	competition	competition	NOUN
cblr-14249	137	30	and	and	CCONJ
cblr-14249	137	31	antitrust	antitrust	ADJ
cblr-14249	137	32	policy	policy	NOUN
cblr-14249	137	33	in	in	ADP
cblr-14249	137	34	high	high	ADJ
cblr-14249	137	35	-	-	PUNCT
cblr-14249	137	36	tech	tech	NOUN
cblr-14249	137	37	markets	market	NOUN
cblr-14249	137	38	,	,	PUNCT
cblr-14249	137	39	14	14	NUM
cblr-14249	137	40	competition	competition	NOUN
cblr-14249	137	41	47	47	NUM
cblr-14249	137	42	,	,	PUNCT
cblr-14249	137	43	51	51	NUM
cblr-14249	137	44	(	(	PUNCT
cblr-14249	137	45	2005	2005	NUM
cblr-14249	137	46	)	)	PUNCT
cblr-14249	137	47	.	.	PUNCT
cblr-14249	138	1	no	no	INTJ
cblr-14249	138	2	.	.	NOUN
cblr-14249	139	1	1	1	NUM
cblr-14249	139	2	]	]	X
cblr-14249	139	3	contemporary	contemporary	ADJ
cblr-14249	139	4	merger	merger	NOUN
cblr-14249	139	5	review	review	NOUN
cblr-14249	139	6	under	under	ADP
cblr-14249	139	7	the	the	DET
cblr-14249	139	8	rule	rule	NOUN
cblr-14249	139	9	of	of	ADP
cblr-14249	139	10	law	law	NOUN
cblr-14249	139	11	109	109	NUM
cblr-14249	139	12	b.	b.	NOUN
cblr-14249	139	13	translating	translate	VERB
cblr-14249	139	14	the	the	DET
cblr-14249	139	15	burden	burden	NOUN
cblr-14249	139	16	of	of	ADP
cblr-14249	139	17	proof	proof	NOUN
cblr-14249	139	18	—	—	PUNCT
cblr-14249	139	19	maybe	maybe	ADV
cblr-14249	139	20	it	it	PRON
cblr-14249	139	21	’s	’	VERB
cblr-14249	139	22	“	"	PUNCT
cblr-14249	139	23	may	may	AUX
cblr-14249	139	24	be	be	AUX
cblr-14249	139	25	”	"	PUNCT
cblr-14249	139	26	?	?	PUNCT
cblr-14249	140	1	for	for	ADP
cblr-14249	140	2	my	my	PRON
cblr-14249	140	3	second	second	ADJ
cblr-14249	140	4	translation	translation	NOUN
cblr-14249	140	5	,	,	PUNCT
cblr-14249	140	6	we	we	PRON
cblr-14249	140	7	can	can	AUX
cblr-14249	140	8	not	not	PART
cblr-14249	140	9	simply	simply	ADV
cblr-14249	140	10	borrow	borrow	VERB
cblr-14249	140	11	from	from	ADP
cblr-14249	140	12	sherman	sherman	PROPN
cblr-14249	140	13	act	act	PROPN
cblr-14249	140	14	jurisprudence	jurisprudence	NOUN
cblr-14249	140	15	because	because	SCONJ
cblr-14249	140	16	it	it	PRON
cblr-14249	140	17	is	be	AUX
cblr-14249	140	18	itself	itself	PRON
cblr-14249	140	19	a	a	DET
cblr-14249	140	20	difference	difference	NOUN
cblr-14249	140	21	in	in	ADP
cblr-14249	140	22	the	the	DET
cblr-14249	140	23	statutory	statutory	ADJ
cblr-14249	140	24	text	text	NOUN
cblr-14249	140	25	of	of	ADP
cblr-14249	140	26	the	the	DET
cblr-14249	140	27	sherman	sherman	PROPN
cblr-14249	140	28	and	and	CCONJ
cblr-14249	140	29	clayton	clayton	PROPN
cblr-14249	140	30	acts	act	VERB
cblr-14249	140	31	that	that	PRON
cblr-14249	140	32	needs	need	VERB
cblr-14249	140	33	to	to	PART
cblr-14249	140	34	be	be	AUX
cblr-14249	140	35	reconciled	reconcile	VERB
cblr-14249	140	36	.	.	PUNCT
cblr-14249	141	1	while	while	SCONJ
cblr-14249	141	2	the	the	DET
cblr-14249	141	3	sherman	sherman	PROPN
cblr-14249	141	4	act	act	PROPN
cblr-14249	141	5	prohibits	prohibit	VERB
cblr-14249	141	6	contracts	contract	NOUN
cblr-14249	141	7	that	that	PRON
cblr-14249	141	8	are	be	AUX
cblr-14249	141	9	in	in	ADP
cblr-14249	141	10	restraint	restraint	NOUN
cblr-14249	141	11	of	of	ADP
cblr-14249	141	12	trade	trade	NOUN
cblr-14249	141	13	,	,	PUNCT
cblr-14249	141	14	the	the	DET
cblr-14249	141	15	clayton	clayton	PROPN
cblr-14249	141	16	act	act	PROPN
cblr-14249	141	17	prohibits	prohibit	VERB
cblr-14249	141	18	mergers	merger	NOUN
cblr-14249	141	19	whose	whose	DET
cblr-14249	141	20	effect	effect	NOUN
cblr-14249	141	21	“	"	PUNCT
cblr-14249	141	22	may	may	AUX
cblr-14249	141	23	be	be	AUX
cblr-14249	141	24	”	"	PUNCT
cblr-14249	141	25	to	to	PART
cblr-14249	141	26	substantially	substantially	ADV
cblr-14249	141	27	lessen	lessen	VERB
cblr-14249	141	28	competition	competition	NOUN
cblr-14249	141	29	.	.	PUNCT
cblr-14249	142	1	unless	unless	SCONJ
cblr-14249	142	2	we	we	PRON
cblr-14249	142	3	are	be	AUX
cblr-14249	142	4	willing	willing	ADJ
cblr-14249	142	5	to	to	PART
cblr-14249	142	6	read	read	VERB
cblr-14249	142	7	the	the	DET
cblr-14249	142	8	word	word	NOUN
cblr-14249	142	9	“	"	PUNCT
cblr-14249	142	10	may	may	AUX
cblr-14249	142	11	”	"	PUNCT
cblr-14249	142	12	out	out	ADP
cblr-14249	142	13	of	of	ADP
cblr-14249	142	14	the	the	DET
cblr-14249	142	15	statute	statute	NOUN
cblr-14249	142	16	and	and	CCONJ
cblr-14249	142	17	to	to	PART
cblr-14249	142	18	look	look	VERB
cblr-14249	142	19	for	for	ADP
cblr-14249	142	20	what	what	PRON
cblr-14249	142	21	the	the	DET
cblr-14249	142	22	effect	effect	NOUN
cblr-14249	142	23	of	of	ADP
cblr-14249	142	24	the	the	DET
cblr-14249	142	25	merger	merger	NOUN
cblr-14249	142	26	“	"	PUNCT
cblr-14249	142	27	is	be	AUX
cblr-14249	142	28	,	,	PUNCT
cblr-14249	142	29	”	"	PUNCT
cblr-14249	142	30	we	we	PRON
cblr-14249	142	31	can	can	AUX
cblr-14249	142	32	not	not	PART
cblr-14249	142	33	simply	simply	ADV
cblr-14249	142	34	import	import	VERB
cblr-14249	142	35	the	the	DET
cblr-14249	142	36	sherman	sherman	PROPN
cblr-14249	142	37	act	act	PROPN
cblr-14249	142	38	rule	rule	NOUN
cblr-14249	142	39	of	of	ADP
cblr-14249	142	40	reason	reason	NOUN
cblr-14249	142	41	into	into	ADP
cblr-14249	142	42	the	the	DET
cblr-14249	142	43	clayton	clayton	PROPN
cblr-14249	142	44	act	act	PROPN
cblr-14249	142	45	.	.	PUNCT
cblr-14249	143	1	the	the	DET
cblr-14249	143	2	legislative	legislative	ADJ
cblr-14249	143	3	history	history	NOUN
cblr-14249	143	4	clarifies	clarify	VERB
cblr-14249	143	5	that	that	SCONJ
cblr-14249	143	6	congress	congress	PROPN
cblr-14249	143	7	chose	choose	VERB
cblr-14249	143	8	this	this	DET
cblr-14249	143	9	more	more	ADJ
cblr-14249	143	10	risk	risk	NOUN
cblr-14249	143	11	-	-	PUNCT
cblr-14249	143	12	averse	averse	ADJ
cblr-14249	143	13	language	language	NOUN
cblr-14249	143	14	intentionally	intentionally	ADV
cblr-14249	143	15	.	.	PUNCT
cblr-14249	144	1	in	in	ADP
cblr-14249	144	2	one	one	NUM
cblr-14249	144	3	iteration	iteration	NOUN
cblr-14249	144	4	of	of	ADP
cblr-14249	144	5	the	the	DET
cblr-14249	144	6	bill	bill	NOUN
cblr-14249	144	7	before	before	ADP
cblr-14249	144	8	enactment	enactment	NOUN
cblr-14249	144	9	,	,	PUNCT
cblr-14249	144	10	it	it	PRON
cblr-14249	144	11	would	would	AUX
cblr-14249	144	12	have	have	AUX
cblr-14249	144	13	applied	apply	VERB
cblr-14249	144	14	only	only	ADV
cblr-14249	144	15	“	"	PUNCT
cblr-14249	144	16	where	where	SCONJ
cblr-14249	144	17	the	the	DET
cblr-14249	144	18	effect	effect	NOUN
cblr-14249	144	19	is	be	AUX
cblr-14249	144	20	substantially	substantially	ADV
cblr-14249	144	21	to	to	PART
cblr-14249	144	22	lessen	lessen	VERB
cblr-14249	144	23	competition	competition	NOUN
cblr-14249	144	24	.	.	PUNCT
cblr-14249	145	1	”25	”25	ADJ
cblr-14249	145	2	but	but	CCONJ
cblr-14249	145	3	through	through	ADP
cblr-14249	145	4	a	a	DET
cblr-14249	145	5	compromise	compromise	NOUN
cblr-14249	145	6	between	between	ADP
cblr-14249	145	7	the	the	DET
cblr-14249	145	8	house	house	PROPN
cblr-14249	145	9	and	and	CCONJ
cblr-14249	145	10	senate	senate	PROPN
cblr-14249	145	11	,	,	PUNCT
cblr-14249	145	12	the	the	DET
cblr-14249	145	13	final	final	ADJ
cblr-14249	145	14	bill	bill	NOUN
cblr-14249	145	15	replaced	replace	VERB
cblr-14249	145	16	“	"	PUNCT
cblr-14249	145	17	is	be	AUX
cblr-14249	145	18	”	"	PUNCT
cblr-14249	145	19	with	with	ADP
cblr-14249	145	20	“	"	PUNCT
cblr-14249	145	21	may	may	AUX
cblr-14249	145	22	be	be	AUX
cblr-14249	145	23	.	.	PUNCT
cblr-14249	146	1	”26	”26	VERB
cblr-14249	146	2	when	when	SCONJ
cblr-14249	146	3	adopting	adopt	VERB
cblr-14249	146	4	this	this	DET
cblr-14249	146	5	final	final	ADJ
cblr-14249	146	6	language	language	NOUN
cblr-14249	146	7	,	,	PUNCT
cblr-14249	146	8	senator	senator	PROPN
cblr-14249	146	9	chilton	chilton	PROPN
cblr-14249	146	10	explained	explain	VERB
cblr-14249	146	11	that	that	SCONJ
cblr-14249	146	12	this	this	DET
cblr-14249	146	13	standard	standard	NOUN
cblr-14249	146	14	meant	mean	VERB
cblr-14249	146	15	“	"	PUNCT
cblr-14249	146	16	where	where	SCONJ
cblr-14249	146	17	it	it	PRON
cblr-14249	146	18	is	be	AUX
cblr-14249	146	19	possible	possible	ADJ
cblr-14249	146	20	for	for	SCONJ
cblr-14249	146	21	the	the	DET
cblr-14249	146	22	effect	effect	NOUN
cblr-14249	146	23	to	to	PART
cblr-14249	146	24	be	be	AUX
cblr-14249	146	25	.	.	PUNCT
cblr-14249	147	1	”27	”27	PROPN
cblr-14249	147	2	25	25	NUM
cblr-14249	147	3	see	see	VERB
cblr-14249	147	4	steven	steven	PROPN
cblr-14249	147	5	c.	c.	PROPN
cblr-14249	147	6	salop	salop	PROPN
cblr-14249	147	7	,	,	PUNCT
cblr-14249	147	8	the	the	DET
cblr-14249	147	9	appropriate	appropriate	ADJ
cblr-14249	147	10	decision	decision	NOUN
cblr-14249	147	11	standard	standard	NOUN
cblr-14249	147	12	for	for	ADP
cblr-14249	147	13	section	section	NOUN
cblr-14249	147	14	7	7	NUM
cblr-14249	147	15	cases	case	NOUN
cblr-14249	147	16	,	,	PUNCT
cblr-14249	147	17	53	53	NUM
cblr-14249	147	18	u.	u.	PROPN
cblr-14249	147	19	balt	balt	PROPN
cblr-14249	147	20	.	.	PUNCT
cblr-14249	148	1	l.	l.	PROPN
cblr-14249	148	2	rev	rev	PROPN
cblr-14249	148	3	.	.	PROPN
cblr-14249	148	4	449	449	NUM
cblr-14249	148	5	,	,	PUNCT
cblr-14249	148	6	460	460	NUM
cblr-14249	148	7	n.	n.	NOUN
cblr-14249	148	8	52	52	NUM
cblr-14249	148	9	(	(	PUNCT
cblr-14249	148	10	emphasis	emphasis	NOUN
cblr-14249	148	11	added	add	VERB
cblr-14249	148	12	)	)	PUNCT
cblr-14249	148	13	(	(	PUNCT
cblr-14249	148	14	“	"	PUNCT
cblr-14249	148	15	the	the	DET
cblr-14249	148	16	language	language	NOUN
cblr-14249	148	17	in	in	ADP
cblr-14249	148	18	the	the	DET
cblr-14249	148	19	house	house	NOUN
cblr-14249	148	20	bill	bill	NOUN
cblr-14249	148	21	was	be	AUX
cblr-14249	148	22	‘	'	PUNCT
cblr-14249	148	23	where	where	SCONJ
cblr-14249	148	24	the	the	DET
cblr-14249	148	25	effect	effect	NOUN
cblr-14249	148	26	is	be	AUX
cblr-14249	148	27	to	to	PART
cblr-14249	148	28	eliminate	eliminate	VERB
cblr-14249	148	29	or	or	CCONJ
cblr-14249	148	30	substantially	substantially	ADV
cblr-14249	148	31	reduce	reduce	VERB
cblr-14249	148	32	competition	competition	NOUN
cblr-14249	148	33	.	.	PUNCT
cblr-14249	148	34	’	'	PUNCT
cblr-14249	148	35	”	"	PUNCT
cblr-14249	148	36	)	)	PUNCT
cblr-14249	148	37	(	(	PUNCT
cblr-14249	148	38	citing	cite	VERB
cblr-14249	148	39	earl	earl	PROPN
cblr-14249	148	40	w.	w.	PROPN
cblr-14249	148	41	kintner	kintner	PROPN
cblr-14249	148	42	,	,	PUNCT
cblr-14249	148	43	the	the	DET
cblr-14249	148	44	legislative	legislative	ADJ
cblr-14249	148	45	history	history	NOUN
cblr-14249	148	46	of	of	ADP
cblr-14249	148	47	the	the	DET
cblr-14249	148	48	federal	federal	ADJ
cblr-14249	148	49	antitrust	antitrust	ADJ
cblr-14249	148	50	law	law	NOUN
cblr-14249	148	51	and	and	CCONJ
cblr-14249	148	52	related	relate	VERB
cblr-14249	148	53	statutes	statute	NOUN
cblr-14249	148	54	2515	2515	NUM
cblr-14249	148	55	(	(	PUNCT
cblr-14249	148	56	jeanette	jeanette	PROPN
cblr-14249	148	57	morrison	morrison	PROPN
cblr-14249	148	58	et	et	PROPN
cblr-14249	148	59	al	al	PROPN
cblr-14249	148	60	.	.	PUNCT
cblr-14249	148	61	eds	eds	PROPN
cblr-14249	148	62	.	.	PROPN
cblr-14249	148	63	,	,	PUNCT
cblr-14249	148	64	1978	1978	NUM
cblr-14249	148	65	)	)	PUNCT
cblr-14249	148	66	.	.	PUNCT
cblr-14249	149	1	26	26	NUM
cblr-14249	149	2	see	see	VERB
cblr-14249	149	3	i	i	PROPN
cblr-14249	149	4	d.	d.	PROPN
cblr-14249	149	5	(	(	PUNCT
cblr-14249	149	6	citing	cite	VERB
cblr-14249	149	7	earl	earl	PROPN
cblr-14249	149	8	w.	w.	PROPN
cblr-14249	149	9	kintner	kintner	PROPN
cblr-14249	149	10	,	,	PUNCT
cblr-14249	149	11	the	the	DET
cblr-14249	149	12	legislative	legislative	ADJ
cblr-14249	149	13	history	history	NOUN
cblr-14249	149	14	of	of	ADP
cblr-14249	149	15	the	the	DET
cblr-14249	149	16	federal	federal	ADJ
cblr-14249	149	17	antitrust	antitrust	ADJ
cblr-14249	149	18	law	law	NOUN
cblr-14249	149	19	and	and	CCONJ
cblr-14249	149	20	related	related	ADJ
cblr-14249	149	21	statutes	statute	NOUN
cblr-14249	149	22	2629	2629	NUM
cblr-14249	149	23	(	(	PUNCT
cblr-14249	149	24	jeanette	jeanette	PROPN
cblr-14249	149	25	morrison	morrison	PROPN
cblr-14249	149	26	et	et	PROPN
cblr-14249	149	27	al	al	PROPN
cblr-14249	149	28	.	.	PUNCT
cblr-14249	149	29	eds	eds	PROPN
cblr-14249	149	30	.	.	PROPN
cblr-14249	149	31	,	,	PUNCT
cblr-14249	149	32	1978	1978	NUM
cblr-14249	149	33	)	)	PUNCT
cblr-14249	149	34	.	.	PUNCT
cblr-14249	150	1	27	27	NUM
cblr-14249	151	1	i	i	PRON
cblr-14249	151	2	d.	d.	PROPN
cblr-14249	151	3	;	;	PUNCT
cblr-14249	151	4	see	see	VERB
cblr-14249	151	5	also	also	ADV
cblr-14249	151	6	michael	michael	PROPN
cblr-14249	151	7	kades	kades	PROPN
cblr-14249	151	8	,	,	PUNCT
cblr-14249	151	9	deputy	deputy	NOUN
cblr-14249	151	10	att’y	att’y	NUM
cblr-14249	151	11	gen	gen	PROPN
cblr-14249	151	12	.	.	PROPN
cblr-14249	151	13	,	,	PUNCT
cblr-14249	151	14	u.s	u.s	PROPN
cblr-14249	151	15	.	.	PROPN
cblr-14249	151	16	dep’t	dep’t	NOUN
cblr-14249	151	17	of	of	ADP
cblr-14249	151	18	just	just	ADV
cblr-14249	151	19	.	.	PUNCT
cblr-14249	151	20	,	,	PUNCT
cblr-14249	151	21	deputy	deputy	NOUN
cblr-14249	151	22	assistant	assistant	NOUN
cblr-14249	151	23	attorney	attorney	NOUN
cblr-14249	151	24	general	general	NOUN
cblr-14249	151	25	110	110	NUM
cblr-14249	151	26	columbia	columbia	PROPN
cblr-14249	151	27	business	business	NOUN
cblr-14249	151	28	law	law	PROPN
cblr-14249	151	29	review	review	NOUN
cblr-14249	151	30	[	[	X
cblr-14249	151	31	vol	vol	NOUN
cblr-14249	151	32	.	.	PUNCT
cblr-14249	151	33	2025	2025	NUM
cblr-14249	151	34	that	that	PRON
cblr-14249	151	35	leads	lead	VERB
cblr-14249	151	36	to	to	ADP
cblr-14249	151	37	one	one	NUM
cblr-14249	151	38	of	of	ADP
cblr-14249	151	39	brown	brown	ADJ
cblr-14249	151	40	shoe	shoe	NOUN
cblr-14249	151	41	’s	’s	PART
cblr-14249	151	42	most	most	ADV
cblr-14249	151	43	important	important	ADJ
cblr-14249	151	44	holdings	holding	NOUN
cblr-14249	151	45	.	.	PUNCT
cblr-14249	152	1	brown	brown	ADJ
cblr-14249	152	2	shoe	shoe	NOUN
cblr-14249	152	3	explained	explain	VERB
cblr-14249	152	4	that	that	SCONJ
cblr-14249	152	5	the	the	DET
cblr-14249	152	6	clayton	clayton	PROPN
cblr-14249	152	7	act	act	PROPN
cblr-14249	152	8	standard	standard	PROPN
cblr-14249	152	9	is	be	AUX
cblr-14249	152	10	“	"	PUNCT
cblr-14249	152	11	concern[ed	concern[ed	PROPN
cblr-14249	152	12	]	]	PUNCT
cblr-14249	152	13	with	with	ADP
cblr-14249	152	14	probabilities	probability	NOUN
cblr-14249	152	15	,	,	PUNCT
cblr-14249	152	16	not	not	PART
cblr-14249	152	17	certainties	certainty	NOUN
cblr-14249	152	18	”	"	PUNCT
cblr-14249	152	19	and	and	CCONJ
cblr-14249	152	20	it	it	PRON
cblr-14249	152	21	held	hold	VERB
cblr-14249	152	22	that	that	SCONJ
cblr-14249	152	23	it	it	PRON
cblr-14249	152	24	therefore	therefore	ADV
cblr-14249	152	25	prohibits	prohibit	VERB
cblr-14249	152	26	mergers	merger	NOUN
cblr-14249	152	27	with	with	ADP
cblr-14249	152	28	a	a	DET
cblr-14249	152	29	“	"	PUNCT
cblr-14249	152	30	reasonable	reasonable	ADJ
cblr-14249	152	31	probability	probability	NOUN
cblr-14249	152	32	”	"	PUNCT
cblr-14249	152	33	of	of	ADP
cblr-14249	152	34	anticompetitive	anticompetitive	ADJ
cblr-14249	152	35	effect.28	effect.28	NOUN
cblr-14249	152	36	this	this	DET
cblr-14249	152	37	holding	holding	NOUN
cblr-14249	152	38	has	have	AUX
cblr-14249	152	39	hardly	hardly	ADV
cblr-14249	152	40	been	be	AUX
cblr-14249	152	41	stowed	stow	VERB
cblr-14249	152	42	away	away	ADV
cblr-14249	152	43	,	,	PUNCT
cblr-14249	152	44	forgotten	forget	VERB
cblr-14249	152	45	in	in	ADP
cblr-14249	152	46	a	a	DET
cblr-14249	152	47	time	time	NOUN
cblr-14249	152	48	capsule	capsule	NOUN
cblr-14249	152	49	.	.	PUNCT
cblr-14249	153	1	it	it	PRON
cblr-14249	153	2	has	have	AUX
cblr-14249	153	3	routinely	routinely	ADV
cblr-14249	153	4	been	be	AUX
cblr-14249	153	5	relied	rely	VERB
cblr-14249	153	6	on	on	ADP
cblr-14249	153	7	by	by	ADP
cblr-14249	153	8	the	the	DET
cblr-14249	153	9	federal	federal	ADJ
cblr-14249	153	10	courts	court	NOUN
cblr-14249	153	11	,	,	PUNCT
cblr-14249	153	12	including	include	VERB
cblr-14249	153	13	in	in	ADP
cblr-14249	153	14	1990	1990	NUM
cblr-14249	153	15	when	when	SCONJ
cblr-14249	153	16	the	the	DET
cblr-14249	153	17	supreme	supreme	PROPN
cblr-14249	153	18	court	court	PROPN
cblr-14249	153	19	reminded	remind	VERB
cblr-14249	153	20	us	we	PRON
cblr-14249	153	21	in	in	ADP
cblr-14249	153	22	california	california	PROPN
cblr-14249	154	1	v.	v.	PROPN
cblr-14249	154	2	american	american	PROPN
cblr-14249	154	3	stores	store	NOUN
cblr-14249	154	4	that	that	PRON
cblr-14249	154	5	the	the	DET
cblr-14249	154	6	brown	brown	ADJ
cblr-14249	154	7	shoe	shoe	NOUN
cblr-14249	154	8	holding	hold	VERB
cblr-14249	154	9	establishes	establish	VERB
cblr-14249	154	10	a	a	DET
cblr-14249	154	11	“	"	PUNCT
cblr-14249	154	12	relatively	relatively	ADV
cblr-14249	154	13	expansive	expansive	ADJ
cblr-14249	154	14	definition	definition	NOUN
cblr-14249	154	15	of	of	ADP
cblr-14249	154	16	antitrust	antitrust	ADJ
cblr-14249	154	17	liability	liability	NOUN
cblr-14249	154	18	.	.	PUNCT
cblr-14249	155	1	”29	”29	VERB
cblr-14249	155	2	although	although	SCONJ
cblr-14249	155	3	occasionally	occasionally	ADV
cblr-14249	155	4	district	district	NOUN
cblr-14249	155	5	courts	court	NOUN
cblr-14249	155	6	are	be	AUX
cblr-14249	155	7	unsure	unsure	ADJ
cblr-14249	155	8	of	of	ADP
cblr-14249	155	9	whether	whether	SCONJ
cblr-14249	155	10	to	to	PART
cblr-14249	155	11	apply	apply	VERB
cblr-14249	155	12	a	a	DET
cblr-14249	155	13	“	"	PUNCT
cblr-14249	155	14	more	more	ADV
cblr-14249	155	15	likely	likely	ADJ
cblr-14249	155	16	than	than	SCONJ
cblr-14249	155	17	not	not	PART
cblr-14249	155	18	”	"	PUNCT
cblr-14249	155	19	type	type	NOUN
cblr-14249	155	20	preponderance	preponderance	NOUN
cblr-14249	155	21	standard	standard	NOUN
cblr-14249	155	22	,	,	PUNCT
cblr-14249	155	23	the	the	DET
cblr-14249	155	24	lion	lion	NOUN
cblr-14249	155	25	’s	’s	PART
cblr-14249	155	26	share	share	NOUN
cblr-14249	155	27	of	of	ADP
cblr-14249	155	28	courts	court	NOUN
cblr-14249	155	29	interpret	interpret	VERB
cblr-14249	155	30	the	the	DET
cblr-14249	155	31	words	word	NOUN
cblr-14249	155	32	“	"	PUNCT
cblr-14249	155	33	may	may	AUX
cblr-14249	155	34	be	be	AUX
cblr-14249	155	35	”	"	PUNCT
cblr-14249	155	36	consistent	consistent	ADJ
cblr-14249	155	37	with	with	ADP
cblr-14249	155	38	their	their	PRON
cblr-14249	155	39	original	original	ADJ
cblr-14249	155	40	meaning	meaning	NOUN
cblr-14249	155	41	—	—	PUNCT
cblr-14249	155	42	the	the	DET
cblr-14249	155	43	possibility	possibility	NOUN
cblr-14249	155	44	of	of	ADP
cblr-14249	155	45	an	an	DET
cblr-14249	155	46	anticompetitive	anticompetitive	ADJ
cblr-14249	155	47	effect	effect	NOUN
cblr-14249	155	48	.	.	PUNCT
cblr-14249	156	1	meanwhile	meanwhile	ADV
cblr-14249	156	2	,	,	PUNCT
cblr-14249	156	3	the	the	DET
cblr-14249	156	4	supreme	supreme	PROPN
cblr-14249	156	5	court	court	PROPN
cblr-14249	156	6	has	have	AUX
cblr-14249	156	7	continued	continue	VERB
cblr-14249	156	8	to	to	PART
cblr-14249	156	9	opine	opine	VERB
cblr-14249	156	10	on	on	ADP
cblr-14249	156	11	what	what	PRON
cblr-14249	156	12	“	"	PUNCT
cblr-14249	156	13	reasonable	reasonable	ADJ
cblr-14249	156	14	probability	probability	NOUN
cblr-14249	156	15	”	"	PUNCT
cblr-14249	156	16	means	mean	NOUN
cblr-14249	156	17	in	in	ADP
cblr-14249	156	18	other	other	ADJ
cblr-14249	156	19	contexts	contexts	NOUN
cblr-14249	156	20	,	,	PUNCT
cblr-14249	156	21	underscoring	underscore	VERB
cblr-14249	156	22	that	that	SCONJ
cblr-14249	156	23	it	it	PRON
cblr-14249	156	24	does	do	AUX
cblr-14249	156	25	not	not	PART
cblr-14249	156	26	require	require	VERB
cblr-14249	156	27	a	a	DET
cblr-14249	156	28	probability	probability	NOUN
cblr-14249	156	29	that	that	PRON
cblr-14249	156	30	is	be	AUX
cblr-14249	156	31	more	more	ADV
cblr-14249	156	32	likely	likely	ADJ
cblr-14249	156	33	than	than	ADP
cblr-14249	156	34	not	not	PART
cblr-14249	156	35	,	,	PUNCT
cblr-14249	156	36	such	such	ADJ
cblr-14249	156	37	that	that	SCONJ
cblr-14249	156	38	it	it	PRON
cblr-14249	156	39	collapses	collapse	VERB
cblr-14249	156	40	with	with	ADP
cblr-14249	156	41	a	a	DET
cblr-14249	156	42	preponderance	preponderance	NOUN
cblr-14249	156	43	standard	standard	NOUN
cblr-14249	156	44	.	.	PUNCT
cblr-14249	157	1	for	for	ADP
cblr-14249	157	2	example	example	NOUN
cblr-14249	157	3	,	,	PUNCT
cblr-14249	157	4	ineffective	ineffective	ADJ
cblr-14249	157	5	assistance	assistance	NOUN
cblr-14249	157	6	of	of	ADP
cblr-14249	157	7	counsel	counsel	NOUN
cblr-14249	157	8	claims	claim	NOUN
cblr-14249	157	9	also	also	ADV
cblr-14249	157	10	turn	turn	VERB
cblr-14249	157	11	on	on	ADP
cblr-14249	157	12	whether	whether	SCONJ
cblr-14249	157	13	there	there	PRON
cblr-14249	157	14	is	be	VERB
cblr-14249	157	15	a	a	DET
cblr-14249	157	16	“	"	PUNCT
cblr-14249	157	17	reasonable	reasonable	ADJ
cblr-14249	157	18	probability	probability	NOUN
cblr-14249	157	19	”	"	PUNCT
cblr-14249	157	20	that	that	SCONJ
cblr-14249	157	21	attorney	attorney	NOUN
cblr-14249	157	22	incompetence	incompetence	NOUN
cblr-14249	157	23	changed	change	VERB
cblr-14249	157	24	the	the	DET
cblr-14249	157	25	result	result	NOUN
cblr-14249	157	26	of	of	ADP
cblr-14249	157	27	the	the	DET
cblr-14249	157	28	trial	trial	NOUN
cblr-14249	157	29	.	.	PUNCT
cblr-14249	158	1	in	in	ADP
cblr-14249	158	2	1999	1999	NUM
cblr-14249	158	3	’s	’s	PART
cblr-14249	158	4	strickler	strickler	NOUN
cblr-14249	158	5	v.	v.	PROPN
cblr-14249	158	6	greene	greene	PROPN
cblr-14249	158	7	the	the	DET
cblr-14249	158	8	supreme	supreme	PROPN
cblr-14249	158	9	court	court	PROPN
cblr-14249	158	10	explicitly	explicitly	ADV
cblr-14249	158	11	cautioned	caution	VERB
cblr-14249	158	12	that	that	SCONJ
cblr-14249	158	13	when	when	SCONJ
cblr-14249	158	14	applying	apply	VERB
cblr-14249	158	15	a	a	DET
cblr-14249	158	16	reasonable	reasonable	ADJ
cblr-14249	158	17	probability	probability	NOUN
cblr-14249	158	18	standard	standard	NOUN
cblr-14249	158	19	,	,	PUNCT
cblr-14249	158	20	“	"	PUNCT
cblr-14249	158	21	the	the	DET
cblr-14249	158	22	adjective	adjective	NOUN
cblr-14249	158	23	is	be	AUX
cblr-14249	158	24	important	important	ADJ
cblr-14249	158	25	,	,	PUNCT
cblr-14249	158	26	”	"	PUNCT
cblr-14249	158	27	so	so	ADV
cblr-14249	158	28	“	"	PUNCT
cblr-14249	158	29	[	[	X
cblr-14249	158	30	t]he	t]he	ADJ
cblr-14249	158	31	question	question	NOUN
cblr-14249	158	32	is	be	AUX
cblr-14249	158	33	not	not	PART
cblr-14249	158	34	whether	whether	SCONJ
cblr-14249	158	35	the	the	DET
cblr-14249	158	36	[	[	X
cblr-14249	158	37	outcome	outcome	NOUN
cblr-14249	158	38	]	]	PUNCT
cblr-14249	158	39	would	would	AUX
cblr-14249	158	40	[	[	X
cblr-14249	158	41	be	be	AUX
cblr-14249	158	42	]	]	X
cblr-14249	158	43	more	more	ADV
cblr-14249	158	44	likely	likely	ADJ
cblr-14249	158	45	than	than	ADP
cblr-14249	158	46	not	not	PART
cblr-14249	158	47	.	.	PUNCT
cblr-14249	158	48	”).30	”).30	PROPN
cblr-14249	159	1	michael	michael	PROPN
cblr-14249	159	2	kades	kades	PROPN
cblr-14249	159	3	delivers	deliver	VERB
cblr-14249	159	4	remarks	remark	NOUN
cblr-14249	159	5	at	at	ADP
cblr-14249	159	6	gcr	gcr	PROPN
cblr-14249	159	7	live	live	VERB
cblr-14249	159	8	:	:	PUNCT
cblr-14249	159	9	law	law	NOUN
cblr-14249	159	10	leaders	leader	NOUN
cblr-14249	159	11	global	global	ADJ
cblr-14249	159	12	2024	2024	NUM
cblr-14249	159	13	(	(	PUNCT
cblr-14249	159	14	feb	feb	X
cblr-14249	159	15	.	.	PROPN
cblr-14249	159	16	1	1	NUM
cblr-14249	159	17	,	,	PUNCT
cblr-14249	159	18	2024	2024	NUM
cblr-14249	159	19	)	)	PUNCT
cblr-14249	159	20	,	,	PUNCT
cblr-14249	159	21	https://www.justice.gov/opa/speech/deputy-assistantattorney-general-michael-kades-delivers-remarks-gcrlive-law-leaders#_edn5	https://www.justice.gov/opa/speech/deputy-assistantattorney-general-michael-kades-delivers-remarks-gcrlive-law-leaders#_edn5	VERB
cblr-14249	160	1	[	[	X
cblr-14249	160	2	https://perma.cc/9k2x-eysb	https://perma.cc/9k2x-eysb	X
cblr-14249	160	3	]	]	X
cblr-14249	160	4	.	.	PUNCT
cblr-14249	161	1	28	28	NUM
cblr-14249	161	2	brown	brown	PROPN
cblr-14249	161	3	shoe	shoe	PROPN
cblr-14249	161	4	co.	co.	PROPN
cblr-14249	161	5	v.	v.	ADP
cblr-14249	161	6	united	united	PROPN
cblr-14249	161	7	states	states	PROPN
cblr-14249	161	8	,	,	PUNCT
cblr-14249	161	9	370	370	NUM
cblr-14249	161	10	u.s	u.s	PROPN
cblr-14249	161	11	.	.	PROPN
cblr-14249	161	12	294	294	NUM
cblr-14249	161	13	,	,	PUNCT
cblr-14249	161	14	325	325	NUM
cblr-14249	161	15	(	(	PUNCT
cblr-14249	161	16	1962	1962	NUM
cblr-14249	161	17	)	)	PUNCT
cblr-14249	161	18	.	.	PUNCT
cblr-14249	162	1	29	29	NUM
cblr-14249	163	1	california	california	PROPN
cblr-14249	163	2	v.	v.	PROPN
cblr-14249	163	3	am	am	PROPN
cblr-14249	163	4	.	.	PUNCT
cblr-14249	164	1	stores	stores	PROPN
cblr-14249	164	2	co.	co.	PROPN
cblr-14249	164	3	,	,	PUNCT
cblr-14249	164	4	495	495	NUM
cblr-14249	164	5	u.s	u.s	PROPN
cblr-14249	164	6	.	.	PROPN
cblr-14249	164	7	271	271	NUM
cblr-14249	164	8	,	,	PUNCT
cblr-14249	164	9	284	284	NUM
cblr-14249	164	10	(	(	PUNCT
cblr-14249	164	11	1990	1990	NUM
cblr-14249	164	12	)	)	PUNCT
cblr-14249	164	13	.	.	PUNCT
cblr-14249	165	1	30	30	NUM
cblr-14249	165	2	strickler	strickler	NOUN
cblr-14249	165	3	v.	v.	PROPN
cblr-14249	165	4	greene	greene	PROPN
cblr-14249	165	5	,	,	PUNCT
cblr-14249	165	6	527	527	NUM
cblr-14249	165	7	u.s	u.s	PROPN
cblr-14249	165	8	.	.	PROPN
cblr-14249	165	9	263	263	NUM
cblr-14249	165	10	,	,	PUNCT
cblr-14249	165	11	264	264	NUM
cblr-14249	165	12	(	(	PUNCT
cblr-14249	165	13	1999	1999	NUM
cblr-14249	165	14	)	)	PUNCT
cblr-14249	165	15	.	.	PUNCT
cblr-14249	166	1	no	no	INTJ
cblr-14249	166	2	.	.	NOUN
cblr-14249	167	1	1	1	NUM
cblr-14249	167	2	]	]	X
cblr-14249	167	3	contemporary	contemporary	ADJ
cblr-14249	167	4	merger	merger	NOUN
cblr-14249	167	5	review	review	NOUN
cblr-14249	167	6	under	under	ADP
cblr-14249	167	7	the	the	DET
cblr-14249	167	8	rule	rule	NOUN
cblr-14249	167	9	of	of	ADP
cblr-14249	167	10	law	law	NOUN
cblr-14249	167	11	111	111	NUM
cblr-14249	167	12	the	the	DET
cblr-14249	167	13	question	question	NOUN
cblr-14249	167	14	is	be	AUX
cblr-14249	167	15	whether	whether	SCONJ
cblr-14249	167	16	the	the	DET
cblr-14249	167	17	probability	probability	NOUN
cblr-14249	167	18	of	of	ADP
cblr-14249	167	19	the	the	DET
cblr-14249	167	20	outcome	outcome	NOUN
cblr-14249	167	21	is	be	AUX
cblr-14249	167	22	reasonable	reasonable	ADJ
cblr-14249	167	23	.	.	PUNCT
cblr-14249	168	1	our	our	PRON
cblr-14249	168	2	application	application	NOUN
cblr-14249	168	3	of	of	ADP
cblr-14249	168	4	this	this	DET
cblr-14249	168	5	standard	standard	NOUN
cblr-14249	168	6	has	have	AUX
cblr-14249	168	7	also	also	ADV
cblr-14249	168	8	evolved	evolve	VERB
cblr-14249	168	9	since	since	SCONJ
cblr-14249	168	10	brown	brown	ADJ
cblr-14249	168	11	shoe	shoe	NOUN
cblr-14249	168	12	.	.	PUNCT
cblr-14249	169	1	early	early	ADJ
cblr-14249	169	2	cases	case	NOUN
cblr-14249	169	3	stopped	stop	VERB
cblr-14249	169	4	the	the	DET
cblr-14249	169	5	analysis	analysis	NOUN
cblr-14249	169	6	after	after	ADP
cblr-14249	169	7	identifying	identify	VERB
cblr-14249	169	8	a	a	DET
cblr-14249	169	9	reasonable	reasonable	ADJ
cblr-14249	169	10	probability	probability	NOUN
cblr-14249	169	11	of	of	ADP
cblr-14249	169	12	anticompetitive	anticompetitive	ADJ
cblr-14249	169	13	effect	effect	NOUN
cblr-14249	169	14	,	,	PUNCT
cblr-14249	169	15	such	such	ADJ
cblr-14249	169	16	as	as	ADP
cblr-14249	169	17	through	through	ADP
cblr-14249	169	18	a	a	DET
cblr-14249	169	19	structural	structural	ADJ
cblr-14249	169	20	presumption	presumption	NOUN
cblr-14249	169	21	.	.	PUNCT
cblr-14249	170	1	but	but	CCONJ
cblr-14249	170	2	general	general	ADJ
cblr-14249	170	3	dynamics	dynamic	NOUN
cblr-14249	170	4	underscored	underscore	VERB
cblr-14249	170	5	that	that	SCONJ
cblr-14249	170	6	we	we	PRON
cblr-14249	170	7	must	must	AUX
cblr-14249	170	8	also	also	ADV
cblr-14249	170	9	consider	consider	VERB
cblr-14249	170	10	whether	whether	SCONJ
cblr-14249	170	11	“	"	PUNCT
cblr-14249	170	12	other	other	ADJ
cblr-14249	170	13	pertinent	pertinent	ADJ
cblr-14249	170	14	factors	factor	NOUN
cblr-14249	170	15	.	.	PUNCT
cblr-14249	170	16	.	.	PUNCT
cblr-14249	170	17	.	.	PUNCT
cblr-14249	171	1	mandate	mandate	VERB
cblr-14249	171	2	a	a	DET
cblr-14249	171	3	conclusion	conclusion	NOUN
cblr-14249	171	4	that	that	SCONJ
cblr-14249	171	5	no	no	DET
cblr-14249	171	6	substantial	substantial	ADJ
cblr-14249	171	7	lessening	lessening	NOUN
cblr-14249	171	8	of	of	ADP
cblr-14249	171	9	competition	competition	NOUN
cblr-14249	171	10	is	be	AUX
cblr-14249	171	11	threatened	threaten	VERB
cblr-14249	171	12	by	by	ADP
cblr-14249	171	13	the	the	DET
cblr-14249	171	14	acquisition	acquisition	NOUN
cblr-14249	171	15	.	.	PUNCT
cblr-14249	172	1	”31	”31	PROPN
cblr-14249	172	2	this	this	PRON
cblr-14249	172	3	leads	lead	VERB
cblr-14249	172	4	us	we	PRON
cblr-14249	172	5	to	to	ADP
cblr-14249	172	6	the	the	DET
cblr-14249	172	7	modern	modern	ADJ
cblr-14249	172	8	burden	burden	NOUN
cblr-14249	172	9	-	-	PUNCT
cblr-14249	172	10	shifting	shift	VERB
cblr-14249	172	11	analysis	analysis	NOUN
cblr-14249	172	12	for	for	ADP
cblr-14249	172	13	mergers	merger	NOUN
cblr-14249	172	14	.	.	PUNCT
cblr-14249	173	1	i	i	PRON
cblr-14249	173	2	sometimes	sometimes	ADV
cblr-14249	173	3	hear	hear	VERB
cblr-14249	173	4	it	it	PRON
cblr-14249	173	5	suggested	suggest	VERB
cblr-14249	173	6	that	that	SCONJ
cblr-14249	173	7	the	the	DET
cblr-14249	173	8	clayton	clayton	PROPN
cblr-14249	173	9	act	act	PROPN
cblr-14249	173	10	should	should	AUX
cblr-14249	173	11	employ	employ	VERB
cblr-14249	173	12	a	a	DET
cblr-14249	173	13	symmetrical	symmetrical	ADJ
cblr-14249	173	14	weighing	weighing	NOUN
cblr-14249	173	15	of	of	ADP
cblr-14249	173	16	harms	harm	NOUN
cblr-14249	173	17	and	and	CCONJ
cblr-14249	173	18	benefits	benefit	NOUN
cblr-14249	173	19	similar	similar	ADJ
cblr-14249	173	20	to	to	ADP
cblr-14249	173	21	the	the	DET
cblr-14249	173	22	sherman	sherman	PROPN
cblr-14249	173	23	act	act	PROPN
cblr-14249	173	24	rule	rule	NOUN
cblr-14249	173	25	of	of	ADP
cblr-14249	173	26	reason	reason	NOUN
cblr-14249	173	27	.	.	PUNCT
cblr-14249	174	1	but	but	CCONJ
cblr-14249	174	2	this	this	PRON
cblr-14249	174	3	ignores	ignore	VERB
cblr-14249	174	4	how	how	SCONJ
cblr-14249	174	5	the	the	DET
cblr-14249	174	6	supreme	supreme	PROPN
cblr-14249	174	7	court	court	PROPN
cblr-14249	174	8	’s	’s	PART
cblr-14249	174	9	seminal	seminal	ADJ
cblr-14249	174	10	cases	case	NOUN
cblr-14249	174	11	set	set	VERB
cblr-14249	174	12	up	up	ADP
cblr-14249	174	13	the	the	DET
cblr-14249	174	14	incipiency	incipiency	NOUN
cblr-14249	174	15	standard	standard	NOUN
cblr-14249	174	16	at	at	ADP
cblr-14249	174	17	both	both	DET
cblr-14249	174	18	steps	step	NOUN
cblr-14249	174	19	of	of	ADP
cblr-14249	174	20	the	the	DET
cblr-14249	174	21	analysis	analysis	NOUN
cblr-14249	174	22	.	.	PUNCT
cblr-14249	175	1	brown	brown	ADJ
cblr-14249	175	2	shoe	shoe	NOUN
cblr-14249	175	3	asks	ask	VERB
cblr-14249	175	4	us	we	PRON
cblr-14249	175	5	to	to	PART
cblr-14249	175	6	look	look	VERB
cblr-14249	175	7	for	for	ADP
cblr-14249	175	8	a	a	DET
cblr-14249	175	9	“	"	PUNCT
cblr-14249	175	10	reasonable	reasonable	ADJ
cblr-14249	175	11	probability”—evidence	probability”—evidence	NOUN
cblr-14249	175	12	that	that	SCONJ
cblr-14249	175	13	the	the	DET
cblr-14249	175	14	merger	merger	NOUN
cblr-14249	175	15	’s	’s	PART
cblr-14249	175	16	effect	effect	NOUN
cblr-14249	175	17	“	"	PUNCT
cblr-14249	175	18	may	may	AUX
cblr-14249	175	19	be	be	AUX
cblr-14249	175	20	”	"	PUNCT
cblr-14249	175	21	to	to	PART
cblr-14249	175	22	substantially	substantially	ADV
cblr-14249	175	23	lessen	lessen	VERB
cblr-14249	175	24	competition	competition	NOUN
cblr-14249	175	25	.	.	PUNCT
cblr-14249	176	1	then	then	ADV
cblr-14249	176	2	,	,	PUNCT
cblr-14249	176	3	general	general	ADJ
cblr-14249	176	4	dynamics	dynamic	NOUN
cblr-14249	176	5	asks	ask	VERB
cblr-14249	176	6	us	we	PRON
cblr-14249	176	7	to	to	PART
cblr-14249	176	8	consider	consider	VERB
cblr-14249	176	9	whether	whether	SCONJ
cblr-14249	176	10	rebuttal	rebuttal	ADJ
cblr-14249	176	11	evidence	evidence	NOUN
cblr-14249	176	12	demonstrates	demonstrate	VERB
cblr-14249	176	13	no	no	DET
cblr-14249	176	14	substantial	substantial	ADJ
cblr-14249	176	15	lessening	lessening	NOUN
cblr-14249	176	16	is	be	AUX
cblr-14249	176	17	“	"	PUNCT
cblr-14249	176	18	threatened	threaten	VERB
cblr-14249	176	19	.	.	PUNCT
cblr-14249	177	1	”32	”32	VERB
cblr-14249	177	2	both	both	PRON
cblr-14249	177	3	of	of	ADP
cblr-14249	177	4	these	these	DET
cblr-14249	177	5	standards	standard	NOUN
cblr-14249	177	6	use	use	VERB
cblr-14249	177	7	probabilistic	probabilistic	ADJ
cblr-14249	177	8	language	language	NOUN
cblr-14249	177	9	.	.	PUNCT
cblr-14249	178	1	ultimately	ultimately	ADV
cblr-14249	178	2	,	,	PUNCT
cblr-14249	178	3	taking	take	VERB
cblr-14249	178	4	all	all	DET
cblr-14249	178	5	the	the	DET
cblr-14249	178	6	evidence	evidence	NOUN
cblr-14249	178	7	into	into	ADP
cblr-14249	178	8	account	account	NOUN
cblr-14249	178	9	,	,	PUNCT
cblr-14249	178	10	we	we	PRON
cblr-14249	178	11	ask	ask	VERB
cblr-14249	178	12	if	if	SCONJ
cblr-14249	178	13	there	there	PRON
cblr-14249	178	14	is	be	VERB
cblr-14249	178	15	a	a	DET
cblr-14249	178	16	threat	threat	NOUN
cblr-14249	178	17	to	to	ADP
cblr-14249	178	18	competition	competition	NOUN
cblr-14249	178	19	,	,	PUNCT
cblr-14249	178	20	and	and	CCONJ
cblr-14249	178	21	whether	whether	SCONJ
cblr-14249	178	22	there	there	PRON
cblr-14249	178	23	is	be	VERB
cblr-14249	178	24	a	a	DET
cblr-14249	178	25	reasonable	reasonable	ADJ
cblr-14249	178	26	probability	probability	NOUN
cblr-14249	178	27	of	of	ADP
cblr-14249	178	28	that	that	DET
cblr-14249	178	29	threat	threat	NOUN
cblr-14249	178	30	being	be	AUX
cblr-14249	178	31	realized	realize	VERB
cblr-14249	178	32	.	.	PUNCT
cblr-14249	179	1	applying	apply	VERB
cblr-14249	179	2	the	the	DET
cblr-14249	179	3	clayton	clayton	PROPN
cblr-14249	179	4	act	act	PROPN
cblr-14249	179	5	requires	require	VERB
cblr-14249	179	6	assessing	assess	VERB
cblr-14249	179	7	risk	risk	NOUN
cblr-14249	179	8	,	,	PUNCT
cblr-14249	179	9	not	not	PART
cblr-14249	179	10	merely	merely	ADV
cblr-14249	179	11	balancing	balance	VERB
cblr-14249	179	12	expected	expect	VERB
cblr-14249	179	13	effects.33	effects.33	PROPN
cblr-14249	179	14	c.	c.	NOUN
cblr-14249	179	15	translating	translate	VERB
cblr-14249	179	16	the	the	DET
cblr-14249	179	17	philadelphia	philadelphia	PROPN
cblr-14249	179	18	national	national	PROPN
cblr-14249	179	19	bank	bank	PROPN
cblr-14249	179	20	focus	focus	NOUN
cblr-14249	179	21	on	on	ADP
cblr-14249	179	22	undue	undue	ADJ
cblr-14249	179	23	concentration	concentration	NOUN
cblr-14249	179	24	into	into	ADP
cblr-14249	179	25	an	an	DET
cblr-14249	179	26	31	31	NUM
cblr-14249	179	27	united	united	PROPN
cblr-14249	179	28	states	states	PROPN
cblr-14249	179	29	v.	v.	ADP
cblr-14249	179	30	gen	gen	PROPN
cblr-14249	179	31	.	.	PROPN
cblr-14249	179	32	dynamics	dynamics	PROPN
cblr-14249	179	33	corp	corp	PROPN
cblr-14249	179	34	.	.	PROPN
cblr-14249	179	35	,	,	PUNCT
cblr-14249	179	36	415	415	NUM
cblr-14249	179	37	u.s	u.s	PROPN
cblr-14249	179	38	.	.	PROPN
cblr-14249	179	39	486	486	NUM
cblr-14249	179	40	,	,	PUNCT
cblr-14249	179	41	498	498	NUM
cblr-14249	179	42	(	(	PUNCT
cblr-14249	179	43	1974	1974	NUM
cblr-14249	179	44	)	)	PUNCT
cblr-14249	179	45	.	.	PUNCT
cblr-14249	180	1	32	32	NUM
cblr-14249	181	1	i	i	PROPN
cblr-14249	181	2	d.	d.	PROPN
cblr-14249	181	3	;	;	PUNCT
cblr-14249	181	4	see	see	VERB
cblr-14249	181	5	also	also	ADV
cblr-14249	181	6	united	united	PROPN
cblr-14249	181	7	states	states	PROPN
cblr-14249	181	8	v.	v.	PROPN
cblr-14249	181	9	baker	baker	PROPN
cblr-14249	181	10	hughes	hughes	PROPN
cblr-14249	181	11	,	,	PUNCT
cblr-14249	181	12	908	908	NUM
cblr-14249	181	13	f.2d	f.2d	NUM
cblr-14249	181	14	981	981	NUM
cblr-14249	181	15	,	,	PUNCT
cblr-14249	181	16	990	990	NUM
cblr-14249	181	17	(	(	PUNCT
cblr-14249	181	18	d.c	d.c	PROPN
cblr-14249	181	19	.	.	PROPN
cblr-14249	181	20	cir	cir	PROPN
cblr-14249	181	21	.	.	PROPN
cblr-14249	181	22	1990	1990	NUM
cblr-14249	181	23	)	)	PUNCT
cblr-14249	182	1	(	(	PUNCT
cblr-14249	182	2	quoting	quote	VERB
cblr-14249	182	3	gen	gen	PROPN
cblr-14249	182	4	.	.	PROPN
cblr-14249	182	5	dynamics	dynamics	PROPN
cblr-14249	182	6	corp	corp	PROPN
cblr-14249	182	7	.	.	PROPN
cblr-14249	182	8	,	,	PUNCT
cblr-14249	183	1	415	415	NUM
cblr-14249	183	2	u.s	u.s	PROPN
cblr-14249	183	3	.	.	PROPN
cblr-14249	183	4	at	at	ADP
cblr-14249	183	5	498	498	NUM
cblr-14249	183	6	)	)	PUNCT
cblr-14249	183	7	.	.	PUNCT
cblr-14249	184	1	33	33	NUM
cblr-14249	184	2	see	see	VERB
cblr-14249	184	3	gen	gen	PROPN
cblr-14249	184	4	.	.	PROPN
cblr-14249	184	5	dynamics	dynamics	PROPN
cblr-14249	184	6	corp	corp	PROPN
cblr-14249	184	7	.	.	PROPN
cblr-14249	184	8	,	,	PUNCT
cblr-14249	184	9	415	415	NUM
cblr-14249	185	1	u.s	u.s	PROPN
cblr-14249	185	2	.	.	PROPN
cblr-14249	185	3	at	at	ADP
cblr-14249	185	4	497	497	NUM
cblr-14249	185	5	.	.	PUNCT
cblr-14249	185	6	112	112	NUM
cblr-14249	185	7	columbia	columbia	PROPN
cblr-14249	185	8	business	business	NOUN
cblr-14249	185	9	law	law	PROPN
cblr-14249	185	10	review	review	NOUN
cblr-14249	186	1	[	[	X
cblr-14249	186	2	vol	vol	NOUN
cblr-14249	186	3	.	.	PUNCT
cblr-14249	186	4	2025	2025	NUM
cblr-14249	186	5	economically	economically	ADV
cblr-14249	186	6	sound	sound	ADJ
cblr-14249	186	7	structural	structural	ADJ
cblr-14249	186	8	presumption	presumption	NOUN
cblr-14249	186	9	of	of	ADP
cblr-14249	186	10	harm	harm	NOUN
cblr-14249	186	11	to	to	ADP
cblr-14249	186	12	competition	competition	NOUN
cblr-14249	186	13	.	.	PUNCT
cblr-14249	187	1	those	those	DET
cblr-14249	187	2	first	first	ADJ
cblr-14249	187	3	two	two	NUM
cblr-14249	187	4	translations	translation	NOUN
cblr-14249	187	5	are	be	AUX
cblr-14249	187	6	critical	critical	ADJ
cblr-14249	187	7	to	to	ADP
cblr-14249	187	8	a	a	DET
cblr-14249	187	9	modern	modern	ADJ
cblr-14249	187	10	reading	reading	NOUN
cblr-14249	187	11	of	of	ADP
cblr-14249	187	12	the	the	DET
cblr-14249	187	13	other	other	ADJ
cblr-14249	187	14	clayton	clayton	PROPN
cblr-14249	187	15	act	act	PROPN
cblr-14249	187	16	cases	case	NOUN
cblr-14249	187	17	from	from	ADP
cblr-14249	187	18	the	the	DET
cblr-14249	187	19	1960s	1960	NOUN
cblr-14249	187	20	,	,	PUNCT
cblr-14249	187	21	since	since	SCONJ
cblr-14249	187	22	they	they	PRON
cblr-14249	187	23	help	help	AUX
cblr-14249	187	24	clarify	clarify	VERB
cblr-14249	187	25	the	the	DET
cblr-14249	187	26	statutory	statutory	ADJ
cblr-14249	187	27	standard	standard	NOUN
cblr-14249	187	28	.	.	PUNCT
cblr-14249	188	1	today	today	NOUN
cblr-14249	188	2	,	,	PUNCT
cblr-14249	188	3	we	we	PRON
cblr-14249	188	4	assess	assess	VERB
cblr-14249	188	5	the	the	DET
cblr-14249	188	6	risk	risk	NOUN
cblr-14249	188	7	that	that	SCONJ
cblr-14249	188	8	the	the	DET
cblr-14249	188	9	merger	merger	NOUN
cblr-14249	188	10	will	will	AUX
cblr-14249	188	11	materially	materially	ADV
cblr-14249	188	12	harm	harm	VERB
cblr-14249	188	13	the	the	DET
cblr-14249	188	14	economic	economic	ADJ
cblr-14249	188	15	process	process	NOUN
cblr-14249	188	16	of	of	ADP
cblr-14249	188	17	competition	competition	NOUN
cblr-14249	188	18	that	that	PRON
cblr-14249	188	19	drives	drive	VERB
cblr-14249	188	20	businesses	business	NOUN
cblr-14249	188	21	to	to	PART
cblr-14249	188	22	better	well	ADV
cblr-14249	188	23	serve	serve	VERB
cblr-14249	188	24	the	the	DET
cblr-14249	188	25	public	public	NOUN
cblr-14249	188	26	.	.	PUNCT
cblr-14249	189	1	my	my	PRON
cblr-14249	189	2	next	next	ADJ
cblr-14249	189	3	three	three	NUM
cblr-14249	189	4	translations	translation	NOUN
cblr-14249	189	5	apply	apply	VERB
cblr-14249	189	6	this	this	DET
cblr-14249	189	7	lens	lens	NOUN
cblr-14249	189	8	to	to	ADP
cblr-14249	189	9	important	important	ADJ
cblr-14249	189	10	early	early	ADJ
cblr-14249	189	11	holdings	holding	NOUN
cblr-14249	189	12	.	.	PUNCT
cblr-14249	190	1	any	any	DET
cblr-14249	190	2	litigator	litigator	NOUN
cblr-14249	190	3	engaged	engage	VERB
cblr-14249	190	4	in	in	ADP
cblr-14249	190	5	competition	competition	NOUN
cblr-14249	190	6	law	law	NOUN
cblr-14249	190	7	disputes	dispute	NOUN
cblr-14249	190	8	knows	know	VERB
cblr-14249	190	9	that	that	SCONJ
cblr-14249	190	10	most	most	ADJ
cblr-14249	190	11	merger	merger	NOUN
cblr-14249	190	12	litigation	litigation	NOUN
cblr-14249	190	13	in	in	ADP
cblr-14249	190	14	the	the	DET
cblr-14249	190	15	modern	modern	ADJ
cblr-14249	190	16	federal	federal	ADJ
cblr-14249	190	17	courts	court	NOUN
cblr-14249	190	18	turns	turn	VERB
cblr-14249	190	19	on	on	ADP
cblr-14249	190	20	philadelphia	philadelphia	PROPN
cblr-14249	190	21	national	national	PROPN
cblr-14249	190	22	bank	bank	PROPN
cblr-14249	190	23	’s	’s	PART
cblr-14249	190	24	structural	structural	ADJ
cblr-14249	190	25	presumption	presumption	NOUN
cblr-14249	190	26	.	.	PUNCT
cblr-14249	191	1	those	those	PRON
cblr-14249	191	2	attending	attend	VERB
cblr-14249	191	3	the	the	DET
cblr-14249	191	4	taft	taft	NOUN
cblr-14249	191	5	antitrust	antitrust	ADJ
cblr-14249	191	6	lecture	lecture	NOUN
cblr-14249	191	7	would	would	AUX
cblr-14249	191	8	recall	recall	VERB
cblr-14249	191	9	the	the	DET
cblr-14249	191	10	supreme	supreme	PROPN
cblr-14249	191	11	court	court	PROPN
cblr-14249	191	12	’s	’s	PART
cblr-14249	191	13	holding	holding	NOUN
cblr-14249	191	14	:	:	PUNCT
cblr-14249	191	15	“	"	PUNCT
cblr-14249	191	16	[	[	X
cblr-14249	191	17	a	a	X
cblr-14249	191	18	]	]	X
cblr-14249	191	19	merger	merger	NOUN
cblr-14249	191	20	which	which	PRON
cblr-14249	191	21	produces	produce	VERB
cblr-14249	191	22	a	a	DET
cblr-14249	191	23	firm	firm	NOUN
cblr-14249	191	24	controlling	control	VERB
cblr-14249	191	25	an	an	DET
cblr-14249	191	26	undue	undue	ADJ
cblr-14249	191	27	percentage	percentage	NOUN
cblr-14249	191	28	share	share	NOUN
cblr-14249	191	29	of	of	ADP
cblr-14249	191	30	the	the	DET
cblr-14249	191	31	relevant	relevant	ADJ
cblr-14249	191	32	market	market	NOUN
cblr-14249	191	33	,	,	PUNCT
cblr-14249	191	34	and	and	CCONJ
cblr-14249	191	35	results	result	NOUN
cblr-14249	191	36	in	in	ADP
cblr-14249	191	37	a	a	DET
cblr-14249	191	38	significant	significant	ADJ
cblr-14249	191	39	increase	increase	NOUN
cblr-14249	191	40	in	in	ADP
cblr-14249	191	41	the	the	DET
cblr-14249	191	42	concentration	concentration	NOUN
cblr-14249	191	43	of	of	ADP
cblr-14249	191	44	firms	firm	NOUN
cblr-14249	191	45	in	in	ADP
cblr-14249	191	46	that	that	DET
cblr-14249	191	47	market	market	NOUN
cblr-14249	191	48	[	[	X
cblr-14249	191	49	,	,	PUNCT
cblr-14249	191	50	]	]	X
cblr-14249	191	51	is	be	AUX
cblr-14249	191	52	so	so	ADV
cblr-14249	191	53	inherently	inherently	ADV
cblr-14249	191	54	likely	likely	ADJ
cblr-14249	191	55	to	to	PART
cblr-14249	191	56	lessen	lessen	VERB
cblr-14249	191	57	competition	competition	NOUN
cblr-14249	191	58	substantially	substantially	ADV
cblr-14249	191	59	that	that	SCONJ
cblr-14249	191	60	it	it	PRON
cblr-14249	191	61	must	must	AUX
cblr-14249	191	62	be	be	AUX
cblr-14249	191	63	enjoined	enjoin	VERB
cblr-14249	191	64	in	in	ADP
cblr-14249	191	65	the	the	DET
cblr-14249	191	66	absence	absence	NOUN
cblr-14249	191	67	of	of	ADP
cblr-14249	191	68	[	[	X
cblr-14249	191	69	rebuttal	rebuttal	NOUN
cblr-14249	191	70	]	]	PUNCT
cblr-14249	191	71	evidence	evidence	NOUN
cblr-14249	191	72	.	.	PUNCT
cblr-14249	192	1	”34	”34	ADJ
cblr-14249	192	2	in	in	ADP
cblr-14249	192	3	just	just	ADV
cblr-14249	192	4	the	the	DET
cblr-14249	192	5	last	last	ADJ
cblr-14249	192	6	decade	decade	NOUN
cblr-14249	192	7	,	,	PUNCT
cblr-14249	192	8	this	this	DET
cblr-14249	192	9	structural	structural	ADJ
cblr-14249	192	10	presumption	presumption	NOUN
cblr-14249	192	11	has	have	AUX
cblr-14249	192	12	been	be	AUX
cblr-14249	192	13	affirmed	affirm	VERB
cblr-14249	192	14	by	by	ADP
cblr-14249	192	15	the	the	DET
cblr-14249	192	16	third	third	ADJ
cblr-14249	192	17	,	,	PUNCT
cblr-14249	192	18	sixth	sixth	ADJ
cblr-14249	192	19	,	,	PUNCT
cblr-14249	192	20	eighth	eighth	ADJ
cblr-14249	192	21	,	,	PUNCT
cblr-14249	192	22	and	and	CCONJ
cblr-14249	192	23	ninth	ninth	ADJ
cblr-14249	192	24	circuits	circuit	NOUN
cblr-14249	192	25	,	,	PUNCT
cblr-14249	192	26	along	along	ADP
cblr-14249	192	27	with	with	ADP
cblr-14249	192	28	a	a	DET
cblr-14249	192	29	slew	slew	NOUN
cblr-14249	192	30	of	of	ADP
cblr-14249	192	31	district	district	NOUN
cblr-14249	192	32	courts.35	courts.35	NOUN
cblr-14249	192	33	and	and	CCONJ
cblr-14249	192	34	in	in	ADP
cblr-14249	192	35	the	the	DET
cblr-14249	192	36	decades	decade	NOUN
cblr-14249	192	37	since	since	SCONJ
cblr-14249	192	38	,	,	PUNCT
cblr-14249	192	39	34	34	NUM
cblr-14249	192	40	united	united	PROPN
cblr-14249	192	41	states	states	PROPN
cblr-14249	192	42	v.	v.	ADP
cblr-14249	192	43	phila	phila	PROPN
cblr-14249	192	44	.	.	PUNCT
cblr-14249	193	1	nat’l	nat’l	PROPN
cblr-14249	193	2	bank	bank	PROPN
cblr-14249	193	3	,	,	PUNCT
cblr-14249	193	4	374	374	NUM
cblr-14249	193	5	u.s	u.s	PROPN
cblr-14249	193	6	.	.	PROPN
cblr-14249	193	7	321	321	NUM
cblr-14249	193	8	,	,	PUNCT
cblr-14249	193	9	363	363	NUM
cblr-14249	193	10	(	(	PUNCT
cblr-14249	193	11	1963	1963	NUM
cblr-14249	193	12	)	)	PUNCT
cblr-14249	193	13	.	.	PUNCT
cblr-14249	194	1	35	35	NUM
cblr-14249	194	2	see	see	VERB
cblr-14249	194	3	fed	fed	PROPN
cblr-14249	194	4	.	.	PUNCT
cblr-14249	195	1	trade	trade	NOUN
cblr-14249	195	2	comm'n	comm'n	PROPN
cblr-14249	195	3	v.	v.	ADP
cblr-14249	195	4	hackensack	hackensack	PROPN
cblr-14249	195	5	meridian	meridian	PROPN
cblr-14249	195	6	health	health	PROPN
cblr-14249	195	7	,	,	PUNCT
cblr-14249	195	8	inc	inc	PROPN
cblr-14249	195	9	.	.	PROPN
cblr-14249	195	10	,	,	PUNCT
cblr-14249	195	11	30	30	NUM
cblr-14249	195	12	f.4th	f.4th	NOUN
cblr-14249	195	13	160	160	NUM
cblr-14249	195	14	,	,	PUNCT
cblr-14249	195	15	173	173	NUM
cblr-14249	195	16	(	(	PUNCT
cblr-14249	195	17	3d	3d	PROPN
cblr-14249	195	18	cir	cir	NOUN
cblr-14249	195	19	.	.	PROPN
cblr-14249	195	20	2022	2022	NUM
cblr-14249	195	21	)	)	PUNCT
cblr-14249	195	22	(	(	PUNCT
cblr-14249	195	23	“	"	PUNCT
cblr-14249	195	24	the	the	DET
cblr-14249	195	25	district	district	NOUN
cblr-14249	195	26	court	court	NOUN
cblr-14249	195	27	correctly	correctly	ADV
cblr-14249	195	28	concluded	conclude	VERB
cblr-14249	195	29	that	that	SCONJ
cblr-14249	195	30	these	these	DET
cblr-14249	195	31	numbers	number	NOUN
cblr-14249	196	1	[	[	X
cblr-14249	196	2	showing	show	VERB
cblr-14249	196	3	that	that	SCONJ
cblr-14249	196	4	the	the	DET
cblr-14249	196	5	market	market	NOUN
cblr-14249	196	6	was	be	AUX
cblr-14249	196	7	highly	highly	ADV
cblr-14249	196	8	concentrated	concentrated	ADJ
cblr-14249	196	9	and	and	CCONJ
cblr-14249	196	10	the	the	DET
cblr-14249	196	11	merger	merger	NOUN
cblr-14249	196	12	would	would	AUX
cblr-14249	196	13	result	result	VERB
cblr-14249	196	14	in	in	ADP
cblr-14249	196	15	a	a	DET
cblr-14249	196	16	significant	significant	ADJ
cblr-14249	196	17	increase	increase	NOUN
cblr-14249	196	18	in	in	ADP
cblr-14249	196	19	concentration	concentration	NOUN
cblr-14249	196	20	]	]	PUNCT
cblr-14249	196	21	demonstrate	demonstrate	VERB
cblr-14249	196	22	the	the	DET
cblr-14249	196	23	merger	merger	NOUN
cblr-14249	196	24	is	be	AUX
cblr-14249	196	25	presumptively	presumptively	ADV
cblr-14249	196	26	anticompetitive	anticompetitive	ADJ
cblr-14249	196	27	.	.	PUNCT
cblr-14249	196	28	”	"	PUNCT
cblr-14249	196	29	)	)	PUNCT
cblr-14249	196	30	;	;	PUNCT
cblr-14249	197	1	fed	fed	PROPN
cblr-14249	197	2	.	.	PUNCT
cblr-14249	197	3	trade	trade	PROPN
cblr-14249	197	4	comm'n	comm'n	PROPN
cblr-14249	197	5	v.	v.	ADP
cblr-14249	197	6	sanford	sanford	PROPN
cblr-14249	197	7	health	health	PROPN
cblr-14249	197	8	,	,	PUNCT
cblr-14249	197	9	926	926	NUM
cblr-14249	197	10	f.3d	f.3d	NUM
cblr-14249	197	11	959	959	NUM
cblr-14249	197	12	,	,	PUNCT
cblr-14249	197	13	963–64	963–64	NUM
cblr-14249	197	14	(	(	PUNCT
cblr-14249	197	15	8th	8th	ADJ
cblr-14249	197	16	cir	cir	NOUN
cblr-14249	197	17	.	.	PROPN
cblr-14249	197	18	2019	2019	NUM
cblr-14249	197	19	)	)	PUNCT
cblr-14249	197	20	;	;	PUNCT
cblr-14249	197	21	fed	fed	PROPN
cblr-14249	197	22	.	.	PUNCT
cblr-14249	198	1	trade	trade	PROPN
cblr-14249	198	2	comm'n	comm'n	PROPN
cblr-14249	198	3	v.	v.	ADP
cblr-14249	198	4	penn	penn	PROPN
cblr-14249	198	5	state	state	PROPN
cblr-14249	198	6	hershey	hershey	PROPN
cblr-14249	198	7	med	med	PROPN
cblr-14249	198	8	.	.	PUNCT
cblr-14249	198	9	ctr	ctr	PROPN
cblr-14249	198	10	.	.	PROPN
cblr-14249	198	11	,	,	PUNCT
cblr-14249	198	12	838	838	NUM
cblr-14249	198	13	f.3d	f.3d	NUM
cblr-14249	198	14	327	327	NUM
cblr-14249	198	15	,	,	PUNCT
cblr-14249	198	16	347	347	NUM
cblr-14249	198	17	(	(	PUNCT
cblr-14249	198	18	3d	3d	NOUN
cblr-14249	198	19	.	.	PUNCT
cblr-14249	199	1	cir	cir	NOUN
cblr-14249	199	2	.	.	PROPN
cblr-14249	199	3	2016	2016	NUM
cblr-14249	199	4	)	)	PUNCT
cblr-14249	199	5	(	(	PUNCT
cblr-14249	199	6	“	"	PUNCT
cblr-14249	199	7	the	the	DET
cblr-14249	199	8	government	government	NOUN
cblr-14249	199	9	can	can	AUX
cblr-14249	199	10	establish	establish	VERB
cblr-14249	199	11	a	a	DET
cblr-14249	199	12	prima	prima	NOUN
cblr-14249	199	13	facie	facie	NOUN
cblr-14249	199	14	case	case	NOUN
cblr-14249	199	15	simply	simply	ADV
cblr-14249	199	16	by	by	ADP
cblr-14249	199	17	showing	show	VERB
cblr-14249	199	18	a	a	DET
cblr-14249	199	19	high	high	ADJ
cblr-14249	199	20	no	no	NOUN
cblr-14249	199	21	.	.	NOUN
cblr-14249	199	22	1	1	NUM
cblr-14249	199	23	]	]	X
cblr-14249	199	24	contemporary	contemporary	ADJ
cblr-14249	199	25	merger	merger	NOUN
cblr-14249	199	26	review	review	NOUN
cblr-14249	199	27	under	under	ADP
cblr-14249	199	28	the	the	DET
cblr-14249	199	29	rule	rule	NOUN
cblr-14249	199	30	of	of	ADP
cblr-14249	199	31	law	law	NOUN
cblr-14249	199	32	113	113	NUM
cblr-14249	199	33	we	we	PRON
cblr-14249	199	34	continue	continue	VERB
cblr-14249	199	35	to	to	PART
cblr-14249	199	36	see	see	VERB
cblr-14249	199	37	reliance	reliance	NOUN
cblr-14249	199	38	on	on	ADP
cblr-14249	199	39	share	share	NOUN
cblr-14249	199	40	-	-	PUNCT
cblr-14249	199	41	based	base	VERB
cblr-14249	199	42	presumptions	presumption	NOUN
cblr-14249	199	43	of	of	ADP
cblr-14249	199	44	market	market	NOUN
cblr-14249	199	45	and	and	CCONJ
cblr-14249	199	46	monopoly	monopoly	NOUN
cblr-14249	199	47	power	power	NOUN
cblr-14249	199	48	in	in	ADP
cblr-14249	199	49	sherman	sherman	PROPN
cblr-14249	199	50	act	act	PROPN
cblr-14249	199	51	cases	case	NOUN
cblr-14249	199	52	.	.	PUNCT
cblr-14249	200	1	to	to	PART
cblr-14249	200	2	briefly	briefly	ADV
cblr-14249	200	3	answer	answer	VERB
cblr-14249	200	4	the	the	DET
cblr-14249	200	5	question	question	NOUN
cblr-14249	200	6	that	that	PRON
cblr-14249	200	7	headlined	headline	VERB
cblr-14249	200	8	the	the	DET
cblr-14249	200	9	lecture	lecture	NOUN
cblr-14249	200	10	,	,	PUNCT
cblr-14249	200	11	i	i	PRON
cblr-14249	200	12	do	do	AUX
cblr-14249	200	13	not	not	PART
cblr-14249	200	14	think	think	VERB
cblr-14249	200	15	the	the	DET
cblr-14249	200	16	supreme	supreme	PROPN
cblr-14249	200	17	court	court	PROPN
cblr-14249	200	18	would	would	AUX
cblr-14249	200	19	even	even	ADV
cblr-14249	200	20	get	get	VERB
cblr-14249	200	21	the	the	DET
cblr-14249	200	22	chance	chance	NOUN
cblr-14249	200	23	to	to	PART
cblr-14249	200	24	affirm	affirm	VERB
cblr-14249	200	25	the	the	DET
cblr-14249	200	26	structural	structural	ADJ
cblr-14249	200	27	presumption	presumption	NOUN
cblr-14249	200	28	.	.	PUNCT
cblr-14249	201	1	there	there	PRON
cblr-14249	201	2	is	be	VERB
cblr-14249	201	3	no	no	DET
cblr-14249	201	4	circuit	circuit	NOUN
cblr-14249	201	5	split	split	NOUN
cblr-14249	201	6	of	of	ADP
cblr-14249	201	7	which	which	PRON
cblr-14249	201	8	to	to	PART
cblr-14249	201	9	speak	speak	VERB
cblr-14249	201	10	,	,	PUNCT
cblr-14249	201	11	so	so	ADV
cblr-14249	201	12	it	it	PRON
cblr-14249	201	13	is	be	AUX
cblr-14249	201	14	not	not	PART
cblr-14249	201	15	clear	clear	ADJ
cblr-14249	201	16	how	how	SCONJ
cblr-14249	201	17	a	a	DET
cblr-14249	201	18	litigant	litigant	NOUN
cblr-14249	201	19	wishing	wish	VERB
cblr-14249	201	20	to	to	PART
cblr-14249	201	21	challenge	challenge	VERB
cblr-14249	201	22	it	it	PRON
cblr-14249	201	23	would	would	AUX
cblr-14249	201	24	even	even	ADV
cblr-14249	201	25	structure	structure	VERB
cblr-14249	201	26	a	a	DET
cblr-14249	201	27	certiorari	certiorari	ADJ
cblr-14249	201	28	petition	petition	NOUN
cblr-14249	201	29	.	.	PUNCT
cblr-14249	202	1	if	if	SCONJ
cblr-14249	202	2	pnb	pnb	PROPN
cblr-14249	202	3	has	have	AUX
cblr-14249	202	4	been	be	AUX
cblr-14249	202	5	in	in	ADP
cblr-14249	202	6	a	a	DET
cblr-14249	202	7	time	time	NOUN
cblr-14249	202	8	capsule	capsule	NOUN
cblr-14249	202	9	,	,	PUNCT
cblr-14249	202	10	it	it	PRON
cblr-14249	202	11	’s	’	VERB
cblr-14249	202	12	a	a	DET
cblr-14249	202	13	time	time	NOUN
cblr-14249	202	14	capsule	capsule	NOUN
cblr-14249	202	15	that	that	PRON
cblr-14249	202	16	has	have	AUX
cblr-14249	202	17	regularly	regularly	ADV
cblr-14249	202	18	been	be	AUX
cblr-14249	202	19	opened	open	VERB
cblr-14249	202	20	and	and	CCONJ
cblr-14249	202	21	reviewed	review	VERB
cblr-14249	202	22	favorably	favorably	ADV
cblr-14249	202	23	by	by	ADP
cblr-14249	202	24	the	the	DET
cblr-14249	202	25	circuit	circuit	NOUN
cblr-14249	202	26	courts	court	NOUN
cblr-14249	202	27	throughout	throughout	ADP
cblr-14249	202	28	the	the	DET
cblr-14249	202	29	last	last	ADJ
cblr-14249	202	30	sixty	sixty	NUM
cblr-14249	202	31	years	year	NOUN
cblr-14249	202	32	.	.	PUNCT
cblr-14249	203	1	that	that	PRON
cblr-14249	203	2	is	be	AUX
cblr-14249	203	3	not	not	PART
cblr-14249	203	4	to	to	PART
cblr-14249	203	5	say	say	VERB
cblr-14249	203	6	our	our	PRON
cblr-14249	203	7	understanding	understanding	NOUN
cblr-14249	203	8	of	of	ADP
cblr-14249	203	9	the	the	DET
cblr-14249	203	10	structural	structural	ADJ
cblr-14249	203	11	presumption	presumption	NOUN
cblr-14249	203	12	has	have	AUX
cblr-14249	203	13	not	not	PART
cblr-14249	203	14	evolved	evolve	VERB
cblr-14249	203	15	.	.	PUNCT
cblr-14249	204	1	we	we	PRON
cblr-14249	204	2	now	now	ADV
cblr-14249	204	3	recognize	recognize	VERB
cblr-14249	204	4	that	that	SCONJ
cblr-14249	204	5	it	it	PRON
cblr-14249	204	6	is	be	AUX
cblr-14249	204	7	fully	fully	ADV
cblr-14249	204	8	consonant	consonant	ADJ
cblr-14249	204	9	with	with	ADP
cblr-14249	204	10	an	an	DET
cblr-14249	204	11	economic	economic	ADJ
cblr-14249	204	12	definition	definition	NOUN
cblr-14249	204	13	of	of	ADP
cblr-14249	204	14	competition	competition	NOUN
cblr-14249	204	15	because	because	SCONJ
cblr-14249	204	16	merger	merger	NOUN
cblr-14249	204	17	-	-	PUNCT
cblr-14249	204	18	induced	induce	VERB
cblr-14249	204	19	increases	increase	NOUN
cblr-14249	204	20	in	in	ADP
cblr-14249	204	21	concentration	concentration	NOUN
cblr-14249	204	22	can	can	AUX
cblr-14249	204	23	indicate	indicate	VERB
cblr-14249	204	24	a	a	DET
cblr-14249	204	25	risk	risk	NOUN
cblr-14249	204	26	of	of	ADP
cblr-14249	204	27	both	both	DET
cblr-14249	204	28	coordinated	coordinated	ADJ
cblr-14249	204	29	and	and	CCONJ
cblr-14249	204	30	unilateral	unilateral	ADJ
cblr-14249	204	31	effects	effect	NOUN
cblr-14249	204	32	.	.	PUNCT
cblr-14249	205	1	as	as	ADP
cblr-14249	205	2	to	to	ADP
cblr-14249	205	3	coordinated	coordinate	VERB
cblr-14249	205	4	effects	effect	NOUN
cblr-14249	205	5	,	,	PUNCT
cblr-14249	205	6	when	when	SCONJ
cblr-14249	205	7	a	a	DET
cblr-14249	205	8	merger	merger	NOUN
cblr-14249	205	9	further	far	ADV
cblr-14249	205	10	concentrates	concentrate	VERB
cblr-14249	205	11	a	a	DET
cblr-14249	205	12	concentrated	concentrated	ADJ
cblr-14249	205	13	market	market	NOUN
cblr-14249	205	14	,	,	PUNCT
cblr-14249	205	15	it	it	PRON
cblr-14249	205	16	raises	raise	VERB
cblr-14249	205	17	the	the	DET
cblr-14249	205	18	risk	risk	NOUN
cblr-14249	205	19	of	of	ADP
cblr-14249	205	20	oligopoly	oligopoly	ADJ
cblr-14249	205	21	behavior	behavior	NOUN
cblr-14249	205	22	.	.	PUNCT
cblr-14249	206	1	the	the	DET
cblr-14249	206	2	change	change	NOUN
cblr-14249	206	3	in	in	ADP
cblr-14249	206	4	market	market	NOUN
cblr-14249	206	5	structure	structure	NOUN
cblr-14249	206	6	can	can	AUX
cblr-14249	206	7	suggest	suggest	VERB
cblr-14249	206	8	a	a	DET
cblr-14249	206	9	danger	danger	NOUN
cblr-14249	206	10	that	that	SCONJ
cblr-14249	206	11	competitors	competitor	NOUN
cblr-14249	206	12	will	will	AUX
cblr-14249	206	13	pull	pull	VERB
cblr-14249	206	14	their	their	PRON
cblr-14249	206	15	punches	punch	NOUN
cblr-14249	206	16	in	in	ADP
cblr-14249	206	17	the	the	DET
cblr-14249	206	18	hopes	hope	NOUN
cblr-14249	206	19	that	that	SCONJ
cblr-14249	206	20	all	all	DET
cblr-14249	206	21	participants	participant	NOUN
cblr-14249	206	22	will	will	AUX
cblr-14249	206	23	compete	compete	VERB
cblr-14249	206	24	less	less	ADV
cblr-14249	206	25	forcefully	forcefully	ADV
cblr-14249	206	26	and	and	CCONJ
cblr-14249	206	27	share	share	VERB
cblr-14249	206	28	in	in	ADP
cblr-14249	206	29	the	the	DET
cblr-14249	206	30	higher	high	ADJ
cblr-14249	206	31	prices	price	NOUN
cblr-14249	206	32	that	that	PRON
cblr-14249	206	33	result	result	VERB
cblr-14249	206	34	.	.	PUNCT
cblr-14249	207	1	indeed	indeed	ADV
cblr-14249	207	2	,	,	PUNCT
cblr-14249	207	3	this	this	DET
cblr-14249	207	4	specific	specific	ADJ
cblr-14249	207	5	concern	concern	NOUN
cblr-14249	207	6	was	be	AUX
cblr-14249	207	7	repeated	repeat	VERB
cblr-14249	207	8	in	in	ADP
cblr-14249	207	9	brooke	brooke	PROPN
cblr-14249	207	10	group	group	PROPN
cblr-14249	207	11	in	in	ADP
cblr-14249	207	12	1993	1993	NUM
cblr-14249	207	13	.	.	PUNCT
cblr-14249	208	1	the	the	DET
cblr-14249	208	2	supreme	supreme	PROPN
cblr-14249	208	3	court	court	PROPN
cblr-14249	208	4	explained	explain	VERB
cblr-14249	208	5	that	that	SCONJ
cblr-14249	208	6	“	"	PUNCT
cblr-14249	208	7	it	it	PRON
cblr-14249	208	8	has	have	AUX
cblr-14249	208	9	long	long	ADV
cblr-14249	208	10	been	be	AUX
cblr-14249	208	11	settled	settle	VERB
cblr-14249	208	12	”	"	PUNCT
cblr-14249	208	13	that	that	SCONJ
cblr-14249	208	14	excessive	excessive	ADJ
cblr-14249	208	15	concentration	concentration	NOUN
cblr-14249	208	16	portends	portend	VERB
cblr-14249	208	17	oligopolistic	oligopolistic	ADJ
cblr-14249	208	18	price	price	NOUN
cblr-14249	208	19	coordination.36	coordination.36	NOUN
cblr-14249	208	20	market	market	NOUN
cblr-14249	208	21	concentration	concentration	NOUN
cblr-14249	208	22	based	base	VERB
cblr-14249	208	23	on	on	ADP
cblr-14249	208	24	hhi	hhi	NOUN
cblr-14249	208	25	numbers	number	NOUN
cblr-14249	208	26	.	.	PUNCT
cblr-14249	208	27	”	"	PUNCT
cblr-14249	208	28	)	)	PUNCT
cblr-14249	208	29	;	;	PUNCT
cblr-14249	208	30	saint	saint	PROPN
cblr-14249	208	31	alphonsus	alphonsus	PROPN
cblr-14249	208	32	med	med	PROPN
cblr-14249	208	33	.	.	PUNCT
cblr-14249	209	1	ctr.-nampa	ctr.-nampa	PROPN
cblr-14249	209	2	inc	inc	PROPN
cblr-14249	209	3	.	.	PROPN
cblr-14249	210	1	v.	v.	PROPN
cblr-14249	210	2	st	st	PROPN
cblr-14249	210	3	.	.	PROPN
cblr-14249	210	4	luke	luke	PROPN
cblr-14249	210	5	’s	’s	PART
cblr-14249	210	6	health	health	PROPN
cblr-14249	210	7	sys	sys	PROPN
cblr-14249	210	8	.	.	PROPN
cblr-14249	210	9	,	,	PUNCT
cblr-14249	210	10	ltd	ltd	PROPN
cblr-14249	210	11	.	.	PROPN
cblr-14249	210	12	,	,	PUNCT
cblr-14249	210	13	778	778	NUM
cblr-14249	210	14	f.3d	f.3d	NUM
cblr-14249	210	15	775	775	NUM
cblr-14249	210	16	,	,	PUNCT
cblr-14249	210	17	788	788	NUM
cblr-14249	210	18	(	(	PUNCT
cblr-14249	210	19	9th	9th	ADJ
cblr-14249	210	20	cir	cir	NOUN
cblr-14249	210	21	.	.	PROPN
cblr-14249	210	22	2015	2015	NUM
cblr-14249	210	23	)	)	PUNCT
cblr-14249	211	1	(	(	PUNCT
cblr-14249	211	2	“	"	PUNCT
cblr-14249	211	3	the	the	DET
cblr-14249	211	4	extremely	extremely	ADV
cblr-14249	211	5	high	high	ADJ
cblr-14249	211	6	hhi	hhi	NOUN
cblr-14249	211	7	on	on	ADP
cblr-14249	211	8	its	its	PRON
cblr-14249	211	9	own	own	ADJ
cblr-14249	211	10	establishes	establish	VERB
cblr-14249	211	11	the	the	DET
cblr-14249	211	12	prima	prima	PROPN
cblr-14249	211	13	facie	facie	NOUN
cblr-14249	211	14	case	case	NOUN
cblr-14249	211	15	.	.	PUNCT
cblr-14249	211	16	”	"	PUNCT
cblr-14249	211	17	)	)	PUNCT
cblr-14249	211	18	;	;	PUNCT
cblr-14249	211	19	promedica	promedica	PROPN
cblr-14249	211	20	health	health	PROPN
cblr-14249	211	21	sys	sys	PROPN
cblr-14249	211	22	.	.	PROPN
cblr-14249	211	23	inc	inc	PROPN
cblr-14249	211	24	.	.	PROPN
cblr-14249	212	1	v.	v.	PROPN
cblr-14249	212	2	fed	fed	PROPN
cblr-14249	212	3	.	.	PUNCT
cblr-14249	213	1	trade	trade	PROPN
cblr-14249	213	2	comm'n	comm'n	PROPN
cblr-14249	213	3	,	,	PUNCT
cblr-14249	213	4	749	749	NUM
cblr-14249	213	5	f.3d	f.3d	NUM
cblr-14249	213	6	559	559	NUM
cblr-14249	213	7	,	,	PUNCT
cblr-14249	213	8	570	570	NUM
cblr-14249	213	9	(	(	PUNCT
cblr-14249	213	10	6th	6th	ADJ
cblr-14249	213	11	cir	cir	NOUN
cblr-14249	213	12	.	.	PROPN
cblr-14249	213	13	2014	2014	NUM
cblr-14249	213	14	)	)	PUNCT
cblr-14249	214	1	(	(	PUNCT
cblr-14249	214	2	applying	apply	VERB
cblr-14249	214	3	the	the	DET
cblr-14249	214	4	structural	structural	ADJ
cblr-14249	214	5	presumption	presumption	NOUN
cblr-14249	214	6	based	base	VERB
cblr-14249	214	7	on	on	ADP
cblr-14249	214	8	“	"	PUNCT
cblr-14249	214	9	the	the	DET
cblr-14249	214	10	strong	strong	ADJ
cblr-14249	214	11	correlation	correlation	NOUN
cblr-14249	214	12	between	between	ADP
cblr-14249	214	13	market	market	NOUN
cblr-14249	214	14	share	share	NOUN
cblr-14249	214	15	and	and	CCONJ
cblr-14249	214	16	price	price	NOUN
cblr-14249	214	17	,	,	PUNCT
cblr-14249	214	18	and	and	CCONJ
cblr-14249	214	19	the	the	DET
cblr-14249	214	20	degree	degree	NOUN
cblr-14249	214	21	to	to	PART
cblr-14249	214	22	which	which	PRON
cblr-14249	214	23	this	this	DET
cblr-14249	214	24	merger	merger	NOUN
cblr-14249	214	25	would	would	AUX
cblr-14249	214	26	further	far	ADV
cblr-14249	214	27	concentrate	concentrate	VERB
cblr-14249	214	28	markets	market	NOUN
cblr-14249	214	29	that	that	PRON
cblr-14249	214	30	are	be	AUX
cblr-14249	214	31	already	already	ADV
cblr-14249	214	32	highly	highly	ADV
cblr-14249	214	33	concentrated	concentrate	VERB
cblr-14249	214	34	”	"	PUNCT
cblr-14249	214	35	)	)	PUNCT
cblr-14249	214	36	.	.	PUNCT
cblr-14249	215	1	36	36	NUM
cblr-14249	215	2	brooke	brooke	PROPN
cblr-14249	215	3	grp	grp	PROPN
cblr-14249	215	4	.	.	PROPN
cblr-14249	215	5	ltd	ltd	PROPN
cblr-14249	215	6	.	.	PROPN
cblr-14249	215	7	v.	v.	ADP
cblr-14249	215	8	brown	brown	PROPN
cblr-14249	215	9	&	&	CCONJ
cblr-14249	215	10	williamson	williamson	PROPN
cblr-14249	215	11	tobacco	tobacco	PROPN
cblr-14249	215	12	corp	corp	PROPN
cblr-14249	215	13	.	.	PROPN
cblr-14249	215	14	,	,	PUNCT
cblr-14249	215	15	509	509	NUM
cblr-14249	215	16	u.s	u.s	PROPN
cblr-14249	215	17	.	.	PROPN
cblr-14249	215	18	209	209	NUM
cblr-14249	215	19	,	,	PUNCT
cblr-14249	215	20	229–30	229–30	NUM
cblr-14249	215	21	(	(	PUNCT
cblr-14249	215	22	1993	1993	NUM
cblr-14249	215	23	)	)	PUNCT
cblr-14249	215	24	.	.	PUNCT
cblr-14249	216	1	114	114	NUM
cblr-14249	216	2	columbia	columbia	PROPN
cblr-14249	216	3	business	business	NOUN
cblr-14249	216	4	law	law	PROPN
cblr-14249	216	5	review	review	NOUN
cblr-14249	216	6	[	[	X
cblr-14249	216	7	vol	vol	NOUN
cblr-14249	216	8	.	.	PUNCT
cblr-14249	216	9	2025	2025	NUM
cblr-14249	216	10	as	as	ADP
cblr-14249	216	11	to	to	ADP
cblr-14249	216	12	the	the	DET
cblr-14249	216	13	elimination	elimination	NOUN
cblr-14249	216	14	of	of	ADP
cblr-14249	216	15	head	head	NOUN
cblr-14249	216	16	-	-	PUNCT
cblr-14249	216	17	to	to	ADP
cblr-14249	216	18	-	-	PUNCT
cblr-14249	216	19	head	head	NOUN
cblr-14249	216	20	competition	competition	NOUN
cblr-14249	216	21	,	,	PUNCT
cblr-14249	216	22	when	when	SCONJ
cblr-14249	216	23	shares	share	NOUN
cblr-14249	216	24	are	be	AUX
cblr-14249	216	25	high	high	ADJ
cblr-14249	216	26	,	,	PUNCT
cblr-14249	216	27	diversion	diversion	NOUN
cblr-14249	216	28	ratios	ratio	NOUN
cblr-14249	216	29	and	and	CCONJ
cblr-14249	216	30	margins	margin	NOUN
cblr-14249	216	31	often	often	ADV
cblr-14249	216	32	are	be	AUX
cblr-14249	216	33	too	too	ADV
cblr-14249	216	34	,	,	PUNCT
cblr-14249	216	35	suggesting	suggest	VERB
cblr-14249	216	36	a	a	DET
cblr-14249	216	37	risk	risk	NOUN
cblr-14249	216	38	that	that	SCONJ
cblr-14249	216	39	the	the	DET
cblr-14249	216	40	merger	merger	NOUN
cblr-14249	216	41	will	will	AUX
cblr-14249	216	42	eliminate	eliminate	VERB
cblr-14249	216	43	substantial	substantial	ADJ
cblr-14249	216	44	head	head	NOUN
cblr-14249	216	45	-	-	PUNCT
cblr-14249	216	46	to	to	ADP
cblr-14249	216	47	-	-	PUNCT
cblr-14249	216	48	head	head	NOUN
cblr-14249	216	49	competition	competition	NOUN
cblr-14249	216	50	and	and	CCONJ
cblr-14249	216	51	result	result	VERB
cblr-14249	216	52	in	in	ADP
cblr-14249	216	53	unilateral	unilateral	ADJ
cblr-14249	216	54	effects	effect	NOUN
cblr-14249	216	55	.	.	PUNCT
cblr-14249	217	1	the	the	DET
cblr-14249	217	2	structural	structural	ADJ
cblr-14249	217	3	presumption	presumption	NOUN
cblr-14249	217	4	can	can	AUX
cblr-14249	217	5	therefore	therefore	ADV
cblr-14249	217	6	serve	serve	VERB
cblr-14249	217	7	as	as	ADP
cblr-14249	217	8	a	a	DET
cblr-14249	217	9	coarse	coarse	ADJ
cblr-14249	217	10	proxy	proxy	NOUN
cblr-14249	217	11	for	for	ADP
cblr-14249	217	12	the	the	DET
cblr-14249	217	13	more	more	ADJ
cblr-14249	217	14	in	in	ADP
cblr-14249	217	15	-	-	PUNCT
cblr-14249	217	16	depth	depth	NOUN
cblr-14249	217	17	merger	merger	NOUN
cblr-14249	217	18	simulations	simulation	NOUN
cblr-14249	217	19	that	that	PRON
cblr-14249	217	20	use	use	VERB
cblr-14249	217	21	demand	demand	NOUN
cblr-14249	217	22	estimation	estimation	NOUN
cblr-14249	217	23	and	and	CCONJ
cblr-14249	217	24	margin	margin	NOUN
cblr-14249	217	25	data	datum	NOUN
cblr-14249	217	26	to	to	PART
cblr-14249	217	27	attempt	attempt	VERB
cblr-14249	217	28	to	to	PART
cblr-14249	217	29	quantify	quantify	VERB
cblr-14249	217	30	unilateral	unilateral	ADJ
cblr-14249	217	31	effects	effect	NOUN
cblr-14249	217	32	.	.	PUNCT
cblr-14249	218	1	for	for	ADP
cblr-14249	218	2	those	those	PRON
cblr-14249	218	3	who	who	PRON
cblr-14249	218	4	hoped	hope	VERB
cblr-14249	218	5	for	for	ADP
cblr-14249	218	6	a	a	DET
cblr-14249	218	7	bruising	bruise	VERB
cblr-14249	218	8	battle	battle	NOUN
cblr-14249	218	9	with	with	ADP
cblr-14249	218	10	andrew	andrew	PROPN
cblr-14249	218	11	and	and	CCONJ
cblr-14249	218	12	are	be	AUX
cblr-14249	218	13	disappointed	disappoint	VERB
cblr-14249	218	14	by	by	ADP
cblr-14249	218	15	how	how	SCONJ
cblr-14249	218	16	much	much	ADJ
cblr-14249	218	17	we	we	PRON
cblr-14249	218	18	agree	agree	VERB
cblr-14249	218	19	,	,	PUNCT
cblr-14249	218	20	you	you	PRON
cblr-14249	218	21	will	will	AUX
cblr-14249	218	22	find	find	VERB
cblr-14249	218	23	controversy	controversy	NOUN
cblr-14249	218	24	here	here	ADV
cblr-14249	218	25	on	on	ADP
cblr-14249	218	26	one	one	NUM
cblr-14249	218	27	point	point	NOUN
cblr-14249	218	28	.	.	PUNCT
cblr-14249	219	1	i	i	PRON
cblr-14249	219	2	noticed	notice	VERB
cblr-14249	219	3	that	that	SCONJ
cblr-14249	219	4	he	he	PRON
cblr-14249	219	5	made	make	VERB
cblr-14249	219	6	a	a	DET
cblr-14249	219	7	point	point	NOUN
cblr-14249	219	8	to	to	ADP
cblr-14249	219	9	the	the	DET
cblr-14249	219	10	effect	effect	NOUN
cblr-14249	219	11	that	that	SCONJ
cblr-14249	219	12	reliance	reliance	NOUN
cblr-14249	219	13	on	on	ADP
cblr-14249	219	14	the	the	DET
cblr-14249	219	15	structural	structural	ADJ
cblr-14249	219	16	presumption	presumption	NOUN
cblr-14249	219	17	in	in	ADP
cblr-14249	219	18	merger	merger	NOUN
cblr-14249	219	19	review	review	NOUN
cblr-14249	219	20	is	be	AUX
cblr-14249	219	21	an	an	DET
cblr-14249	219	22	example	example	NOUN
cblr-14249	219	23	of	of	ADP
cblr-14249	219	24	the	the	DET
cblr-14249	219	25	structure	structure	NOUN
cblr-14249	219	26	-	-	PUNCT
cblr-14249	219	27	conductperformance	conductperformance	NOUN
cblr-14249	219	28	(	(	PUNCT
cblr-14249	219	29	scp	scp	PROPN
cblr-14249	219	30	)	)	PUNCT
cblr-14249	219	31	error	error	NOUN
cblr-14249	219	32	that	that	PRON
cblr-14249	219	33	was	be	AUX
cblr-14249	219	34	rebutted	rebut	VERB
cblr-14249	219	35	by	by	ADP
cblr-14249	219	36	demsetz	demsetz	VERB
cblr-14249	219	37	.	.	PUNCT
cblr-14249	220	1	it	it	PRON
cblr-14249	220	2	is	be	AUX
cblr-14249	220	3	important	important	ADJ
cblr-14249	220	4	to	to	PART
cblr-14249	220	5	contrast	contrast	VERB
cblr-14249	220	6	which	which	DET
cblr-14249	220	7	variables	variable	VERB
cblr-14249	220	8	the	the	DET
cblr-14249	220	9	scp	scp	PROPN
cblr-14249	220	10	paradigm	paradigm	NOUN
cblr-14249	220	11	and	and	CCONJ
cblr-14249	220	12	the	the	DET
cblr-14249	220	13	structural	structural	ADJ
cblr-14249	220	14	paradigm	paradigm	NOUN
cblr-14249	220	15	correlate	correlate	VERB
cblr-14249	220	16	.	.	PUNCT
cblr-14249	221	1	the	the	DET
cblr-14249	221	2	scp	scp	PROPN
cblr-14249	221	3	debate	debate	NOUN
cblr-14249	221	4	was	be	AUX
cblr-14249	221	5	about	about	ADP
cblr-14249	221	6	whether	whether	SCONJ
cblr-14249	221	7	there	there	PRON
cblr-14249	221	8	was	be	VERB
cblr-14249	221	9	a	a	DET
cblr-14249	221	10	correlation	correlation	NOUN
cblr-14249	221	11	between	between	ADP
cblr-14249	221	12	market	market	NOUN
cblr-14249	221	13	structure	structure	NOUN
cblr-14249	221	14	and	and	CCONJ
cblr-14249	221	15	market	market	NOUN
cblr-14249	221	16	performance	performance	NOUN
cblr-14249	221	17	generally	generally	ADV
cblr-14249	221	18	.	.	PUNCT
cblr-14249	222	1	demsetz	demsetz	PROPN
cblr-14249	222	2	argued	argue	VERB
cblr-14249	222	3	that	that	SCONJ
cblr-14249	222	4	competition	competition	NOUN
cblr-14249	222	5	can	can	AUX
cblr-14249	222	6	lead	lead	VERB
cblr-14249	222	7	to	to	ADP
cblr-14249	222	8	concentration	concentration	NOUN
cblr-14249	222	9	as	as	SCONJ
cblr-14249	222	10	scale	scale	NOUN
cblr-14249	222	11	economies	economy	NOUN
cblr-14249	222	12	organically	organically	ADV
cblr-14249	222	13	drive	drive	VERB
cblr-14249	222	14	firms	firm	NOUN
cblr-14249	222	15	to	to	PART
cblr-14249	222	16	win	win	VERB
cblr-14249	222	17	share.37	share.37	NOUN
cblr-14249	222	18	since	since	SCONJ
cblr-14249	222	19	competition	competition	NOUN
cblr-14249	222	20	can	can	AUX
cblr-14249	222	21	drive	drive	VERB
cblr-14249	222	22	concentration	concentration	NOUN
cblr-14249	222	23	,	,	PUNCT
cblr-14249	222	24	he	he	PRON
cblr-14249	222	25	said	say	VERB
cblr-14249	222	26	,	,	PUNCT
cblr-14249	222	27	we	we	PRON
cblr-14249	222	28	ca	can	AUX
cblr-14249	222	29	n’t	not	PART
cblr-14249	222	30	assume	assume	VERB
cblr-14249	222	31	that	that	SCONJ
cblr-14249	222	32	more	more	ADJ
cblr-14249	222	33	concentration	concentration	NOUN
cblr-14249	222	34	usually	usually	ADV
cblr-14249	222	35	means	mean	VERB
cblr-14249	222	36	less	less	ADJ
cblr-14249	222	37	competition.38	competition.38	NOUN
cblr-14249	222	38	but	but	CCONJ
cblr-14249	222	39	that	that	PRON
cblr-14249	222	40	does	do	AUX
cblr-14249	222	41	n’t	not	PART
cblr-14249	222	42	give	give	VERB
cblr-14249	222	43	us	we	PRON
cblr-14249	222	44	a	a	DET
cblr-14249	222	45	reason	reason	NOUN
cblr-14249	222	46	to	to	PART
cblr-14249	222	47	ignore	ignore	VERB
cblr-14249	222	48	the	the	DET
cblr-14249	222	49	implications	implication	NOUN
cblr-14249	222	50	of	of	ADP
cblr-14249	222	51	changes	change	NOUN
cblr-14249	222	52	in	in	ADP
cblr-14249	222	53	market	market	NOUN
cblr-14249	222	54	structure	structure	NOUN
cblr-14249	222	55	caused	cause	VERB
cblr-14249	222	56	not	not	PART
cblr-14249	222	57	by	by	ADP
cblr-14249	222	58	an	an	DET
cblr-14249	222	59	efficient	efficient	ADJ
cblr-14249	222	60	firm	firm	NOUN
cblr-14249	222	61	winning	win	VERB
cblr-14249	222	62	customers	customer	NOUN
cblr-14249	222	63	,	,	PUNCT
cblr-14249	222	64	but	but	CCONJ
cblr-14249	222	65	by	by	ADP
cblr-14249	222	66	a	a	DET
cblr-14249	222	67	horizontal	horizontal	ADJ
cblr-14249	222	68	merger	merger	NOUN
cblr-14249	222	69	combining	combine	VERB
cblr-14249	222	70	competitors	competitor	NOUN
cblr-14249	222	71	.	.	PUNCT
cblr-14249	223	1	that	that	PRON
cblr-14249	223	2	’s	’s	AUX
cblr-14249	223	3	correlating	correlate	VERB
cblr-14249	223	4	a	a	DET
cblr-14249	223	5	different	different	ADJ
cblr-14249	223	6	variable	variable	NOUN
cblr-14249	223	7	.	.	PUNCT
cblr-14249	224	1	and	and	CCONJ
cblr-14249	224	2	the	the	DET
cblr-14249	224	3	variable	variable	NOUN
cblr-14249	224	4	we	we	PRON
cblr-14249	224	5	are	be	AUX
cblr-14249	224	6	testing	test	VERB
cblr-14249	224	7	here	here	ADV
cblr-14249	224	8	—	—	PUNCT
cblr-14249	224	9	merger	merger	NOUN
cblr-14249	224	10	-	-	PUNCT
cblr-14249	224	11	induced	induce	VERB
cblr-14249	224	12	increases	increase	NOUN
cblr-14249	224	13	in	in	ADP
cblr-14249	224	14	concentration	concentration	NOUN
cblr-14249	224	15	—	—	PUNCT
cblr-14249	224	16	correlates	correlate	VERB
cblr-14249	224	17	with	with	ADP
cblr-14249	224	18	modern	modern	ADJ
cblr-14249	224	19	competitive	competitive	ADJ
cblr-14249	224	20	effects	effect	NOUN
cblr-14249	224	21	theories	theory	NOUN
cblr-14249	224	22	.	.	PUNCT
cblr-14249	225	1	in	in	ADP
cblr-14249	225	2	fact	fact	NOUN
cblr-14249	225	3	,	,	PUNCT
cblr-14249	225	4	two	two	NUM
cblr-14249	225	5	dozen	dozen	NOUN
cblr-14249	225	6	economists	economist	NOUN
cblr-14249	225	7	who	who	PRON
cblr-14249	225	8	have	have	AUX
cblr-14249	225	9	served	serve	VERB
cblr-14249	225	10	as	as	ADP
cblr-14249	225	11	senior	senior	ADJ
cblr-14249	225	12	economists	economist	NOUN
cblr-14249	225	13	in	in	ADP
cblr-14249	225	14	both	both	CCONJ
cblr-14249	225	15	republican	republican	ADJ
cblr-14249	225	16	and	and	CCONJ
cblr-14249	225	17	democratic	democratic	ADJ
cblr-14249	225	18	administrations	administration	NOUN
cblr-14249	225	19	recently	recently	ADV
cblr-14249	225	20	wrote	write	VERB
cblr-14249	225	21	a	a	DET
cblr-14249	225	22	paper	paper	NOUN
cblr-14249	225	23	in	in	ADP
cblr-14249	225	24	the	the	DET
cblr-14249	225	25	journal	journal	NOUN
cblr-14249	225	26	of	of	ADP
cblr-14249	225	27	37	37	NUM
cblr-14249	225	28	see	see	VERB
cblr-14249	225	29	generally	generally	ADV
cblr-14249	225	30	harold	harold	PROPN
cblr-14249	225	31	demsetz	demsetz	PROPN
cblr-14249	225	32	,	,	PUNCT
cblr-14249	225	33	industry	industry	NOUN
cblr-14249	225	34	structure	structure	NOUN
cblr-14249	225	35	,	,	PUNCT
cblr-14249	225	36	market	market	NOUN
cblr-14249	225	37	rivalry	rivalry	NOUN
cblr-14249	225	38	,	,	PUNCT
cblr-14249	225	39	and	and	CCONJ
cblr-14249	225	40	public	public	ADJ
cblr-14249	225	41	policy	policy	NOUN
cblr-14249	225	42	,	,	PUNCT
cblr-14249	225	43	16	16	NUM
cblr-14249	225	44	j.l	j.l	PROPN
cblr-14249	225	45	.	.	PROPN
cblr-14249	225	46	&	&	CCONJ
cblr-14249	225	47	econ	econ	PROPN
cblr-14249	225	48	.	.	PROPN
cblr-14249	226	1	1	1	NUM
cblr-14249	226	2	(	(	PUNCT
cblr-14249	226	3	1973	1973	NUM
cblr-14249	226	4	)	)	PUNCT
cblr-14249	226	5	.	.	PUNCT
cblr-14249	227	1	38	38	NUM
cblr-14249	228	1	i	i	PRON
cblr-14249	228	2	d.	d.	NOUN
cblr-14249	228	3	at	at	ADP
cblr-14249	228	4	1	1	NUM
cblr-14249	228	5	.	.	PUNCT
cblr-14249	229	1	no	no	INTJ
cblr-14249	229	2	.	.	NOUN
cblr-14249	230	1	1	1	NUM
cblr-14249	230	2	]	]	X
cblr-14249	230	3	contemporary	contemporary	ADJ
cblr-14249	230	4	merger	merger	NOUN
cblr-14249	230	5	review	review	NOUN
cblr-14249	230	6	under	under	ADP
cblr-14249	230	7	the	the	DET
cblr-14249	230	8	rule	rule	NOUN
cblr-14249	230	9	of	of	ADP
cblr-14249	230	10	law	law	NOUN
cblr-14249	230	11	115	115	NUM
cblr-14249	230	12	antitrust	antitrust	ADJ
cblr-14249	230	13	enforcement	enforcement	NOUN
cblr-14249	230	14	that	that	PRON
cblr-14249	230	15	demonstrates	demonstrate	VERB
cblr-14249	230	16	this	this	DET
cblr-14249	230	17	distinction.39	distinction.39	VERB
cblr-14249	230	18	the	the	DET
cblr-14249	230	19	main	main	ADJ
cblr-14249	230	20	focus	focus	NOUN
cblr-14249	230	21	of	of	ADP
cblr-14249	230	22	their	their	PRON
cblr-14249	230	23	paper	paper	NOUN
cblr-14249	230	24	is	be	AUX
cblr-14249	230	25	a	a	DET
cblr-14249	230	26	concern	concern	NOUN
cblr-14249	230	27	about	about	ADP
cblr-14249	230	28	the	the	DET
cblr-14249	230	29	misuse	misuse	NOUN
cblr-14249	230	30	of	of	ADP
cblr-14249	230	31	concentration	concentration	NOUN
cblr-14249	230	32	measures	measure	NOUN
cblr-14249	230	33	as	as	ADP
cblr-14249	230	34	a	a	DET
cblr-14249	230	35	basis	basis	NOUN
cblr-14249	230	36	for	for	ADP
cblr-14249	230	37	assessing	assess	VERB
cblr-14249	230	38	market	market	NOUN
cblr-14249	230	39	competitiveness	competitiveness	NOUN
cblr-14249	230	40	.	.	PUNCT
cblr-14249	231	1	they	they	PRON
cblr-14249	231	2	worried	worry	VERB
cblr-14249	231	3	that	that	SCONJ
cblr-14249	231	4	demsetz	demsetz	NOUN
cblr-14249	231	5	’s	’s	PART
cblr-14249	231	6	point	point	NOUN
cblr-14249	231	7	was	be	AUX
cblr-14249	231	8	ignored	ignore	VERB
cblr-14249	231	9	by	by	ADP
cblr-14249	231	10	papers	paper	NOUN
cblr-14249	231	11	correlating	correlate	VERB
cblr-14249	231	12	concentration	concentration	NOUN
cblr-14249	231	13	generally	generally	ADV
cblr-14249	231	14	with	with	ADP
cblr-14249	231	15	competition	competition	NOUN
cblr-14249	231	16	generally	generally	ADV
cblr-14249	231	17	as	as	SCONJ
cblr-14249	231	18	the	the	DET
cblr-14249	231	19	scp	scp	PROPN
cblr-14249	231	20	paradigm	paradigm	NOUN
cblr-14249	231	21	once	once	ADV
cblr-14249	231	22	did	do	VERB
cblr-14249	231	23	.	.	PUNCT
cblr-14249	232	1	they	they	PRON
cblr-14249	232	2	reiterated	reiterate	VERB
cblr-14249	232	3	that	that	SCONJ
cblr-14249	232	4	it	it	PRON
cblr-14249	232	5	is	be	AUX
cblr-14249	232	6	wrong	wrong	ADJ
cblr-14249	232	7	to	to	PART
cblr-14249	232	8	assess	assess	VERB
cblr-14249	232	9	the	the	DET
cblr-14249	232	10	state	state	NOUN
cblr-14249	232	11	of	of	ADP
cblr-14249	232	12	competition	competition	NOUN
cblr-14249	232	13	in	in	ADP
cblr-14249	232	14	our	our	PRON
cblr-14249	232	15	economy	economy	NOUN
cblr-14249	232	16	solely	solely	ADV
cblr-14249	232	17	based	base	VERB
cblr-14249	232	18	on	on	ADP
cblr-14249	232	19	the	the	DET
cblr-14249	232	20	level	level	NOUN
cblr-14249	232	21	of	of	ADP
cblr-14249	232	22	concentration	concentration	NOUN
cblr-14249	232	23	.	.	PUNCT
cblr-14249	233	1	but	but	CCONJ
cblr-14249	233	2	they	they	PRON
cblr-14249	233	3	distinguished	distinguish	VERB
cblr-14249	233	4	relying	rely	VERB
cblr-14249	233	5	on	on	ADP
cblr-14249	233	6	merger	merger	NOUN
cblr-14249	233	7	-	-	PUNCT
cblr-14249	233	8	induced	induce	VERB
cblr-14249	233	9	concentration	concentration	NOUN
cblr-14249	233	10	changes	change	NOUN
cblr-14249	233	11	for	for	ADP
cblr-14249	233	12	a	a	DET
cblr-14249	233	13	structural	structural	ADJ
cblr-14249	233	14	presumption	presumption	NOUN
cblr-14249	233	15	.	.	PUNCT
cblr-14249	234	1	they	they	PRON
cblr-14249	234	2	explained	explain	VERB
cblr-14249	234	3	that	that	SCONJ
cblr-14249	234	4	as	as	ADP
cblr-14249	234	5	to	to	ADP
cblr-14249	234	6	that	that	DET
cblr-14249	234	7	separate	separate	ADJ
cblr-14249	234	8	question	question	NOUN
cblr-14249	234	9	,	,	PUNCT
cblr-14249	234	10	“	"	PUNCT
cblr-14249	234	11	economic	economic	ADJ
cblr-14249	234	12	theory	theory	NOUN
cblr-14249	234	13	is	be	AUX
cblr-14249	234	14	consistent	consistent	ADJ
cblr-14249	234	15	with	with	ADP
cblr-14249	234	16	the	the	DET
cblr-14249	234	17	legal	legal	ADJ
cblr-14249	234	18	presumption	presumption	NOUN
cblr-14249	234	19	that	that	SCONJ
cblr-14249	234	20	a	a	DET
cblr-14249	234	21	merger	merger	NOUN
cblr-14249	234	22	is	be	AUX
cblr-14249	234	23	likely	likely	ADJ
cblr-14249	234	24	to	to	PART
cblr-14249	234	25	have	have	VERB
cblr-14249	234	26	adverse	adverse	ADJ
cblr-14249	234	27	competitive	competitive	ADJ
cblr-14249	234	28	effects	effect	NOUN
cblr-14249	234	29	if	if	SCONJ
cblr-14249	234	30	it	it	PRON
cblr-14249	234	31	occurs	occur	VERB
cblr-14249	234	32	in	in	ADP
cblr-14249	234	33	a	a	DET
cblr-14249	234	34	concentrated	concentrated	ADJ
cblr-14249	234	35	market	market	NOUN
cblr-14249	234	36	and	and	CCONJ
cblr-14249	234	37	makes	make	VERB
cblr-14249	234	38	that	that	DET
cblr-14249	234	39	market	market	NOUN
cblr-14249	234	40	more	more	ADV
cblr-14249	234	41	concentrated	concentrated	ADJ
cblr-14249	234	42	.	.	PUNCT
cblr-14249	235	1	”40	”40	NOUN
cblr-14249	235	2	those	those	DET
cblr-14249	235	3	26	26	NUM
cblr-14249	235	4	economists	economist	NOUN
cblr-14249	235	5	from	from	ADP
cblr-14249	235	6	multiple	multiple	ADJ
cblr-14249	235	7	parties	party	NOUN
cblr-14249	235	8	apply	apply	VERB
cblr-14249	235	9	basic	basic	ADJ
cblr-14249	235	10	statistical	statistical	ADJ
cblr-14249	235	11	principles	principle	NOUN
cblr-14249	235	12	distinguishing	distinguish	VERB
cblr-14249	235	13	between	between	ADP
cblr-14249	235	14	the	the	DET
cblr-14249	235	15	variables	variable	NOUN
cblr-14249	235	16	being	be	AUX
cblr-14249	235	17	analyzed	analyze	VERB
cblr-14249	235	18	.	.	PUNCT
cblr-14249	236	1	i	i	PRON
cblr-14249	236	2	think	think	VERB
cblr-14249	236	3	it	it	PRON
cblr-14249	236	4	is	be	AUX
cblr-14249	236	5	the	the	DET
cblr-14249	236	6	more	more	ADV
cblr-14249	236	7	persuasive	persuasive	ADJ
cblr-14249	236	8	account	account	NOUN
cblr-14249	236	9	.	.	PUNCT
cblr-14249	237	1	and	and	CCONJ
cblr-14249	237	2	it	it	PRON
cblr-14249	237	3	’s	’	VERB
cblr-14249	237	4	not	not	PART
cblr-14249	237	5	just	just	ADV
cblr-14249	237	6	that	that	SCONJ
cblr-14249	237	7	the	the	DET
cblr-14249	237	8	structural	structural	ADJ
cblr-14249	237	9	presumption	presumption	NOUN
cblr-14249	237	10	remains	remain	VERB
cblr-14249	237	11	strong	strong	ADJ
cblr-14249	237	12	as	as	ADP
cblr-14249	237	13	a	a	DET
cblr-14249	237	14	theoretical	theoretical	ADJ
cblr-14249	237	15	economic	economic	ADJ
cblr-14249	237	16	principle	principle	NOUN
cblr-14249	237	17	.	.	PUNCT
cblr-14249	238	1	the	the	DET
cblr-14249	238	2	empirical	empirical	ADJ
cblr-14249	238	3	economic	economic	ADJ
cblr-14249	238	4	support	support	NOUN
cblr-14249	238	5	has	have	AUX
cblr-14249	238	6	hardly	hardly	ADV
cblr-14249	238	7	been	be	AUX
cblr-14249	238	8	in	in	ADP
cblr-14249	238	9	a	a	DET
cblr-14249	238	10	time	time	NOUN
cblr-14249	238	11	capsule	capsule	NOUN
cblr-14249	238	12	either	either	ADV
cblr-14249	238	13	.	.	PUNCT
cblr-14249	239	1	many	many	ADJ
cblr-14249	239	2	recent	recent	ADJ
cblr-14249	239	3	merger	merger	NOUN
cblr-14249	239	4	retrospectives	retrospective	NOUN
cblr-14249	239	5	link	link	VERB
cblr-14249	239	6	merger	merger	NOUN
cblr-14249	239	7	-	-	PUNCT
cblr-14249	239	8	induced	induce	VERB
cblr-14249	239	9	concentration	concentration	NOUN
cblr-14249	239	10	increases	increase	NOUN
cblr-14249	239	11	to	to	PART
cblr-14249	239	12	observed	observe	VERB
cblr-14249	239	13	post	post	ADJ
cblr-14249	239	14	-	-	ADJ
cblr-14249	239	15	merger	merger	ADJ
cblr-14249	239	16	anticompetitive	anticompetitive	ADJ
cblr-14249	239	17	effects	effect	NOUN
cblr-14249	239	18	,	,	PUNCT
cblr-14249	239	19	such	such	ADJ
cblr-14249	239	20	as	as	ADP
cblr-14249	239	21	increased	increase	VERB
cblr-14249	239	22	prices	price	NOUN
cblr-14249	239	23	and	and	CCONJ
cblr-14249	239	24	decreased	decrease	VERB
cblr-14249	239	25	product	product	NOUN
cblr-14249	239	26	availability	availability	NOUN
cblr-14249	239	27	.	.	PUNCT
cblr-14249	240	1	works	work	NOUN
cblr-14249	240	2	by	by	ADP
cblr-14249	240	3	bhattacharya	bhattacharya	PROPN
cblr-14249	240	4	et	et	PROPN
cblr-14249	240	5	al	al	PROPN
cblr-14249	240	6	.	.	PROPN
cblr-14249	240	7	,	,	PUNCT
cblr-14249	240	8	hosken	hosken	VERB
cblr-14249	240	9	et	et	PROPN
cblr-14249	240	10	al	al	PROPN
cblr-14249	240	11	.	.	PROPN
cblr-14249	240	12	,	,	PUNCT
cblr-14249	240	13	koch	koch	PROPN
cblr-14249	240	14	et	et	PROPN
cblr-14249	240	15	al	al	PROPN
cblr-14249	240	16	.	.	PROPN
cblr-14249	240	17	,	,	PUNCT
cblr-14249	240	18	dafny	dafny	PROPN
cblr-14249	240	19	et	et	PROPN
cblr-14249	240	20	al	al	PROPN
cblr-14249	240	21	.	.	PROPN
cblr-14249	240	22	,	,	PUNCT
cblr-14249	240	23	and	and	CCONJ
cblr-14249	240	24	many	many	ADJ
cblr-14249	240	25	others	other	NOUN
cblr-14249	240	26	suggests	suggest	VERB
cblr-14249	240	27	a	a	DET
cblr-14249	240	28	strong	strong	ADJ
cblr-14249	240	29	empirical	empirical	ADJ
cblr-14249	240	30	relationship	relationship	NOUN
cblr-14249	240	31	between	between	ADP
cblr-14249	240	32	mergerinduced	mergerinduce	VERB
cblr-14249	240	33	changes	change	NOUN
cblr-14249	240	34	in	in	ADP
cblr-14249	240	35	concentration	concentration	NOUN
cblr-14249	240	36	and	and	CCONJ
cblr-14249	240	37	higher	high	ADJ
cblr-14249	240	38	prices.41	prices.41	NOUN
cblr-14249	240	39	those	those	DET
cblr-14249	240	40	39	39	NUM
cblr-14249	240	41	see	see	VERB
cblr-14249	240	42	nathan	nathan	PROPN
cblr-14249	240	43	miller	miller	PROPN
cblr-14249	240	44	et	et	PROPN
cblr-14249	240	45	al	al	PROPN
cblr-14249	240	46	.	.	PROPN
cblr-14249	240	47	,	,	PUNCT
cblr-14249	240	48	on	on	ADP
cblr-14249	240	49	the	the	DET
cblr-14249	240	50	misuse	misuse	NOUN
cblr-14249	240	51	of	of	ADP
cblr-14249	240	52	regressions	regression	NOUN
cblr-14249	240	53	of	of	ADP
cblr-14249	240	54	price	price	NOUN
cblr-14249	240	55	on	on	ADP
cblr-14249	240	56	the	the	DET
cblr-14249	240	57	hhi	hhi	NOUN
cblr-14249	240	58	in	in	ADP
cblr-14249	240	59	merger	merger	NOUN
cblr-14249	240	60	review	review	NOUN
cblr-14249	240	61	,	,	PUNCT
cblr-14249	240	62	10	10	NUM
cblr-14249	240	63	j.	j.	PROPN
cblr-14249	240	64	antitrust	antitrust	ADJ
cblr-14249	240	65	enf’t	enf’t	NUM
cblr-14249	240	66	248	248	NUM
cblr-14249	240	67	(	(	PUNCT
cblr-14249	240	68	2022	2022	NUM
cblr-14249	240	69	)	)	PUNCT
cblr-14249	240	70	.	.	PUNCT
cblr-14249	241	1	40	40	NUM
cblr-14249	242	1	i	i	PRON
cblr-14249	242	2	d.	d.	PROPN
cblr-14249	242	3	at	at	ADP
cblr-14249	242	4	249	249	NUM
cblr-14249	242	5	.	.	PUNCT
cblr-14249	243	1	41	41	NUM
cblr-14249	243	2	see	see	VERB
cblr-14249	243	3	,	,	PUNCT
cblr-14249	243	4	e.g.	e.g.	ADV
cblr-14249	243	5	,	,	PUNCT
cblr-14249	243	6	vivek	vivek	PROPN
cblr-14249	243	7	bhattacharya	bhattacharya	PROPN
cblr-14249	243	8	,	,	PUNCT
cblr-14249	243	9	gaston	gaston	PROPN
cblr-14249	243	10	illanes	illanes	PROPN
cblr-14249	243	11	&	&	CCONJ
cblr-14249	243	12	david	david	PROPN
cblr-14249	243	13	stillerman	stillerman	PROPN
cblr-14249	243	14	,	,	PUNCT
cblr-14249	243	15	merger	merger	NOUN
cblr-14249	243	16	effects	effect	NOUN
cblr-14249	243	17	and	and	CCONJ
cblr-14249	243	18	antitrust	antitrust	ADJ
cblr-14249	243	19	enforcement	enforcement	NOUN
cblr-14249	243	20	:	:	PUNCT
cblr-14249	243	21	evidence	evidence	NOUN
cblr-14249	243	22	from	from	ADP
cblr-14249	243	23	us	us	PROPN
cblr-14249	243	24	consumer	consumer	NOUN
cblr-14249	243	25	packaged	package	VERB
cblr-14249	243	26	goods	good	NOUN
cblr-14249	243	27	(	(	PUNCT
cblr-14249	243	28	nat’l	nat’l	NUM
cblr-14249	243	29	bureau	bureau	PROPN
cblr-14249	243	30	of	of	ADP
cblr-14249	243	31	econ	econ	PROPN
cblr-14249	243	32	.	.	PUNCT
cblr-14249	244	1	rsch	rsch	PROPN
cblr-14249	244	2	.	.	PUNCT
cblr-14249	244	3	,	,	PUNCT
cblr-14249	244	4	working	work	VERB
cblr-14249	244	5	paper	paper	NOUN
cblr-14249	244	6	no	no	NOUN
cblr-14249	244	7	.	.	PROPN
cblr-14249	244	8	31123	31123	NUM
cblr-14249	244	9	,	,	PUNCT
cblr-14249	244	10	2023	2023	NUM
cblr-14249	244	11	)	)	PUNCT
cblr-14249	244	12	,	,	PUNCT
cblr-14249	244	13	https://www.nber.org/papers/w31123	https://www.nber.org/papers/w31123	NOUN
cblr-14249	244	14	116	116	NUM
cblr-14249	244	15	columbia	columbia	PROPN
cblr-14249	244	16	business	business	NOUN
cblr-14249	244	17	law	law	PROPN
cblr-14249	244	18	review	review	NOUN
cblr-14249	245	1	[	[	X
cblr-14249	245	2	vol	vol	NOUN
cblr-14249	245	3	.	.	PUNCT
cblr-14249	245	4	2025	2025	NUM
cblr-14249	245	5	studies	study	NOUN
cblr-14249	245	6	cover	cover	VERB
cblr-14249	245	7	a	a	DET
cblr-14249	245	8	wide	wide	ADJ
cblr-14249	245	9	range	range	NOUN
cblr-14249	245	10	of	of	ADP
cblr-14249	245	11	markets	market	NOUN
cblr-14249	245	12	including	include	VERB
cblr-14249	245	13	consumer	consumer	NOUN
cblr-14249	245	14	packaged	package	VERB
cblr-14249	245	15	goods,42	goods,42	NOUN
cblr-14249	245	16	grocery	grocery	NOUN
cblr-14249	245	17	stores,43	stores,43	VERB
cblr-14249	245	18	hospitals	hospital	NOUN
cblr-14249	245	19	and	and	CCONJ
cblr-14249	245	20	health	health	NOUN
cblr-14249	245	21	care	care	NOUN
cblr-14249	245	22	[	[	X
cblr-14249	245	23	https://perma.cc/uqh9-5lbz	https://perma.cc/uqh9-5lbz	NOUN
cblr-14249	245	24	]	]	PUNCT
cblr-14249	245	25	;	;	PUNCT
cblr-14249	245	26	daniel	daniel	PROPN
cblr-14249	245	27	hosken	hosken	PROPN
cblr-14249	245	28	,	,	PUNCT
cblr-14249	245	29	luke	luke	PROPN
cblr-14249	245	30	olson	olson	PROPN
cblr-14249	245	31	,	,	PUNCT
cblr-14249	245	32	&	&	CCONJ
cblr-14249	245	33	loren	loren	PROPN
cblr-14249	245	34	smith	smith	PROPN
cblr-14249	245	35	,	,	PUNCT
cblr-14249	245	36	do	do	AUX
cblr-14249	245	37	retail	retail	ADJ
cblr-14249	245	38	mergers	merger	NOUN
cblr-14249	245	39	affect	affect	VERB
cblr-14249	245	40	competition	competition	NOUN
cblr-14249	245	41	?	?	PUNCT
cblr-14249	246	1	evidence	evidence	NOUN
cblr-14249	246	2	from	from	ADP
cblr-14249	246	3	grocery	grocery	NOUN
cblr-14249	246	4	retailing	retailing	NOUN
cblr-14249	246	5	,	,	PUNCT
cblr-14249	246	6	27	27	NUM
cblr-14249	246	7	j.	j.	PROPN
cblr-14249	246	8	econ	econ	PROPN
cblr-14249	246	9	.	.	PROPN
cblr-14249	246	10	&	&	CCONJ
cblr-14249	246	11	mgmt	mgmt	PROPN
cblr-14249	246	12	.	.	PUNCT
cblr-14249	247	1	strategy	strategy	NOUN
cblr-14249	247	2	3	3	NUM
cblr-14249	247	3	(	(	PUNCT
cblr-14249	247	4	2018	2018	NUM
cblr-14249	247	5	)	)	PUNCT
cblr-14249	247	6	;	;	PUNCT
cblr-14249	247	7	thomas	thomas	PROPN
cblr-14249	247	8	koch	koch	PROPN
cblr-14249	247	9	&	&	CCONJ
cblr-14249	247	10	shawn	shawn	PROPN
cblr-14249	247	11	w.	w.	PROPN
cblr-14249	247	12	ulrick	ulrick	PROPN
cblr-14249	247	13	,	,	PUNCT
cblr-14249	247	14	price	price	NOUN
cblr-14249	247	15	effects	effect	NOUN
cblr-14249	247	16	of	of	ADP
cblr-14249	247	17	a	a	DET
cblr-14249	247	18	merger	merger	NOUN
cblr-14249	247	19	:	:	PUNCT
cblr-14249	247	20	evidence	evidence	NOUN
cblr-14249	247	21	from	from	ADP
cblr-14249	247	22	a	a	DET
cblr-14249	247	23	physicians	physician	NOUN
cblr-14249	247	24	’	'	PUNCT
cblr-14249	247	25	market	market	NOUN
cblr-14249	247	26	,	,	PUNCT
cblr-14249	247	27	59	59	NUM
cblr-14249	247	28	econ	econ	NOUN
cblr-14249	247	29	.	.	PUNCT
cblr-14249	248	1	inquiry	inquiry	NOUN
cblr-14249	248	2	567	567	NUM
cblr-14249	248	3	(	(	PUNCT
cblr-14249	248	4	2021	2021	NUM
cblr-14249	248	5	)	)	PUNCT
cblr-14249	248	6	;	;	PUNCT
cblr-14249	248	7	leemore	leemore	ADJ
cblr-14249	248	8	dafny	dafny	NOUN
cblr-14249	248	9	,	,	PUNCT
cblr-14249	248	10	mark	mark	PROPN
cblr-14249	248	11	duggan	duggan	PROPN
cblr-14249	248	12	&	&	CCONJ
cblr-14249	248	13	subramaniam	subramaniam	PROPN
cblr-14249	248	14	ramanarayanan	ramanarayanan	PROPN
cblr-14249	248	15	,	,	PUNCT
cblr-14249	248	16	paying	pay	VERB
cblr-14249	248	17	a	a	DET
cblr-14249	248	18	premium	premium	NOUN
cblr-14249	248	19	on	on	ADP
cblr-14249	248	20	your	your	PRON
cblr-14249	248	21	premium	premium	NOUN
cblr-14249	248	22	?	?	PUNCT
cblr-14249	249	1	consolidation	consolidation	NOUN
cblr-14249	249	2	in	in	ADP
cblr-14249	249	3	the	the	DET
cblr-14249	249	4	us	us	PROPN
cblr-14249	249	5	health	health	NOUN
cblr-14249	249	6	insurance	insurance	NOUN
cblr-14249	249	7	industry	industry	NOUN
cblr-14249	249	8	,	,	PUNCT
cblr-14249	249	9	102	102	NUM
cblr-14249	249	10	am	am	NOUN
cblr-14249	249	11	.	.	PUNCT
cblr-14249	250	1	econ	econ	PROPN
cblr-14249	250	2	.	.	PUNCT
cblr-14249	251	1	rev	rev	PROPN
cblr-14249	251	2	.	.	PROPN
cblr-14249	251	3	1161	1161	NUM
cblr-14249	251	4	(	(	PUNCT
cblr-14249	251	5	2012	2012	NUM
cblr-14249	251	6	)	)	PUNCT
cblr-14249	251	7	.	.	PUNCT
cblr-14249	252	1	42	42	NUM
cblr-14249	252	2	bhattacharya	bhattacharya	VERB
cblr-14249	252	3	et	et	PROPN
cblr-14249	252	4	al	al	PROPN
cblr-14249	252	5	.	.	PROPN
cblr-14249	252	6	,	,	PUNCT
cblr-14249	252	7	supra	supra	PROPN
cblr-14249	252	8	note	note	VERB
cblr-14249	252	9	41	41	NUM
cblr-14249	252	10	(	(	PUNCT
cblr-14249	252	11	studying	study	VERB
cblr-14249	252	12	50	50	NUM
cblr-14249	252	13	mergers	merger	NOUN
cblr-14249	252	14	in	in	ADP
cblr-14249	252	15	the	the	DET
cblr-14249	252	16	consumer	consumer	NOUN
cblr-14249	252	17	packaged	package	VERB
cblr-14249	252	18	goods	good	NOUN
cblr-14249	252	19	industry	industry	NOUN
cblr-14249	252	20	and	and	CCONJ
cblr-14249	252	21	finding	find	VERB
cblr-14249	252	22	that	that	SCONJ
cblr-14249	252	23	these	these	DET
cblr-14249	252	24	mergers	merger	NOUN
cblr-14249	252	25	raised	raise	VERB
cblr-14249	252	26	prices	price	NOUN
cblr-14249	252	27	by	by	ADP
cblr-14249	252	28	1.5	1.5	NUM
cblr-14249	252	29	percent	percent	NOUN
cblr-14249	252	30	and	and	CCONJ
cblr-14249	252	31	decreased	decrease	VERB
cblr-14249	252	32	quantities	quantity	NOUN
cblr-14249	252	33	sold	sell	VERB
cblr-14249	252	34	by	by	ADP
cblr-14249	252	35	2.3	2.3	NUM
cblr-14249	252	36	percent	percent	NOUN
cblr-14249	252	37	,	,	PUNCT
cblr-14249	252	38	on	on	ADP
cblr-14249	252	39	average	average	ADJ
cblr-14249	252	40	)	)	PUNCT
cblr-14249	252	41	.	.	PUNCT
cblr-14249	253	1	43	43	NUM
cblr-14249	253	2	hosken	hosken	VERB
cblr-14249	253	3	et	et	PROPN
cblr-14249	253	4	al	al	PROPN
cblr-14249	253	5	.	.	PROPN
cblr-14249	253	6	,	,	PUNCT
cblr-14249	253	7	supra	supra	PROPN
cblr-14249	253	8	note	note	VERB
cblr-14249	253	9	41	41	NUM
cblr-14249	253	10	(	(	PUNCT
cblr-14249	253	11	finding	find	VERB
cblr-14249	253	12	that	that	SCONJ
cblr-14249	253	13	the	the	DET
cblr-14249	253	14	majority	majority	NOUN
cblr-14249	253	15	of	of	ADP
cblr-14249	253	16	grocery	grocery	NOUN
cblr-14249	253	17	mergers	merger	NOUN
cblr-14249	253	18	in	in	ADP
cblr-14249	253	19	highly	highly	ADV
cblr-14249	253	20	concentrated	concentrate	VERB
cblr-14249	253	21	markets	market	NOUN
cblr-14249	253	22	resulting	result	VERB
cblr-14249	253	23	in	in	ADP
cblr-14249	253	24	price	price	NOUN
cblr-14249	253	25	increases	increase	NOUN
cblr-14249	253	26	of	of	ADP
cblr-14249	253	27	more	more	ADJ
cblr-14249	253	28	than	than	ADP
cblr-14249	253	29	2	2	NUM
cblr-14249	253	30	percent	percent	NOUN
cblr-14249	253	31	)	)	PUNCT
cblr-14249	253	32	.	.	PUNCT
cblr-14249	254	1	no	no	INTJ
cblr-14249	254	2	.	.	NOUN
cblr-14249	255	1	1	1	NUM
cblr-14249	255	2	]	]	X
cblr-14249	255	3	contemporary	contemporary	ADJ
cblr-14249	255	4	merger	merger	NOUN
cblr-14249	255	5	review	review	NOUN
cblr-14249	255	6	under	under	ADP
cblr-14249	255	7	the	the	DET
cblr-14249	255	8	rule	rule	NOUN
cblr-14249	255	9	of	of	ADP
cblr-14249	255	10	law	law	NOUN
cblr-14249	255	11	117	117	NUM
cblr-14249	255	12	providers,44	providers,44	NOUN
cblr-14249	255	13	health	health	NOUN
cblr-14249	255	14	insurers,45	insurers,45	NOUN
cblr-14249	255	15	and	and	CCONJ
cblr-14249	255	16	other	other	ADJ
cblr-14249	255	17	mergers	merger	NOUN
cblr-14249	255	18	in	in	ADP
cblr-14249	255	19	oligopoly	oligopoly	ADJ
cblr-14249	255	20	markets.46	markets.46	PROPN
cblr-14249	255	21	44	44	NUM
cblr-14249	255	22	koch	koch	PROPN
cblr-14249	255	23	&	&	CCONJ
cblr-14249	255	24	ulrick	ulrick	PROPN
cblr-14249	255	25	,	,	PUNCT
cblr-14249	255	26	supra	supra	PROPN
cblr-14249	255	27	note	note	NOUN
cblr-14249	255	28	41	41	NUM
cblr-14249	255	29	(	(	PUNCT
cblr-14249	255	30	concluding	conclude	VERB
cblr-14249	255	31	that	that	SCONJ
cblr-14249	255	32	a	a	DET
cblr-14249	255	33	merger	merger	NOUN
cblr-14249	255	34	of	of	ADP
cblr-14249	255	35	orthopedic	orthopedic	ADJ
cblr-14249	255	36	physicians	physician	NOUN
cblr-14249	255	37	’	'	PUNCT
cblr-14249	255	38	practices	practice	NOUN
cblr-14249	255	39	increased	increase	VERB
cblr-14249	255	40	prices	price	NOUN
cblr-14249	255	41	to	to	ADP
cblr-14249	255	42	some	some	DET
cblr-14249	255	43	payors	payor	NOUN
cblr-14249	255	44	by	by	ADP
cblr-14249	255	45	10	10	NUM
cblr-14249	255	46	to	to	PART
cblr-14249	255	47	20	20	NUM
cblr-14249	255	48	percent	percent	NOUN
cblr-14249	255	49	while	while	SCONJ
cblr-14249	255	50	prices	price	NOUN
cblr-14249	255	51	in	in	ADP
cblr-14249	255	52	nearby	nearby	ADJ
cblr-14249	255	53	areas	area	NOUN
cblr-14249	255	54	not	not	PART
cblr-14249	255	55	affected	affect	VERB
cblr-14249	255	56	by	by	ADP
cblr-14249	255	57	the	the	DET
cblr-14249	255	58	merger	merger	NOUN
cblr-14249	255	59	remained	remain	VERB
cblr-14249	255	60	unchanged	unchanged	ADJ
cblr-14249	255	61	)	)	PUNCT
cblr-14249	255	62	;	;	PUNCT
cblr-14249	255	63	zack	zack	PROPN
cblr-14249	255	64	cooper	cooper	PROPN
cblr-14249	255	65	et	et	PROPN
cblr-14249	255	66	al	al	PROPN
cblr-14249	255	67	.	.	PROPN
cblr-14249	255	68	,	,	PUNCT
cblr-14249	255	69	the	the	DET
cblr-14249	255	70	price	price	NOUN
cblr-14249	255	71	ai	ai	VERB
cblr-14249	255	72	n’t	not	PART
cblr-14249	255	73	right	right	ADJ
cblr-14249	255	74	?	?	PUNCT
cblr-14249	256	1	hospital	hospital	NOUN
cblr-14249	256	2	prices	price	NOUN
cblr-14249	256	3	and	and	CCONJ
cblr-14249	256	4	health	health	NOUN
cblr-14249	256	5	spending	spending	NOUN
cblr-14249	256	6	on	on	ADP
cblr-14249	256	7	the	the	DET
cblr-14249	256	8	privately	privately	ADV
cblr-14249	256	9	insured	insure	VERB
cblr-14249	256	10	,	,	PUNCT
cblr-14249	256	11	134	134	NUM
cblr-14249	256	12	q.j	q.j	PROPN
cblr-14249	256	13	.	.	PROPN
cblr-14249	256	14	econ	econ	PROPN
cblr-14249	256	15	.	.	PUNCT
cblr-14249	257	1	51	51	NUM
cblr-14249	257	2	(	(	PUNCT
cblr-14249	257	3	2019	2019	NUM
cblr-14249	257	4	)	)	PUNCT
cblr-14249	258	1	(	(	PUNCT
cblr-14249	258	2	examining	examine	VERB
cblr-14249	258	3	366	366	NUM
cblr-14249	258	4	hospital	hospital	NOUN
cblr-14249	258	5	mergers	merger	NOUN
cblr-14249	258	6	and	and	CCONJ
cblr-14249	258	7	finding	find	VERB
cblr-14249	258	8	that	that	SCONJ
cblr-14249	258	9	prices	price	NOUN
cblr-14249	258	10	increased	increase	VERB
cblr-14249	258	11	by	by	ADP
cblr-14249	258	12	over	over	ADP
cblr-14249	258	13	6	6	NUM
cblr-14249	258	14	percent	percent	NOUN
cblr-14249	258	15	when	when	SCONJ
cblr-14249	258	16	merging	merging	NOUN
cblr-14249	258	17	hospitals	hospital	NOUN
cblr-14249	258	18	were	be	AUX
cblr-14249	258	19	geographically	geographically	ADV
cblr-14249	258	20	close	close	ADJ
cblr-14249	258	21	)	)	PUNCT
cblr-14249	258	22	;	;	PUNCT
cblr-14249	258	23	elena	elena	PROPN
cblr-14249	258	24	prager	prager	PROPN
cblr-14249	258	25	&	&	CCONJ
cblr-14249	258	26	matt	matt	PROPN
cblr-14249	258	27	schmitt	schmitt	PROPN
cblr-14249	258	28	,	,	PUNCT
cblr-14249	258	29	employer	employer	NOUN
cblr-14249	258	30	consolidation	consolidation	NOUN
cblr-14249	258	31	and	and	CCONJ
cblr-14249	258	32	wages	wage	NOUN
cblr-14249	258	33	:	:	PUNCT
cblr-14249	258	34	evidence	evidence	NOUN
cblr-14249	258	35	from	from	ADP
cblr-14249	258	36	hospitals	hospital	NOUN
cblr-14249	258	37	,	,	PUNCT
cblr-14249	258	38	111	111	NUM
cblr-14249	258	39	am	am	NOUN
cblr-14249	258	40	.	.	PUNCT
cblr-14249	259	1	econ	econ	PROPN
cblr-14249	259	2	.	.	PUNCT
cblr-14249	260	1	rev	rev	PROPN
cblr-14249	260	2	.	.	PROPN
cblr-14249	260	3	397	397	NUM
cblr-14249	260	4	(	(	PUNCT
cblr-14249	260	5	2021	2021	NUM
cblr-14249	260	6	)	)	PUNCT
cblr-14249	260	7	(	(	PUNCT
cblr-14249	260	8	examining	examine	VERB
cblr-14249	260	9	hospital	hospital	NOUN
cblr-14249	260	10	mergers	merger	NOUN
cblr-14249	260	11	and	and	CCONJ
cblr-14249	260	12	finding	find	VERB
cblr-14249	260	13	reduced	reduce	VERB
cblr-14249	260	14	wage	wage	NOUN
cblr-14249	260	15	growth	growth	NOUN
cblr-14249	260	16	when	when	SCONJ
cblr-14249	260	17	merger	merger	NOUN
cblr-14249	260	18	significantly	significantly	ADV
cblr-14249	260	19	increases	increase	VERB
cblr-14249	260	20	concentration	concentration	NOUN
cblr-14249	260	21	)	)	PUNCT
cblr-14249	260	22	.	.	PUNCT
cblr-14249	261	1	45	45	NUM
cblr-14249	261	2	dafny	dafny	NOUN
cblr-14249	261	3	et	et	PROPN
cblr-14249	261	4	al	al	PROPN
cblr-14249	261	5	.	.	PROPN
cblr-14249	261	6	,	,	PUNCT
cblr-14249	261	7	supra	supra	PROPN
cblr-14249	261	8	note	note	VERB
cblr-14249	261	9	41	41	NUM
cblr-14249	261	10	(	(	PUNCT
cblr-14249	261	11	examining	examine	VERB
cblr-14249	261	12	healthcare	healthcare	NOUN
cblr-14249	261	13	mergers	merger	NOUN
cblr-14249	261	14	and	and	CCONJ
cblr-14249	261	15	finding	find	VERB
cblr-14249	261	16	the	the	DET
cblr-14249	261	17	mean	mean	ADJ
cblr-14249	261	18	increase	increase	NOUN
cblr-14249	261	19	in	in	ADP
cblr-14249	261	20	local	local	ADJ
cblr-14249	261	21	market	market	NOUN
cblr-14249	261	22	hhi	hhi	NOUN
cblr-14249	261	23	during	during	ADP
cblr-14249	261	24	the	the	DET
cblr-14249	261	25	studied	studied	ADJ
cblr-14249	261	26	period	period	NOUN
cblr-14249	261	27	raised	raise	VERB
cblr-14249	261	28	premiums	premium	NOUN
cblr-14249	261	29	by	by	ADP
cblr-14249	261	30	roughly	roughly	ADV
cblr-14249	261	31	7	7	NUM
cblr-14249	261	32	percent	percent	NOUN
cblr-14249	261	33	)	)	PUNCT
cblr-14249	261	34	.	.	PUNCT
cblr-14249	262	1	46	46	NUM
cblr-14249	262	2	see	see	VERB
cblr-14249	262	3	,	,	PUNCT
cblr-14249	262	4	e.g.	e.g.	ADV
cblr-14249	262	5	,	,	PUNCT
cblr-14249	262	6	john	john	PROPN
cblr-14249	262	7	e.	e.	PROPN
cblr-14249	262	8	kwoka	kwoka	PROPN
cblr-14249	262	9	,	,	PUNCT
cblr-14249	262	10	jr	jr	PROPN
cblr-14249	262	11	.	.	PROPN
cblr-14249	262	12	,	,	PUNCT
cblr-14249	262	13	mergers	merger	NOUN
cblr-14249	262	14	,	,	PUNCT
cblr-14249	262	15	merger	merger	NOUN
cblr-14249	262	16	control	control	NOUN
cblr-14249	262	17	,	,	PUNCT
cblr-14249	262	18	and	and	CCONJ
cblr-14249	262	19	remedies	remedy	VERB
cblr-14249	262	20	:	:	PUNCT
cblr-14249	262	21	a	a	DET
cblr-14249	262	22	retrospective	retrospective	ADJ
cblr-14249	262	23	analysis	analysis	NOUN
cblr-14249	262	24	of	of	ADP
cblr-14249	262	25	u.s	u.s	PROPN
cblr-14249	262	26	.	.	PROPN
cblr-14249	262	27	policy	policy	NOUN
cblr-14249	262	28	110–11	110–11	PROPN
cblr-14249	262	29	(	(	PUNCT
cblr-14249	262	30	2015	2015	NUM
cblr-14249	262	31	)	)	PUNCT
cblr-14249	262	32	(	(	PUNCT
cblr-14249	262	33	providing	provide	VERB
cblr-14249	262	34	a	a	DET
cblr-14249	262	35	meta	meta	ADJ
cblr-14249	262	36	-	-	PUNCT
cblr-14249	262	37	analysis	analysis	NOUN
cblr-14249	262	38	of	of	ADP
cblr-14249	262	39	retrospective	retrospective	ADJ
cblr-14249	262	40	literature	literature	NOUN
cblr-14249	262	41	,	,	PUNCT
cblr-14249	262	42	finding	find	VERB
cblr-14249	262	43	that	that	SCONJ
cblr-14249	262	44	more	more	ADJ
cblr-14249	262	45	than	than	ADP
cblr-14249	262	46	80	80	NUM
cblr-14249	262	47	percent	percent	NOUN
cblr-14249	262	48	of	of	ADP
cblr-14249	262	49	mergers	merger	NOUN
cblr-14249	262	50	resulted	result	VERB
cblr-14249	262	51	in	in	ADP
cblr-14249	262	52	price	price	NOUN
cblr-14249	262	53	increases	increase	NOUN
cblr-14249	262	54	and	and	CCONJ
cblr-14249	262	55	the	the	DET
cblr-14249	262	56	mean	mean	ADJ
cblr-14249	262	57	price	price	NOUN
cblr-14249	262	58	increase	increase	NOUN
cblr-14249	262	59	was	be	AUX
cblr-14249	262	60	5.88	5.88	NUM
cblr-14249	262	61	percent	percent	NOUN
cblr-14249	262	62	across	across	ADP
cblr-14249	262	63	all	all	DET
cblr-14249	262	64	studied	study	VERB
cblr-14249	262	65	transactions	transaction	NOUN
cblr-14249	262	66	)	)	PUNCT
cblr-14249	262	67	;	;	PUNCT
cblr-14249	262	68	orley	orley	ADJ
cblr-14249	262	69	c.	c.	PROPN
cblr-14249	262	70	ashenfelter	ashenfelter	PROPN
cblr-14249	262	71	,	,	PUNCT
cblr-14249	262	72	daniel	daniel	PROPN
cblr-14249	262	73	hosken	hosken	PROPN
cblr-14249	262	74	&	&	CCONJ
cblr-14249	262	75	matthew	matthew	PROPN
cblr-14249	262	76	c.	c.	PROPN
cblr-14249	262	77	weinberg	weinberg	PROPN
cblr-14249	262	78	,	,	PUNCT
cblr-14249	262	79	did	do	AUX
cblr-14249	262	80	robert	robert	PROPN
cblr-14249	262	81	bork	bork	PROPN
cblr-14249	262	82	understate	understate	VERB
cblr-14249	262	83	the	the	DET
cblr-14249	262	84	competitive	competitive	ADJ
cblr-14249	262	85	impact	impact	NOUN
cblr-14249	262	86	of	of	ADP
cblr-14249	262	87	mergers	merger	NOUN
cblr-14249	262	88	?	?	PUNCT
cblr-14249	263	1	evidence	evidence	NOUN
cblr-14249	263	2	from	from	ADP
cblr-14249	263	3	consummated	consummate	VERB
cblr-14249	263	4	mergers	merger	NOUN
cblr-14249	263	5	,	,	PUNCT
cblr-14249	263	6	57	57	NUM
cblr-14249	263	7	j.l	j.l	PROPN
cblr-14249	263	8	.	.	PROPN
cblr-14249	263	9	&	&	CCONJ
cblr-14249	263	10	econ	econ	PROPN
cblr-14249	263	11	.	.	PUNCT
cblr-14249	264	1	s67	s67	PROPN
cblr-14249	264	2	(	(	PUNCT
cblr-14249	264	3	2014	2014	NUM
cblr-14249	264	4	)	)	PUNCT
cblr-14249	264	5	(	(	PUNCT
cblr-14249	264	6	reviewing	review	VERB
cblr-14249	264	7	prior	prior	ADJ
cblr-14249	264	8	retrospectives	retrospective	NOUN
cblr-14249	264	9	and	and	CCONJ
cblr-14249	264	10	concluding	conclude	VERB
cblr-14249	264	11	that	that	SCONJ
cblr-14249	264	12	mergers	merger	NOUN
cblr-14249	264	13	in	in	ADP
cblr-14249	264	14	oligopolistic	oligopolistic	ADJ
cblr-14249	264	15	markets	market	NOUN
cblr-14249	264	16	can	can	AUX
cblr-14249	264	17	result	result	VERB
cblr-14249	264	18	in	in	ADP
cblr-14249	264	19	economically	economically	ADV
cblr-14249	264	20	meaningful	meaningful	ADJ
cblr-14249	264	21	price	price	NOUN
cblr-14249	264	22	increases	increase	NOUN
cblr-14249	264	23	,	,	PUNCT
cblr-14249	264	24	as	as	SCONJ
cblr-14249	264	25	36	36	NUM
cblr-14249	264	26	of	of	ADP
cblr-14249	264	27	the	the	DET
cblr-14249	264	28	49	49	NUM
cblr-14249	264	29	studies	study	NOUN
cblr-14249	264	30	found	find	VERB
cblr-14249	264	31	evidence	evidence	NOUN
cblr-14249	264	32	of	of	ADP
cblr-14249	264	33	merger	merger	NOUN
cblr-14249	264	34	induced	induce	VERB
cblr-14249	264	35	price	price	NOUN
cblr-14249	264	36	118	118	NUM
cblr-14249	264	37	columbia	columbia	PROPN
cblr-14249	264	38	business	business	NOUN
cblr-14249	264	39	law	law	PROPN
cblr-14249	264	40	review	review	NOUN
cblr-14249	264	41	[	[	X
cblr-14249	264	42	vol	vol	NOUN
cblr-14249	264	43	.	.	PUNCT
cblr-14249	264	44	2025	2025	NUM
cblr-14249	264	45	this	this	DET
cblr-14249	264	46	modern	modern	ADJ
cblr-14249	264	47	economic	economic	ADJ
cblr-14249	264	48	work	work	NOUN
cblr-14249	264	49	shows	show	VERB
cblr-14249	264	50	us	we	PRON
cblr-14249	264	51	that	that	SCONJ
cblr-14249	264	52	merger	merger	NOUN
cblr-14249	264	53	-	-	PUNCT
cblr-14249	264	54	induced	induce	VERB
cblr-14249	264	55	changes	change	NOUN
cblr-14249	264	56	in	in	ADP
cblr-14249	264	57	market	market	NOUN
cblr-14249	264	58	structure	structure	NOUN
cblr-14249	264	59	are	be	AUX
cblr-14249	264	60	a	a	DET
cblr-14249	264	61	reasonably	reasonably	ADV
cblr-14249	264	62	reliable	reliable	ADJ
cblr-14249	264	63	indicator	indicator	NOUN
cblr-14249	264	64	that	that	SCONJ
cblr-14249	264	65	a	a	DET
cblr-14249	264	66	merger	merger	NOUN
cblr-14249	264	67	will	will	AUX
cblr-14249	264	68	harm	harm	VERB
cblr-14249	264	69	americans	americans	PROPN
cblr-14249	264	70	’	'	PUNCT
cblr-14249	264	71	pocketbooks	pocketbook	NOUN
cblr-14249	264	72	.	.	PUNCT
cblr-14249	265	1	the	the	DET
cblr-14249	265	2	empirical	empirical	ADJ
cblr-14249	265	3	record	record	NOUN
cblr-14249	265	4	in	in	ADP
cblr-14249	265	5	support	support	NOUN
cblr-14249	265	6	of	of	ADP
cblr-14249	265	7	the	the	DET
cblr-14249	265	8	structural	structural	ADJ
cblr-14249	265	9	presumption	presumption	NOUN
cblr-14249	265	10	is	be	AUX
cblr-14249	265	11	stronger	strong	ADJ
cblr-14249	265	12	today	today	NOUN
cblr-14249	265	13	than	than	SCONJ
cblr-14249	265	14	it	it	PRON
cblr-14249	265	15	has	have	AUX
cblr-14249	265	16	ever	ever	ADV
cblr-14249	265	17	been.47	been.47	VERB
cblr-14249	265	18	its	its	PRON
cblr-14249	265	19	continued	continue	VERB
cblr-14249	265	20	increases	increase	NOUN
cblr-14249	265	21	)	)	PUNCT
cblr-14249	265	22	;	;	PUNCT
cblr-14249	265	23	orley	orley	ADJ
cblr-14249	265	24	ashenfelter	ashenfelter	NOUN
cblr-14249	265	25	&	&	CCONJ
cblr-14249	265	26	daniel	daniel	PROPN
cblr-14249	265	27	hosken	hosken	PROPN
cblr-14249	265	28	,	,	PUNCT
cblr-14249	265	29	the	the	DET
cblr-14249	265	30	effect	effect	NOUN
cblr-14249	265	31	of	of	ADP
cblr-14249	265	32	mergers	merger	NOUN
cblr-14249	265	33	on	on	ADP
cblr-14249	265	34	consumer	consumer	NOUN
cblr-14249	265	35	prices	price	NOUN
cblr-14249	265	36	:	:	PUNCT
cblr-14249	265	37	evidence	evidence	NOUN
cblr-14249	265	38	from	from	ADP
cblr-14249	265	39	five	five	NUM
cblr-14249	265	40	mergers	merger	NOUN
cblr-14249	265	41	on	on	ADP
cblr-14249	265	42	the	the	DET
cblr-14249	265	43	enforcement	enforcement	NOUN
cblr-14249	265	44	margin	margin	NOUN
cblr-14249	265	45	,	,	PUNCT
cblr-14249	265	46	53	53	NUM
cblr-14249	265	47	j.l	j.l	PROPN
cblr-14249	265	48	.	.	PROPN
cblr-14249	265	49	&	&	CCONJ
cblr-14249	265	50	econ	econ	PROPN
cblr-14249	265	51	.	.	PUNCT
cblr-14249	266	1	417	417	NUM
cblr-14249	266	2	(	(	PUNCT
cblr-14249	266	3	2010	2010	NUM
cblr-14249	266	4	)	)	PUNCT
cblr-14249	266	5	(	(	PUNCT
cblr-14249	266	6	examining	examine	VERB
cblr-14249	266	7	a	a	DET
cblr-14249	266	8	set	set	NOUN
cblr-14249	266	9	of	of	ADP
cblr-14249	266	10	mergers	merger	NOUN
cblr-14249	266	11	that	that	PRON
cblr-14249	266	12	were	be	AUX
cblr-14249	266	13	unchallenged	unchallenge	VERB
cblr-14249	266	14	by	by	ADP
cblr-14249	266	15	the	the	DET
cblr-14249	266	16	government	government	NOUN
cblr-14249	266	17	finding	find	VERB
cblr-14249	266	18	that	that	SCONJ
cblr-14249	266	19	the	the	DET
cblr-14249	266	20	majority	majority	NOUN
cblr-14249	266	21	resulted	result	VERB
cblr-14249	266	22	in	in	ADP
cblr-14249	266	23	a	a	DET
cblr-14249	266	24	significant	significant	ADJ
cblr-14249	266	25	increase	increase	NOUN
cblr-14249	266	26	in	in	ADP
cblr-14249	266	27	consumer	consumer	NOUN
cblr-14249	266	28	prices	price	NOUN
cblr-14249	266	29	in	in	ADP
cblr-14249	266	30	the	the	DET
cblr-14249	266	31	short	short	ADJ
cblr-14249	266	32	run	run	NOUN
cblr-14249	266	33	)	)	PUNCT
cblr-14249	266	34	.	.	PUNCT
cblr-14249	267	1	47	47	NUM
cblr-14249	267	2	see	see	VERB
cblr-14249	267	3	jonathan	jonathan	PROPN
cblr-14249	267	4	b.	b.	PROPN
cblr-14249	267	5	baker	baker	PROPN
cblr-14249	267	6	&	&	CCONJ
cblr-14249	267	7	joseph	joseph	PROPN
cblr-14249	267	8	farrell	farrell	PROPN
cblr-14249	267	9	,	,	PUNCT
cblr-14249	267	10	oligopoly	oligopoly	PROPN
cblr-14249	267	11	coordination	coordination	NOUN
cblr-14249	267	12	,	,	PUNCT
cblr-14249	267	13	economic	economic	ADJ
cblr-14249	267	14	analysis	analysis	NOUN
cblr-14249	267	15	,	,	PUNCT
cblr-14249	267	16	and	and	CCONJ
cblr-14249	267	17	the	the	DET
cblr-14249	267	18	prophylactic	prophylactic	ADJ
cblr-14249	267	19	role	role	NOUN
cblr-14249	267	20	of	of	ADP
cblr-14249	267	21	horizontal	horizontal	ADJ
cblr-14249	267	22	merger	merger	NOUN
cblr-14249	267	23	enforcement	enforcement	NOUN
cblr-14249	267	24	,	,	PUNCT
cblr-14249	267	25	168	168	NUM
cblr-14249	267	26	u.	u.	NOUN
cblr-14249	267	27	pa	pa	PROPN
cblr-14249	267	28	.	.	PUNCT
cblr-14249	267	29	l.	l.	PROPN
cblr-14249	267	30	rev	rev	PROPN
cblr-14249	267	31	.	.	PROPN
cblr-14249	267	32	1985	1985	NUM
cblr-14249	267	33	,	,	PUNCT
cblr-14249	267	34	1991	1991	NUM
cblr-14249	267	35	(	(	PUNCT
cblr-14249	267	36	2020	2020	NUM
cblr-14249	267	37	)	)	PUNCT
cblr-14249	267	38	(	(	PUNCT
cblr-14249	267	39	“	"	PUNCT
cblr-14249	267	40	[	[	X
cblr-14249	267	41	o]ne	o]ne	ADJ
cblr-14249	267	42	important	important	ADJ
cblr-14249	267	43	conclusion	conclusion	NOUN
cblr-14249	267	44	is	be	AUX
cblr-14249	267	45	straightforward	straightforward	ADJ
cblr-14249	267	46	.	.	PUNCT
cblr-14249	267	47	.	.	PUNCT
cblr-14249	267	48	.	.	PUNCT
cblr-14249	268	1	greater	great	ADJ
cblr-14249	268	2	concentration	concentration	NOUN
cblr-14249	268	3	can	can	AUX
cblr-14249	268	4	be	be	AUX
cblr-14249	268	5	expected	expect	VERB
cblr-14249	268	6	to	to	PART
cblr-14249	268	7	make	make	VERB
cblr-14249	268	8	coordination	coordination	NOUN
cblr-14249	268	9	more	more	ADV
cblr-14249	268	10	likely	likely	ADJ
cblr-14249	268	11	,	,	PUNCT
cblr-14249	268	12	stronger	strong	ADJ
cblr-14249	268	13	,	,	PUNCT
cblr-14249	268	14	or	or	CCONJ
cblr-14249	268	15	more	more	ADV
cblr-14249	268	16	effective	effective	ADJ
cblr-14249	268	17	.	.	PUNCT
cblr-14249	269	1	accordingly	accordingly	ADV
cblr-14249	269	2	,	,	PUNCT
cblr-14249	269	3	our	our	PRON
cblr-14249	269	4	analysis	analysis	NOUN
cblr-14249	269	5	supports	support	VERB
cblr-14249	269	6	a	a	DET
cblr-14249	269	7	structural	structural	ADJ
cblr-14249	269	8	merger	merger	NOUN
cblr-14249	269	9	policy	policy	NOUN
cblr-14249	269	10	,	,	PUNCT
cblr-14249	269	11	by	by	ADP
cblr-14249	269	12	which	which	PRON
cblr-14249	269	13	mergers	merger	NOUN
cblr-14249	269	14	between	between	ADP
cblr-14249	269	15	rivals	rival	NOUN
cblr-14249	269	16	that	that	PRON
cblr-14249	269	17	increase	increase	VERB
cblr-14249	269	18	concentration	concentration	NOUN
cblr-14249	269	19	significantly	significantly	ADV
cblr-14249	269	20	in	in	ADP
cblr-14249	269	21	a	a	DET
cblr-14249	269	22	concentrated	concentrated	ADJ
cblr-14249	269	23	market	market	NOUN
cblr-14249	269	24	are	be	AUX
cblr-14249	269	25	presumed	presume	VERB
cblr-14249	269	26	to	to	PART
cblr-14249	269	27	harm	harm	VERB
cblr-14249	269	28	competition	competition	NOUN
cblr-14249	269	29	.	.	PUNCT
cblr-14249	269	30	”	"	PUNCT
cblr-14249	269	31	)	)	PUNCT
cblr-14249	269	32	;	;	PUNCT
cblr-14249	269	33	volker	volker	NOUN
cblr-14249	269	34	nocke	nocke	PROPN
cblr-14249	269	35	&	&	CCONJ
cblr-14249	269	36	michael	michael	PROPN
cblr-14249	269	37	d.	d.	PROPN
cblr-14249	269	38	whinston	whinston	PROPN
cblr-14249	269	39	,	,	PUNCT
cblr-14249	269	40	concentration	concentration	NOUN
cblr-14249	269	41	thresholds	threshold	NOUN
cblr-14249	269	42	for	for	ADP
cblr-14249	269	43	horizontal	horizontal	ADJ
cblr-14249	269	44	mergers	merger	NOUN
cblr-14249	269	45	,	,	PUNCT
cblr-14249	269	46	112	112	NUM
cblr-14249	269	47	am	am	NOUN
cblr-14249	269	48	.	.	PUNCT
cblr-14249	270	1	econ	econ	AUX
cblr-14249	270	2	.	.	PUNCT
cblr-14249	270	3	rev	rev	PROPN
cblr-14249	270	4	.	.	PROPN
cblr-14249	270	5	1915	1915	NUM
cblr-14249	270	6	,	,	PUNCT
cblr-14249	270	7	1946	1946	NUM
cblr-14249	270	8	(	(	PUNCT
cblr-14249	270	9	2022	2022	NUM
cblr-14249	270	10	)	)	PUNCT
cblr-14249	270	11	(	(	PUNCT
cblr-14249	270	12	concluding	conclude	VERB
cblr-14249	270	13	that	that	SCONJ
cblr-14249	270	14	the	the	DET
cblr-14249	270	15	2010	2010	NUM
cblr-14249	270	16	horizontal	horizontal	ADJ
cblr-14249	270	17	merger	merger	NOUN
cblr-14249	270	18	guidelines	guideline	NOUN
cblr-14249	270	19	’	'	PUNCT
cblr-14249	270	20	structural	structural	ADJ
cblr-14249	270	21	presumption	presumption	NOUN
cblr-14249	270	22	thresholds	threshold	NOUN
cblr-14249	270	23	were	be	AUX
cblr-14249	270	24	likely	likely	ADV
cblr-14249	270	25	too	too	ADV
cblr-14249	270	26	lax	lax	ADJ
cblr-14249	270	27	to	to	PART
cblr-14249	270	28	prevent	prevent	VERB
cblr-14249	270	29	consumer	consumer	NOUN
cblr-14249	270	30	harm	harm	NOUN
cblr-14249	270	31	from	from	ADP
cblr-14249	270	32	unilateral	unilateral	ADJ
cblr-14249	270	33	price	price	NOUN
cblr-14249	270	34	effects	effect	NOUN
cblr-14249	270	35	)	)	PUNCT
cblr-14249	270	36	;	;	PUNCT
cblr-14249	270	37	simon	simon	PROPN
cblr-14249	270	38	loertscher	loertscher	PROPN
cblr-14249	270	39	&	&	CCONJ
cblr-14249	270	40	leslie	leslie	PROPN
cblr-14249	270	41	m.	m.	PROPN
cblr-14249	270	42	marx	marx	PROPN
cblr-14249	270	43	,	,	PUNCT
cblr-14249	270	44	coordinated	coordinated	ADJ
cblr-14249	270	45	effects	effect	NOUN
cblr-14249	270	46	in	in	ADP
cblr-14249	270	47	merger	merger	NOUN
cblr-14249	270	48	review	review	NOUN
cblr-14249	270	49	,	,	PUNCT
cblr-14249	270	50	64	64	NUM
cblr-14249	270	51	j.l	j.l	PROPN
cblr-14249	270	52	.	.	PROPN
cblr-14249	270	53	&	&	CCONJ
cblr-14249	270	54	econ	econ	PROPN
cblr-14249	270	55	.	.	PUNCT
cblr-14249	271	1	705	705	NUM
cblr-14249	271	2	(	(	PUNCT
cblr-14249	271	3	2021	2021	NUM
cblr-14249	271	4	)	)	PUNCT
cblr-14249	271	5	;	;	PUNCT
cblr-14249	271	6	see	see	VERB
cblr-14249	271	7	also	also	ADV
cblr-14249	271	8	steven	steven	PROPN
cblr-14249	271	9	c.	c.	PROPN
cblr-14249	271	10	salop	salop	PROPN
cblr-14249	271	11	,	,	PUNCT
cblr-14249	271	12	the	the	DET
cblr-14249	271	13	evolution	evolution	NOUN
cblr-14249	271	14	and	and	CCONJ
cblr-14249	271	15	vitality	vitality	NOUN
cblr-14249	271	16	of	of	ADP
cblr-14249	271	17	merger	merger	NOUN
cblr-14249	271	18	presumptions	presumption	NOUN
cblr-14249	271	19	:	:	PUNCT
cblr-14249	271	20	a	a	DET
cblr-14249	271	21	decision	decision	NOUN
cblr-14249	271	22	-	-	PUNCT
cblr-14249	271	23	theoretic	theoretic	NOUN
cblr-14249	271	24	approach	approach	NOUN
cblr-14249	271	25	,	,	PUNCT
cblr-14249	271	26	80	80	NUM
cblr-14249	271	27	antitrust	antitrust	ADJ
cblr-14249	271	28	l.j	l.j	PROPN
cblr-14249	271	29	.	.	PROPN
cblr-14249	271	30	269	269	NUM
cblr-14249	271	31	,	,	PUNCT
cblr-14249	271	32	276–78	276–78	NUM
cblr-14249	271	33	(	(	PUNCT
cblr-14249	271	34	2015	2015	NUM
cblr-14249	271	35	)	)	PUNCT
cblr-14249	271	36	(	(	PUNCT
cblr-14249	271	37	proposing	propose	VERB
cblr-14249	271	38	that	that	SCONJ
cblr-14249	271	39	there	there	PRON
cblr-14249	271	40	is	be	VERB
cblr-14249	271	41	a	a	DET
cblr-14249	271	42	“	"	PUNCT
cblr-14249	271	43	moderate	moderate	ADJ
cblr-14249	271	44	rebuttable	rebuttable	ADJ
cblr-14249	271	45	presumption	presumption	NOUN
cblr-14249	271	46	that	that	SCONJ
cblr-14249	271	47	a	a	DET
cblr-14249	271	48	no	no	NOUN
cblr-14249	271	49	.	.	NOUN
cblr-14249	271	50	1	1	NUM
cblr-14249	271	51	]	]	X
cblr-14249	271	52	contemporary	contemporary	ADJ
cblr-14249	271	53	merger	merger	NOUN
cblr-14249	271	54	review	review	NOUN
cblr-14249	271	55	under	under	ADP
cblr-14249	271	56	the	the	DET
cblr-14249	271	57	rule	rule	NOUN
cblr-14249	271	58	of	of	ADP
cblr-14249	271	59	law	law	NOUN
cblr-14249	271	60	119	119	NUM
cblr-14249	271	61	economic	economic	ADJ
cblr-14249	271	62	support	support	NOUN
cblr-14249	271	63	is	be	AUX
cblr-14249	271	64	recognized	recognize	VERB
cblr-14249	271	65	by	by	ADP
cblr-14249	271	66	a	a	DET
cblr-14249	271	67	wide	wide	ADJ
cblr-14249	271	68	range	range	NOUN
cblr-14249	271	69	of	of	ADP
cblr-14249	271	70	serious	serious	ADJ
cblr-14249	271	71	academics	academic	NOUN
cblr-14249	271	72	and	and	CCONJ
cblr-14249	271	73	drove	drive	VERB
cblr-14249	271	74	the	the	DET
cblr-14249	271	75	canadian	canadian	ADJ
cblr-14249	271	76	parliament	parliament	NOUN
cblr-14249	271	77	just	just	ADV
cblr-14249	271	78	last	last	ADJ
cblr-14249	271	79	year	year	NOUN
cblr-14249	271	80	to	to	PART
cblr-14249	271	81	codify	codify	VERB
cblr-14249	271	82	a	a	DET
cblr-14249	271	83	structural	structural	ADJ
cblr-14249	271	84	presumption	presumption	NOUN
cblr-14249	271	85	into	into	ADP
cblr-14249	271	86	their	their	PRON
cblr-14249	271	87	merger	merger	NOUN
cblr-14249	271	88	review	review	NOUN
cblr-14249	271	89	regime.48	regime.48	NOUN
cblr-14249	271	90	so	so	ADV
cblr-14249	271	91	,	,	PUNCT
cblr-14249	271	92	we	we	PRON
cblr-14249	271	93	translate	translate	VERB
cblr-14249	271	94	the	the	DET
cblr-14249	271	95	structural	structural	ADJ
cblr-14249	271	96	presumption	presumption	NOUN
cblr-14249	271	97	in	in	ADP
cblr-14249	271	98	philadelphia	philadelphia	PROPN
cblr-14249	271	99	national	national	PROPN
cblr-14249	271	100	bank	bank	PROPN
cblr-14249	271	101	into	into	ADP
cblr-14249	271	102	modern	modern	ADJ
cblr-14249	271	103	antitrust	antitrust	ADJ
cblr-14249	271	104	analysis	analysis	NOUN
cblr-14249	271	105	by	by	ADP
cblr-14249	271	106	recognizing	recognize	VERB
cblr-14249	271	107	it	it	PRON
cblr-14249	271	108	is	be	AUX
cblr-14249	271	109	a	a	DET
cblr-14249	271	110	sufficiently	sufficiently	ADV
cblr-14249	271	111	reliable	reliable	ADJ
cblr-14249	271	112	indicator	indicator	NOUN
cblr-14249	271	113	to	to	PART
cblr-14249	271	114	demonstrate	demonstrate	VERB
cblr-14249	271	115	a	a	DET
cblr-14249	271	116	prima	prima	NOUN
cblr-14249	271	117	facie	facie	NOUN
cblr-14249	271	118	case	case	NOUN
cblr-14249	271	119	that	that	SCONJ
cblr-14249	271	120	a	a	DET
cblr-14249	271	121	merger	merger	NOUN
cblr-14249	271	122	’s	’s	PART
cblr-14249	271	123	effect	effect	NOUN
cblr-14249	271	124	“	"	PUNCT
cblr-14249	271	125	may	may	AUX
cblr-14249	271	126	be	be	AUX
cblr-14249	271	127	”	"	PUNCT
cblr-14249	271	128	to	to	PART
cblr-14249	271	129	substantially	substantially	ADV
cblr-14249	271	130	lessen	lessen	VERB
cblr-14249	271	131	competition	competition	NOUN
cblr-14249	271	132	in	in	ADP
cblr-14249	271	133	the	the	DET
cblr-14249	271	134	elimination	elimination	NOUN
cblr-14249	271	135	of	of	ADP
cblr-14249	271	136	headto	headto	PROPN
cblr-14249	271	137	-	-	PUNCT
cblr-14249	271	138	head	head	NOUN
cblr-14249	271	139	competition	competition	NOUN
cblr-14249	271	140	and	and	CCONJ
cblr-14249	271	141	the	the	DET
cblr-14249	271	142	enablement	enablement	NOUN
cblr-14249	271	143	of	of	ADP
cblr-14249	271	144	oligopoly	oligopoly	ADJ
cblr-14249	271	145	coordination	coordination	NOUN
cblr-14249	271	146	.	.	PUNCT
cblr-14249	272	1	the	the	DET
cblr-14249	272	2	structural	structural	ADJ
cblr-14249	272	3	presumption	presumption	NOUN
cblr-14249	272	4	demonstrates	demonstrate	VERB
cblr-14249	272	5	a	a	DET
cblr-14249	272	6	reasonable	reasonable	ADJ
cblr-14249	272	7	probability	probability	NOUN
cblr-14249	272	8	of	of	ADP
cblr-14249	272	9	higher	high	ADJ
cblr-14249	272	10	prices	price	NOUN
cblr-14249	272	11	,	,	PUNCT
cblr-14249	272	12	lower	low	ADJ
cblr-14249	272	13	quality	quality	NOUN
cblr-14249	272	14	,	,	PUNCT
cblr-14249	272	15	or	or	CCONJ
cblr-14249	272	16	diminished	diminish	VERB
cblr-14249	272	17	innovation	innovation	NOUN
cblr-14249	272	18	.	.	PUNCT
cblr-14249	273	1	all	all	PRON
cblr-14249	273	2	of	of	ADP
cblr-14249	273	3	these	these	DET
cblr-14249	273	4	presumptions	presumption	NOUN
cblr-14249	273	5	are	be	AUX
cblr-14249	273	6	rebuttable	rebuttable	ADJ
cblr-14249	273	7	,	,	PUNCT
cblr-14249	273	8	of	of	ADP
cblr-14249	273	9	course	course	NOUN
cblr-14249	273	10	.	.	PUNCT
cblr-14249	274	1	that	that	PRON
cblr-14249	274	2	’s	’	VERB
cblr-14249	274	3	the	the	DET
cblr-14249	274	4	second	second	ADJ
cblr-14249	274	5	critical	critical	ADJ
cblr-14249	274	6	element	element	NOUN
cblr-14249	274	7	of	of	ADP
cblr-14249	274	8	translating	translate	VERB
cblr-14249	274	9	the	the	DET
cblr-14249	274	10	structural	structural	ADJ
cblr-14249	274	11	presumption	presumption	NOUN
cblr-14249	274	12	today	today	NOUN
cblr-14249	274	13	.	.	PUNCT
cblr-14249	275	1	under	under	ADP
cblr-14249	275	2	the	the	DET
cblr-14249	275	3	general	general	ADJ
cblr-14249	275	4	dynamics	dynamic	NOUN
cblr-14249	275	5	framework	framework	NOUN
cblr-14249	275	6	for	for	ADP
cblr-14249	275	7	applying	apply	VERB
cblr-14249	275	8	the	the	DET
cblr-14249	275	9	incipiency	incipiency	NOUN
cblr-14249	275	10	standard	standard	NOUN
cblr-14249	275	11	that	that	PRON
cblr-14249	275	12	i	i	PRON
cblr-14249	275	13	mentioned	mention	VERB
cblr-14249	275	14	a	a	DET
cblr-14249	275	15	few	few	ADJ
cblr-14249	275	16	minutes	minute	NOUN
cblr-14249	275	17	ago,49	ago,49	VERB
cblr-14249	275	18	the	the	DET
cblr-14249	275	19	presumption	presumption	NOUN
cblr-14249	275	20	of	of	ADP
cblr-14249	275	21	harm	harm	NOUN
cblr-14249	275	22	to	to	ADP
cblr-14249	275	23	competition	competition	NOUN
cblr-14249	275	24	we	we	PRON
cblr-14249	275	25	draw	draw	VERB
cblr-14249	275	26	from	from	ADP
cblr-14249	275	27	an	an	DET
cblr-14249	275	28	increase	increase	NOUN
cblr-14249	275	29	in	in	ADP
cblr-14249	275	30	concentration	concentration	NOUN
cblr-14249	275	31	can	can	AUX
cblr-14249	275	32	be	be	AUX
cblr-14249	275	33	rebutted	rebut	VERB
cblr-14249	275	34	with	with	ADP
cblr-14249	275	35	further	further	ADJ
cblr-14249	275	36	analysis	analysis	NOUN
cblr-14249	275	37	of	of	ADP
cblr-14249	275	38	the	the	DET
cblr-14249	275	39	impacts	impact	NOUN
cblr-14249	275	40	on	on	ADP
cblr-14249	275	41	competition	competition	NOUN
cblr-14249	275	42	.	.	PUNCT
cblr-14249	276	1	merger	merger	NOUN
cblr-14249	276	2	uniting	unite	VERB
cblr-14249	276	3	firms	firm	NOUN
cblr-14249	276	4	with	with	ADP
cblr-14249	276	5	high	high	ADJ
cblr-14249	276	6	combined	combine	VERB
cblr-14249	276	7	shares	share	NOUN
cblr-14249	276	8	in	in	ADP
cblr-14249	276	9	a	a	DET
cblr-14249	276	10	highly	highly	ADV
cblr-14249	276	11	concentrated	concentrated	ADJ
cblr-14249	276	12	market	market	NOUN
cblr-14249	276	13	is	be	AUX
cblr-14249	276	14	likely	likely	ADV
cblr-14249	276	15	anticompetitive	anticompetitive	ADJ
cblr-14249	276	16	”	"	PUNCT
cblr-14249	276	17	)	)	PUNCT
cblr-14249	276	18	.	.	PUNCT
cblr-14249	277	1	48	48	NUM
cblr-14249	277	2	see	see	VERB
cblr-14249	277	3	competition	competition	NOUN
cblr-14249	277	4	bureau	bureau	PROPN
cblr-14249	277	5	canada	canada	PROPN
cblr-14249	277	6	,	,	PUNCT
cblr-14249	277	7	reviewing	review	VERB
cblr-14249	277	8	the	the	DET
cblr-14249	277	9	merger	merger	NOUN
cblr-14249	277	10	enforcement	enforcement	NOUN
cblr-14249	277	11	guidelines	guideline	NOUN
cblr-14249	277	12	,	,	PUNCT
cblr-14249	277	13	gov’t	gov’t	NOUN
cblr-14249	277	14	of	of	ADP
cblr-14249	277	15	can	can	AUX
cblr-14249	277	16	.	.	PUNCT
cblr-14249	278	1	(	(	PUNCT
cblr-14249	278	2	nov	nov	PROPN
cblr-14249	278	3	.	.	PROPN
cblr-14249	278	4	7	7	NUM
cblr-14249	278	5	,	,	PUNCT
cblr-14249	278	6	2024	2024	NUM
cblr-14249	278	7	)	)	PUNCT
cblr-14249	278	8	,	,	PUNCT
cblr-14249	278	9	https://competition-bureau.canada.ca/en/how-wefoster-competition/education-and-outreach/reviewingmerger-enforcement-guidelines	https://competition-bureau.canada.ca/en/how-wefoster-competition/education-and-outreach/reviewingmerger-enforcement-guideline	NOUN
cblr-14249	279	1	[	[	X
cblr-14249	279	2	https://perma.cc/l2g337ab	https://perma.cc/l2g337ab	X
cblr-14249	279	3	]	]	X
cblr-14249	279	4	;	;	PUNCT
cblr-14249	279	5	competition	competition	NOUN
cblr-14249	279	6	bureau	bureau	PROPN
cblr-14249	279	7	canada	canada	PROPN
cblr-14249	279	8	,	,	PUNCT
cblr-14249	279	9	changes	change	NOUN
cblr-14249	279	10	to	to	ADP
cblr-14249	279	11	the	the	DET
cblr-14249	279	12	provisions	provision	NOUN
cblr-14249	279	13	on	on	ADP
cblr-14249	279	14	mergers	merger	NOUN
cblr-14249	279	15	and	and	CCONJ
cblr-14249	279	16	restrictive	restrictive	ADJ
cblr-14249	279	17	trade	trade	NOUN
cblr-14249	279	18	practices	practice	NOUN
cblr-14249	279	19	in	in	ADP
cblr-14249	279	20	the	the	DET
cblr-14249	279	21	competition	competition	NOUN
cblr-14249	279	22	act	act	NOUN
cblr-14249	279	23	,	,	PUNCT
cblr-14249	279	24	gov’t	gov’t	NOUN
cblr-14249	279	25	of	of	ADP
cblr-14249	279	26	can	can	AUX
cblr-14249	279	27	.	.	PUNCT
cblr-14249	280	1	(	(	PUNCT
cblr-14249	280	2	nov	nov	PROPN
cblr-14249	280	3	.	.	PROPN
cblr-14249	280	4	7	7	NUM
cblr-14249	280	5	,	,	PUNCT
cblr-14249	280	6	2024	2024	NUM
cblr-14249	280	7	)	)	PUNCT
cblr-14249	280	8	,	,	PUNCT
cblr-14249	280	9	https://competition-bureau.canada.ca/en/mergers-andacquisitions/changes-provisions-mergers-andrestrictive-trade-practices-competition-act	https://competition-bureau.canada.ca/en/mergers-andacquisitions/changes-provisions-mergers-andrestrictive-trade-practices-competition-act	ADJ
cblr-14249	280	10	[	[	X
cblr-14249	280	11	https://perma.cc/t649-p4ej	https://perma.cc/t649-p4ej	NOUN
cblr-14249	280	12	]	]	X
cblr-14249	280	13	.	.	PUNCT
cblr-14249	281	1	49	49	NUM
cblr-14249	281	2	see	see	VERB
cblr-14249	281	3	supra	supra	PROPN
cblr-14249	281	4	note	note	PROPN
cblr-14249	281	5	31	31	NUM
cblr-14249	281	6	and	and	CCONJ
cblr-14249	281	7	accompanying	accompany	VERB
cblr-14249	281	8	text	text	NOUN
cblr-14249	281	9	.	.	PUNCT
cblr-14249	282	1	120	120	NUM
cblr-14249	282	2	columbia	columbia	PROPN
cblr-14249	282	3	business	business	NOUN
cblr-14249	282	4	law	law	PROPN
cblr-14249	282	5	review	review	NOUN
cblr-14249	282	6	[	[	X
cblr-14249	282	7	vol	vol	NOUN
cblr-14249	282	8	.	.	PUNCT
cblr-14249	282	9	2025	2025	NUM
cblr-14249	282	10	d.	d.	PROPN
cblr-14249	282	11	translating	translate	VERB
cblr-14249	282	12	procter	procter	PROPN
cblr-14249	282	13	&	&	CCONJ
cblr-14249	282	14	gamble	gamble	PROPN
cblr-14249	282	15	’s	’s	PART
cblr-14249	282	16	prohibition	prohibition	NOUN
cblr-14249	282	17	on	on	ADP
cblr-14249	282	18	consideration	consideration	NOUN
cblr-14249	282	19	of	of	ADP
cblr-14249	282	20	possible	possible	ADJ
cblr-14249	282	21	economies	economy	NOUN
cblr-14249	282	22	as	as	ADP
cblr-14249	282	23	a	a	DET
cblr-14249	282	24	defense	defense	NOUN
cblr-14249	282	25	to	to	PART
cblr-14249	282	26	illegality	illegality	VERB
cblr-14249	282	27	into	into	ADP
cblr-14249	282	28	a	a	DET
cblr-14249	282	29	modern	modern	ADJ
cblr-14249	282	30	burden	burden	NOUN
cblr-14249	282	31	-	-	PUNCT
cblr-14249	282	32	shifting	shift	VERB
cblr-14249	282	33	framework	framework	NOUN
cblr-14249	282	34	that	that	PRON
cblr-14249	282	35	considers	consider	VERB
cblr-14249	282	36	efficiencies	efficiency	NOUN
cblr-14249	282	37	as	as	ADP
cblr-14249	282	38	a	a	DET
cblr-14249	282	39	rebuttal	rebuttal	NOUN
cblr-14249	282	40	my	my	PRON
cblr-14249	282	41	last	last	ADJ
cblr-14249	282	42	two	two	NUM
cblr-14249	282	43	translations	translation	NOUN
cblr-14249	282	44	focus	focus	VERB
cblr-14249	282	45	on	on	ADP
cblr-14249	282	46	one	one	NUM
cblr-14249	282	47	of	of	ADP
cblr-14249	282	48	the	the	DET
cblr-14249	282	49	more	more	ADV
cblr-14249	282	50	controversial	controversial	ADJ
cblr-14249	282	51	of	of	ADP
cblr-14249	282	52	the	the	DET
cblr-14249	282	53	1960s	1960	NOUN
cblr-14249	282	54	cases	case	NOUN
cblr-14249	282	55	:	:	PUNCT
cblr-14249	282	56	procter	procter	PROPN
cblr-14249	282	57	&	&	CCONJ
cblr-14249	282	58	gamble.50	gamble.50	PROPN
cblr-14249	282	59	the	the	DET
cblr-14249	282	60	puzzle	puzzle	NOUN
cblr-14249	282	61	of	of	ADP
cblr-14249	282	62	translating	translate	VERB
cblr-14249	282	63	procter	procter	PROPN
cblr-14249	282	64	&	&	CCONJ
cblr-14249	282	65	gamble	gamble	PROPN
cblr-14249	282	66	is	be	AUX
cblr-14249	282	67	a	a	DET
cblr-14249	282	68	fascinating	fascinating	ADJ
cblr-14249	282	69	one	one	NUM
cblr-14249	282	70	.	.	PUNCT
cblr-14249	283	1	for	for	ADP
cblr-14249	283	2	those	those	PRON
cblr-14249	283	3	unfamiliar	unfamiliar	ADJ
cblr-14249	283	4	with	with	ADP
cblr-14249	283	5	the	the	DET
cblr-14249	283	6	facts	fact	NOUN
cblr-14249	283	7	,	,	PUNCT
cblr-14249	283	8	clorox	clorox	NOUN
cblr-14249	283	9	,	,	PUNCT
cblr-14249	283	10	the	the	DET
cblr-14249	283	11	largest	large	ADJ
cblr-14249	283	12	manufacturer	manufacturer	NOUN
cblr-14249	283	13	of	of	ADP
cblr-14249	283	14	household	household	NOUN
cblr-14249	283	15	bleach	bleach	NOUN
cblr-14249	283	16	,	,	PUNCT
cblr-14249	283	17	was	be	AUX
cblr-14249	283	18	bought	buy	VERB
cblr-14249	283	19	by	by	ADP
cblr-14249	283	20	procter	procter	PROPN
cblr-14249	283	21	&	&	CCONJ
cblr-14249	283	22	gamble	gamble	PROPN
cblr-14249	283	23	,	,	PUNCT
cblr-14249	283	24	which	which	PRON
cblr-14249	283	25	among	among	ADP
cblr-14249	283	26	other	other	ADJ
cblr-14249	283	27	products	product	NOUN
cblr-14249	283	28	was	be	AUX
cblr-14249	283	29	a	a	DET
cblr-14249	283	30	leader	leader	NOUN
cblr-14249	283	31	in	in	ADP
cblr-14249	283	32	detergent	detergent	ADJ
cblr-14249	283	33	sales.51	sales.51	NOUN
cblr-14249	283	34	in	in	ADP
cblr-14249	283	35	the	the	DET
cblr-14249	283	36	supreme	supreme	PROPN
cblr-14249	283	37	court	court	PROPN
cblr-14249	283	38	’s	’s	PART
cblr-14249	283	39	equivalent	equivalent	NOUN
cblr-14249	283	40	of	of	ADP
cblr-14249	283	41	ancient	ancient	ADJ
cblr-14249	283	42	egyptian	egyptian	ADJ
cblr-14249	283	43	phrasing	phrasing	NOUN
cblr-14249	283	44	,	,	PUNCT
cblr-14249	283	45	this	this	PRON
cblr-14249	283	46	was	be	AUX
cblr-14249	283	47	a	a	DET
cblr-14249	283	48	“	"	PUNCT
cblr-14249	283	49	product	product	NOUN
cblr-14249	283	50	-	-	PUNCT
cblr-14249	283	51	extension	extension	NOUN
cblr-14249	283	52	”	"	PUNCT
cblr-14249	283	53	merger	merger	NOUN
cblr-14249	283	54	because	because	SCONJ
cblr-14249	283	55	it	it	PRON
cblr-14249	283	56	extended	extend	VERB
cblr-14249	283	57	a	a	DET
cblr-14249	283	58	product	product	NOUN
cblr-14249	283	59	line	line	NOUN
cblr-14249	283	60	that	that	PRON
cblr-14249	283	61	included	include	VERB
cblr-14249	283	62	other	other	ADJ
cblr-14249	283	63	household	household	NOUN
cblr-14249	283	64	cleaning	cleaning	NOUN
cblr-14249	283	65	products	product	NOUN
cblr-14249	283	66	to	to	PART
cblr-14249	283	67	also	also	ADV
cblr-14249	283	68	include	include	VERB
cblr-14249	283	69	bleach.52	bleach.52	PROPN
cblr-14249	283	70	the	the	DET
cblr-14249	283	71	supreme	supreme	PROPN
cblr-14249	283	72	court	court	PROPN
cblr-14249	283	73	noted	note	VERB
cblr-14249	283	74	that	that	SCONJ
cblr-14249	283	75	this	this	PRON
cblr-14249	283	76	would	would	AUX
cblr-14249	283	77	give	give	VERB
cblr-14249	283	78	the	the	DET
cblr-14249	283	79	merged	merge	VERB
cblr-14249	283	80	firm	firm	NOUN
cblr-14249	283	81	an	an	DET
cblr-14249	283	82	advantage	advantage	NOUN
cblr-14249	283	83	over	over	ADP
cblr-14249	283	84	rivals	rival	NOUN
cblr-14249	283	85	that	that	PRON
cblr-14249	283	86	do	do	AUX
cblr-14249	283	87	n’t	not	PART
cblr-14249	283	88	sell	sell	VERB
cblr-14249	283	89	the	the	DET
cblr-14249	283	90	full	full	ADJ
cblr-14249	283	91	range	range	NOUN
cblr-14249	283	92	of	of	ADP
cblr-14249	283	93	products	product	NOUN
cblr-14249	283	94	in	in	ADP
cblr-14249	283	95	things	thing	NOUN
cblr-14249	283	96	which	which	PRON
cblr-14249	283	97	can	can	AUX
cblr-14249	283	98	be	be	AUX
cblr-14249	283	99	done	do	VERB
cblr-14249	283	100	together	together	ADV
cblr-14249	283	101	,	,	PUNCT
cblr-14249	283	102	like	like	ADP
cblr-14249	283	103	marketing	marketing	NOUN
cblr-14249	283	104	and	and	CCONJ
cblr-14249	283	105	distribution.53	distribution.53	NOUN
cblr-14249	283	106	what	what	PRON
cblr-14249	283	107	’s	’	VERB
cblr-14249	283	108	so	so	ADV
cblr-14249	283	109	fascinating	fascinating	ADJ
cblr-14249	283	110	about	about	ADP
cblr-14249	283	111	translating	translate	VERB
cblr-14249	283	112	that	that	DET
cblr-14249	283	113	case	case	NOUN
cblr-14249	283	114	is	be	AUX
cblr-14249	283	115	that	that	SCONJ
cblr-14249	283	116	the	the	DET
cblr-14249	283	117	economics	economic	NOUN
cblr-14249	283	118	have	have	AUX
cblr-14249	283	119	evolved	evolve	VERB
cblr-14249	283	120	so	so	ADV
cblr-14249	283	121	much	much	ADV
cblr-14249	283	122	since	since	SCONJ
cblr-14249	283	123	then	then	ADV
cblr-14249	283	124	.	.	PUNCT
cblr-14249	284	1	we	we	PRON
cblr-14249	284	2	now	now	ADV
cblr-14249	284	3	use	use	VERB
cblr-14249	284	4	the	the	DET
cblr-14249	284	5	word	word	NOUN
cblr-14249	284	6	“	"	PUNCT
cblr-14249	284	7	complements	complement	NOUN
cblr-14249	284	8	”	"	PUNCT
cblr-14249	284	9	broadly	broadly	ADV
cblr-14249	284	10	for	for	ADP
cblr-14249	284	11	products	product	NOUN
cblr-14249	284	12	and	and	CCONJ
cblr-14249	284	13	services	service	NOUN
cblr-14249	284	14	with	with	ADP
cblr-14249	284	15	positive	positive	ADJ
cblr-14249	284	16	impacts	impact	NOUN
cblr-14249	284	17	on	on	ADP
cblr-14249	284	18	one	one	NUM
cblr-14249	284	19	another	another	PRON
cblr-14249	284	20	’s	’s	PART
cblr-14249	284	21	demand	demand	NOUN
cblr-14249	284	22	.	.	PUNCT
cblr-14249	285	1	and	and	CCONJ
cblr-14249	285	2	we	we	PRON
cblr-14249	285	3	would	would	AUX
cblr-14249	285	4	now	now	ADV
cblr-14249	285	5	say	say	VERB
cblr-14249	285	6	the	the	DET
cblr-14249	285	7	efficiencies	efficiency	NOUN
cblr-14249	285	8	of	of	ADP
cblr-14249	285	9	joint	joint	ADJ
cblr-14249	285	10	marketing	marketing	NOUN
cblr-14249	285	11	and	and	CCONJ
cblr-14249	285	12	distribution	distribution	NOUN
cblr-14249	285	13	for	for	ADP
cblr-14249	285	14	detergent	detergent	NOUN
cblr-14249	285	15	and	and	CCONJ
cblr-14249	285	16	bleach	bleach	NOUN
cblr-14249	285	17	are	be	AUX
cblr-14249	285	18	“	"	PUNCT
cblr-14249	285	19	production	production	NOUN
cblr-14249	285	20	complements	complement	NOUN
cblr-14249	285	21	.	.	PUNCT
cblr-14249	285	22	”	"	PUNCT
cblr-14249	286	1	our	our	PRON
cblr-14249	286	2	understanding	understanding	NOUN
cblr-14249	286	3	of	of	ADP
cblr-14249	286	4	the	the	DET
cblr-14249	286	5	economics	economic	NOUN
cblr-14249	286	6	of	of	ADP
cblr-14249	286	7	mergers	merger	NOUN
cblr-14249	286	8	of	of	ADP
cblr-14249	286	9	complements	complement	NOUN
cblr-14249	286	10	has	have	AUX
cblr-14249	286	11	greatly	greatly	ADV
cblr-14249	286	12	expanded	expand	VERB
cblr-14249	286	13	in	in	ADP
cblr-14249	286	14	the	the	DET
cblr-14249	286	15	last	last	ADJ
cblr-14249	286	16	fifty	fifty	NUM
cblr-14249	286	17	years	year	NOUN
cblr-14249	286	18	.	.	PUNCT
cblr-14249	287	1	we	we	PRON
cblr-14249	287	2	now	now	ADV
cblr-14249	287	3	better	well	ADV
cblr-14249	287	4	understand	understand	VERB
cblr-14249	287	5	both	both	CCONJ
cblr-14249	287	6	the	the	DET
cblr-14249	287	7	benefits	benefit	NOUN
cblr-14249	287	8	,	,	PUNCT
cblr-14249	287	9	and	and	CCONJ
cblr-14249	287	10	the	the	DET
cblr-14249	287	11	potential	potential	ADJ
cblr-14249	287	12	competitive	competitive	ADJ
cblr-14249	287	13	risks	risk	NOUN
cblr-14249	287	14	,	,	PUNCT
cblr-14249	287	15	of	of	ADP
cblr-14249	287	16	mergers	merger	NOUN
cblr-14249	287	17	of	of	ADP
cblr-14249	287	18	complements	complement	NOUN
cblr-14249	287	19	.	.	PUNCT
cblr-14249	288	1	those	those	PRON
cblr-14249	288	2	are	be	AUX
cblr-14249	288	3	the	the	DET
cblr-14249	288	4	two	two	NUM
cblr-14249	288	5	translations	translation	NOUN
cblr-14249	288	6	i	i	PRON
cblr-14249	288	7	would	would	AUX
cblr-14249	288	8	like	like	VERB
cblr-14249	288	9	to	to	PART
cblr-14249	288	10	unpack	unpack	VERB
cblr-14249	288	11	.	.	PUNCT
cblr-14249	289	1	50	50	NUM
cblr-14249	289	2	fed	feed	VERB
cblr-14249	289	3	.	.	PUNCT
cblr-14249	290	1	trade	trade	NOUN
cblr-14249	290	2	comm’n	comm’n	NOUN
cblr-14249	290	3	v.	v.	ADP
cblr-14249	290	4	procter	procter	PROPN
cblr-14249	290	5	&	&	CCONJ
cblr-14249	290	6	gamble	gamble	PROPN
cblr-14249	290	7	co.	co.	PROPN
cblr-14249	290	8	,	,	PUNCT
cblr-14249	290	9	386	386	NUM
cblr-14249	290	10	u.s	u.s	PROPN
cblr-14249	290	11	.	.	PROPN
cblr-14249	290	12	568	568	NUM
cblr-14249	290	13	(	(	PUNCT
cblr-14249	290	14	1967	1967	NUM
cblr-14249	290	15	)	)	PUNCT
cblr-14249	290	16	.	.	PUNCT
cblr-14249	291	1	51	51	NUM
cblr-14249	292	1	i	i	PRON
cblr-14249	292	2	d.	d.	PROPN
cblr-14249	292	3	at	at	ADP
cblr-14249	292	4	570–73	570–73	PROPN
cblr-14249	292	5	.	.	PROPN
cblr-14249	292	6	52	52	NUM
cblr-14249	292	7	i	i	PROPN
cblr-14249	292	8	d.	d.	PROPN
cblr-14249	292	9	at	at	ADP
cblr-14249	292	10	577	577	NUM
cblr-14249	292	11	.	.	PUNCT
cblr-14249	293	1	53	53	NUM
cblr-14249	293	2	id.at	id.at	ADJ
cblr-14249	293	3	579	579	NUM
cblr-14249	293	4	.	.	PUNCT
cblr-14249	294	1	no	no	INTJ
cblr-14249	294	2	.	.	NOUN
cblr-14249	295	1	1	1	NUM
cblr-14249	295	2	]	]	X
cblr-14249	295	3	contemporary	contemporary	ADJ
cblr-14249	295	4	merger	merger	NOUN
cblr-14249	295	5	review	review	NOUN
cblr-14249	295	6	under	under	ADP
cblr-14249	295	7	the	the	DET
cblr-14249	295	8	rule	rule	NOUN
cblr-14249	295	9	of	of	ADP
cblr-14249	295	10	law	law	NOUN
cblr-14249	295	11	121	121	NUM
cblr-14249	295	12	first	first	ADV
cblr-14249	295	13	,	,	PUNCT
cblr-14249	295	14	the	the	DET
cblr-14249	295	15	analysis	analysis	NOUN
cblr-14249	295	16	of	of	ADP
cblr-14249	295	17	efficiencies	efficiency	NOUN
cblr-14249	295	18	in	in	ADP
cblr-14249	295	19	mergers	merger	NOUN
cblr-14249	295	20	.	.	PUNCT
cblr-14249	296	1	economics	economic	NOUN
cblr-14249	296	2	teaches	teach	VERB
cblr-14249	296	3	us	we	PRON
cblr-14249	296	4	that	that	SCONJ
cblr-14249	296	5	mergers	merger	NOUN
cblr-14249	296	6	of	of	ADP
cblr-14249	296	7	complements	complement	NOUN
cblr-14249	296	8	can	can	AUX
cblr-14249	296	9	in	in	ADP
cblr-14249	296	10	some	some	DET
cblr-14249	296	11	situations	situation	NOUN
cblr-14249	296	12	benefit	benefit	NOUN
cblr-14249	296	13	competition	competition	NOUN
cblr-14249	296	14	.	.	PUNCT
cblr-14249	297	1	but	but	CCONJ
cblr-14249	297	2	procter	procter	PROPN
cblr-14249	297	3	&	&	CCONJ
cblr-14249	297	4	gamble	gamble	PROPN
cblr-14249	297	5	refused	refuse	VERB
cblr-14249	297	6	to	to	PART
cblr-14249	297	7	consider	consider	VERB
cblr-14249	297	8	efficiencies	efficiency	NOUN
cblr-14249	297	9	altogether	altogether	ADV
cblr-14249	297	10	,	,	PUNCT
cblr-14249	297	11	holding	hold	VERB
cblr-14249	297	12	that	that	SCONJ
cblr-14249	297	13	“	"	PUNCT
cblr-14249	297	14	possible	possible	ADJ
cblr-14249	297	15	economies	economy	NOUN
cblr-14249	297	16	can	can	AUX
cblr-14249	297	17	not	not	PART
cblr-14249	297	18	be	be	AUX
cblr-14249	297	19	used	use	VERB
cblr-14249	297	20	as	as	ADP
cblr-14249	297	21	a	a	DET
cblr-14249	297	22	defense	defense	NOUN
cblr-14249	297	23	to	to	PART
cblr-14249	297	24	illegality	illegality	NOUN
cblr-14249	297	25	.	.	PUNCT
cblr-14249	298	1	”54	”54	PROPN
cblr-14249	298	2	based	base	VERB
cblr-14249	298	3	on	on	ADP
cblr-14249	298	4	that	that	DET
cblr-14249	298	5	quote	quote	NOUN
cblr-14249	298	6	,	,	PUNCT
cblr-14249	298	7	many	many	ADJ
cblr-14249	298	8	advocates	advocate	NOUN
cblr-14249	298	9	of	of	ADP
cblr-14249	298	10	stronger	strong	ADJ
cblr-14249	298	11	merger	merger	NOUN
cblr-14249	298	12	enforcement	enforcement	NOUN
cblr-14249	298	13	pushed	push	VERB
cblr-14249	298	14	the	the	DET
cblr-14249	298	15	division	division	NOUN
cblr-14249	298	16	and	and	CCONJ
cblr-14249	298	17	ftc	ftc	PROPN
cblr-14249	298	18	to	to	PART
cblr-14249	298	19	remove	remove	VERB
cblr-14249	298	20	the	the	DET
cblr-14249	298	21	efficiencies	efficiency	NOUN
cblr-14249	298	22	rebuttal	rebuttal	NOUN
cblr-14249	298	23	from	from	ADP
cblr-14249	298	24	the	the	DET
cblr-14249	298	25	merger	merger	NOUN
cblr-14249	298	26	guidelines	guideline	NOUN
cblr-14249	298	27	.	.	PUNCT
cblr-14249	299	1	but	but	CCONJ
cblr-14249	299	2	remember	remember	VERB
cblr-14249	299	3	my	my	PRON
cblr-14249	299	4	first	first	ADJ
cblr-14249	299	5	two	two	NUM
cblr-14249	299	6	points	point	NOUN
cblr-14249	299	7	earlier	early	ADV
cblr-14249	299	8	about	about	ADP
cblr-14249	299	9	having	have	VERB
cblr-14249	299	10	an	an	DET
cblr-14249	299	11	economic	economic	ADJ
cblr-14249	299	12	conception	conception	NOUN
cblr-14249	299	13	of	of	ADP
cblr-14249	299	14	the	the	DET
cblr-14249	299	15	dynamic	dynamic	ADJ
cblr-14249	299	16	competitive	competitive	ADJ
cblr-14249	299	17	process	process	NOUN
cblr-14249	299	18	and	and	CCONJ
cblr-14249	299	19	employing	employ	VERB
cblr-14249	299	20	a	a	DET
cblr-14249	299	21	burden	burden	NOUN
cblr-14249	299	22	-	-	PUNCT
cblr-14249	299	23	shifting	shift	VERB
cblr-14249	299	24	framework	framework	NOUN
cblr-14249	299	25	to	to	PART
cblr-14249	299	26	evaluate	evaluate	VERB
cblr-14249	299	27	rebuttal	rebuttal	ADJ
cblr-14249	299	28	evidence	evidence	NOUN
cblr-14249	299	29	.	.	PUNCT
cblr-14249	300	1	procter	procter	PROPN
cblr-14249	300	2	&	&	CCONJ
cblr-14249	300	3	gamble	gamble	PROPN
cblr-14249	300	4	says	say	VERB
cblr-14249	300	5	efficiencies	efficiency	NOUN
cblr-14249	300	6	can	can	AUX
cblr-14249	300	7	not	not	PART
cblr-14249	300	8	be	be	AUX
cblr-14249	300	9	a	a	DET
cblr-14249	300	10	defense	defense	NOUN
cblr-14249	300	11	to	to	ADP
cblr-14249	300	12	illegality.55	illegality.55	PRON
cblr-14249	300	13	but	but	CCONJ
cblr-14249	300	14	it	it	PRON
cblr-14249	300	15	does	do	AUX
cblr-14249	300	16	not	not	PART
cblr-14249	300	17	say	say	VERB
cblr-14249	300	18	that	that	SCONJ
cblr-14249	300	19	procompetitive	procompetitive	ADJ
cblr-14249	300	20	benefits	benefit	NOUN
cblr-14249	300	21	are	be	AUX
cblr-14249	300	22	irrelevant	irrelevant	ADJ
cblr-14249	300	23	rebuttal	rebuttal	ADJ
cblr-14249	300	24	evidence	evidence	NOUN
cblr-14249	300	25	in	in	ADP
cblr-14249	300	26	determining	determine	VERB
cblr-14249	300	27	whether	whether	SCONJ
cblr-14249	300	28	the	the	DET
cblr-14249	300	29	merger	merger	NOUN
cblr-14249	300	30	is	be	AUX
cblr-14249	300	31	unlawful	unlawful	ADJ
cblr-14249	300	32	in	in	ADP
cblr-14249	300	33	the	the	DET
cblr-14249	300	34	first	first	ADJ
cblr-14249	300	35	place	place	NOUN
cblr-14249	300	36	because	because	SCONJ
cblr-14249	300	37	of	of	ADP
cblr-14249	300	38	procompetitive	procompetitive	ADJ
cblr-14249	300	39	effects	effect	NOUN
cblr-14249	300	40	of	of	ADP
cblr-14249	300	41	the	the	DET
cblr-14249	300	42	transaction	transaction	NOUN
cblr-14249	300	43	.	.	PUNCT
cblr-14249	301	1	so	so	ADV
cblr-14249	301	2	efficiencies	efficiency	NOUN
cblr-14249	301	3	are	be	AUX
cblr-14249	301	4	rebuttal	rebuttal	ADJ
cblr-14249	301	5	even	even	ADV
cblr-14249	301	6	if	if	SCONJ
cblr-14249	301	7	not	not	PART
cblr-14249	301	8	a	a	DET
cblr-14249	301	9	defense	defense	NOUN
cblr-14249	301	10	.	.	PUNCT
cblr-14249	302	1	they	they	PRON
cblr-14249	302	2	do	do	AUX
cblr-14249	302	3	n’t	not	PART
cblr-14249	302	4	excuse	excuse	VERB
cblr-14249	302	5	a	a	DET
cblr-14249	302	6	lessening	lessening	NOUN
cblr-14249	302	7	of	of	ADP
cblr-14249	302	8	competition	competition	NOUN
cblr-14249	302	9	;	;	PUNCT
cblr-14249	302	10	they	they	PRON
cblr-14249	302	11	prevent	prevent	VERB
cblr-14249	302	12	it	it	PRON
cblr-14249	302	13	from	from	ADP
cblr-14249	302	14	happening	happen	VERB
cblr-14249	302	15	in	in	ADP
cblr-14249	302	16	the	the	DET
cblr-14249	302	17	first	first	ADJ
cblr-14249	302	18	place	place	NOUN
cblr-14249	302	19	.	.	PUNCT
cblr-14249	303	1	now	now	ADV
cblr-14249	303	2	,	,	PUNCT
cblr-14249	303	3	we	we	PRON
cblr-14249	303	4	must	must	AUX
cblr-14249	303	5	remember	remember	VERB
cblr-14249	303	6	what	what	PRON
cblr-14249	303	7	we	we	PRON
cblr-14249	303	8	are	be	AUX
cblr-14249	303	9	rebutting	rebut	VERB
cblr-14249	303	10	for	for	SCONJ
cblr-14249	303	11	this	this	PRON
cblr-14249	303	12	to	to	PART
cblr-14249	303	13	work	work	VERB
cblr-14249	303	14	.	.	PUNCT
cblr-14249	304	1	efficiencies	efficiency	NOUN
cblr-14249	304	2	must	must	AUX
cblr-14249	304	3	benefit	benefit	VERB
cblr-14249	304	4	competition	competition	NOUN
cblr-14249	304	5	in	in	ADP
cblr-14249	304	6	the	the	DET
cblr-14249	304	7	relevant	relevant	ADJ
cblr-14249	304	8	market	market	NOUN
cblr-14249	304	9	to	to	PART
cblr-14249	304	10	rebut	rebut	VERB
cblr-14249	304	11	a	a	DET
cblr-14249	304	12	lessening	lessening	NOUN
cblr-14249	304	13	of	of	ADP
cblr-14249	304	14	competition	competition	NOUN
cblr-14249	304	15	.	.	PUNCT
cblr-14249	305	1	if	if	SCONJ
cblr-14249	305	2	our	our	PRON
cblr-14249	305	3	prima	prima	NOUN
cblr-14249	305	4	facie	facie	NOUN
cblr-14249	305	5	concern	concern	NOUN
cblr-14249	305	6	is	be	AUX
cblr-14249	305	7	that	that	SCONJ
cblr-14249	305	8	the	the	DET
cblr-14249	305	9	merger	merger	NOUN
cblr-14249	305	10	will	will	AUX
cblr-14249	305	11	lead	lead	VERB
cblr-14249	305	12	market	market	NOUN
cblr-14249	305	13	participants	participant	NOUN
cblr-14249	305	14	to	to	PART
cblr-14249	305	15	compete	compete	VERB
cblr-14249	305	16	less	less	ADV
cblr-14249	305	17	forcefully	forcefully	ADV
cblr-14249	305	18	,	,	PUNCT
cblr-14249	305	19	the	the	DET
cblr-14249	305	20	cognizable	cognizable	ADJ
cblr-14249	305	21	efficiencies	efficiency	NOUN
cblr-14249	305	22	would	would	AUX
cblr-14249	305	23	need	need	VERB
cblr-14249	305	24	to	to	PART
cblr-14249	305	25	show	show	VERB
cblr-14249	305	26	that	that	SCONJ
cblr-14249	305	27	the	the	DET
cblr-14249	305	28	merger	merger	NOUN
cblr-14249	305	29	makes	make	VERB
cblr-14249	305	30	them	they	PRON
cblr-14249	305	31	a	a	DET
cblr-14249	305	32	more	more	ADV
cblr-14249	305	33	forceful	forceful	ADJ
cblr-14249	305	34	competitor	competitor	NOUN
cblr-14249	305	35	.	.	PUNCT
cblr-14249	306	1	and	and	CCONJ
cblr-14249	306	2	we	we	PRON
cblr-14249	306	3	would	would	AUX
cblr-14249	306	4	need	need	VERB
cblr-14249	306	5	to	to	PART
cblr-14249	306	6	know	know	VERB
cblr-14249	306	7	that	that	SCONJ
cblr-14249	306	8	the	the	DET
cblr-14249	306	9	same	same	ADJ
cblr-14249	306	10	benefits	benefit	NOUN
cblr-14249	306	11	could	could	AUX
cblr-14249	306	12	not	not	PART
cblr-14249	306	13	be	be	AUX
cblr-14249	306	14	achieved	achieve	VERB
cblr-14249	306	15	via	via	ADP
cblr-14249	306	16	contract	contract	NOUN
cblr-14249	306	17	;	;	PUNCT
cblr-14249	306	18	although	although	SCONJ
cblr-14249	306	19	the	the	DET
cblr-14249	306	20	sherman	sherman	PROPN
cblr-14249	306	21	act	act	PROPN
cblr-14249	306	22	would	would	AUX
cblr-14249	306	23	prohibit	prohibit	VERB
cblr-14249	306	24	a	a	DET
cblr-14249	306	25	contract	contract	NOUN
cblr-14249	306	26	causing	cause	VERB
cblr-14249	306	27	the	the	DET
cblr-14249	306	28	anticompetitive	anticompetitive	ADJ
cblr-14249	306	29	effects	effect	NOUN
cblr-14249	306	30	of	of	ADP
cblr-14249	306	31	the	the	DET
cblr-14249	306	32	merger	merger	NOUN
cblr-14249	306	33	,	,	PUNCT
cblr-14249	306	34	it	it	PRON
cblr-14249	306	35	would	would	AUX
cblr-14249	306	36	generally	generally	ADV
cblr-14249	306	37	not	not	PART
cblr-14249	306	38	prohibit	prohibit	VERB
cblr-14249	306	39	the	the	DET
cblr-14249	306	40	parties	party	NOUN
cblr-14249	306	41	from	from	ADP
cblr-14249	306	42	achieving	achieve	VERB
cblr-14249	306	43	the	the	DET
cblr-14249	306	44	merger	merger	NOUN
cblr-14249	306	45	’s	’s	PART
cblr-14249	306	46	efficiencies	efficiency	NOUN
cblr-14249	306	47	.	.	PUNCT
cblr-14249	307	1	one	one	PRON
cblr-14249	307	2	can	can	AUX
cblr-14249	307	3	probably	probably	ADV
cblr-14249	307	4	predict	predict	VERB
cblr-14249	307	5	from	from	ADP
cblr-14249	307	6	this	this	DET
cblr-14249	307	7	discussion	discussion	NOUN
cblr-14249	307	8	how	how	SCONJ
cblr-14249	307	9	the	the	DET
cblr-14249	307	10	2023	2023	NUM
cblr-14249	307	11	guidelines	guideline	NOUN
cblr-14249	307	12	responded	respond	VERB
cblr-14249	307	13	to	to	ADP
cblr-14249	307	14	the	the	DET
cblr-14249	307	15	calls	call	NOUN
cblr-14249	307	16	to	to	PART
cblr-14249	307	17	eliminate	eliminate	VERB
cblr-14249	307	18	the	the	DET
cblr-14249	307	19	efficiencies	efficiency	NOUN
cblr-14249	307	20	defense	defense	NOUN
cblr-14249	307	21	:	:	PUNCT
cblr-14249	307	22	the	the	DET
cblr-14249	307	23	antitrust	antitrust	ADJ
cblr-14249	307	24	agencies	agency	NOUN
cblr-14249	307	25	declined	decline	VERB
cblr-14249	307	26	the	the	DET
cblr-14249	307	27	invitation	invitation	NOUN
cblr-14249	307	28	.	.	PUNCT
cblr-14249	308	1	instead	instead	ADV
cblr-14249	308	2	,	,	PUNCT
cblr-14249	308	3	they	they	PRON
cblr-14249	308	4	clarified	clarify	VERB
cblr-14249	308	5	from	from	ADP
cblr-14249	308	6	the	the	DET
cblr-14249	308	7	outset	outset	NOUN
cblr-14249	308	8	of	of	ADP
cblr-14249	308	9	the	the	DET
cblr-14249	308	10	document	document	NOUN
cblr-14249	308	11	that	that	PRON
cblr-14249	308	12	the	the	DET
cblr-14249	308	13	statutory	statutory	ADJ
cblr-14249	308	14	focus	focus	NOUN
cblr-14249	308	15	on	on	ADP
cblr-14249	308	16	“	"	PUNCT
cblr-14249	308	17	competition	competition	NOUN
cblr-14249	308	18	”	"	PUNCT
cblr-14249	308	19	centers	center	NOUN
cblr-14249	308	20	54	54	NUM
cblr-14249	308	21	i	i	PRON
cblr-14249	308	22	d.	d.	VERB
cblr-14249	308	23	at	at	ADP
cblr-14249	308	24	580	580	NUM
cblr-14249	308	25	.	.	PUNCT
cblr-14249	309	1	55	55	NUM
cblr-14249	309	2	i	i	PROPN
cblr-14249	309	3	d.	d.	PROPN
cblr-14249	309	4	(	(	PUNCT
cblr-14249	309	5	emphasis	emphasis	NOUN
cblr-14249	309	6	added	add	VERB
cblr-14249	309	7	)	)	PUNCT
cblr-14249	309	8	.	.	PUNCT
cblr-14249	310	1	122	122	NUM
cblr-14249	310	2	columbia	columbia	PROPN
cblr-14249	310	3	business	business	PROPN
cblr-14249	310	4	law	law	PROPN
cblr-14249	310	5	review	review	NOUN
cblr-14249	310	6	[	[	X
cblr-14249	310	7	vol	vol	NOUN
cblr-14249	310	8	.	.	PUNCT
cblr-14249	310	9	2025	2025	NUM
cblr-14249	310	10	the	the	DET
cblr-14249	310	11	agencies	agency	NOUN
cblr-14249	310	12	’	’	PART
cblr-14249	310	13	review	review	NOUN
cblr-14249	310	14	,	,	PUNCT
cblr-14249	310	15	and	and	CCONJ
cblr-14249	310	16	that	that	SCONJ
cblr-14249	310	17	procompetitive	procompetitive	ADJ
cblr-14249	310	18	efficiencies	efficiency	NOUN
cblr-14249	310	19	can	can	AUX
cblr-14249	310	20	therefore	therefore	ADV
cblr-14249	310	21	be	be	AUX
cblr-14249	310	22	appropriately	appropriately	ADV
cblr-14249	310	23	considered	consider	VERB
cblr-14249	310	24	in	in	ADP
cblr-14249	310	25	rebuttal	rebuttal	NOUN
cblr-14249	310	26	.	.	PUNCT
cblr-14249	311	1	e.	e.	PROPN
cblr-14249	311	2	translating	translating	PROPN
cblr-14249	311	3	procter	procter	PROPN
cblr-14249	311	4	&	&	CCONJ
cblr-14249	311	5	gamble	gamble	PROPN
cblr-14249	311	6	’s	’s	PART
cblr-14249	311	7	concern	concern	NOUN
cblr-14249	311	8	with	with	ADP
cblr-14249	311	9	entrenchment	entrenchment	NOUN
cblr-14249	311	10	of	of	ADP
cblr-14249	311	11	power	power	NOUN
cblr-14249	311	12	into	into	ADP
cblr-14249	311	13	a	a	DET
cblr-14249	311	14	modern	modern	ADJ
cblr-14249	311	15	framework	framework	NOUN
cblr-14249	311	16	that	that	PRON
cblr-14249	311	17	distinguishes	distinguish	VERB
cblr-14249	311	18	efficiencies	efficiency	NOUN
cblr-14249	311	19	from	from	ADP
cblr-14249	311	20	exclusion	exclusion	NOUN
cblr-14249	311	21	that	that	PRON
cblr-14249	311	22	brings	bring	VERB
cblr-14249	311	23	me	i	PRON
cblr-14249	311	24	to	to	ADP
cblr-14249	311	25	my	my	PRON
cblr-14249	311	26	last	last	ADJ
cblr-14249	311	27	translation	translation	NOUN
cblr-14249	311	28	of	of	ADP
cblr-14249	311	29	procter	procter	PROPN
cblr-14249	311	30	&	&	CCONJ
cblr-14249	311	31	gamble	gamble	PROPN
cblr-14249	311	32	.	.	PUNCT
cblr-14249	312	1	our	our	PRON
cblr-14249	312	2	continuing	continue	VERB
cblr-14249	312	3	evolution	evolution	NOUN
cblr-14249	312	4	on	on	ADP
cblr-14249	312	5	this	this	DET
cblr-14249	312	6	final	final	ADJ
cblr-14249	312	7	topic	topic	NOUN
cblr-14249	312	8	through	through	ADP
cblr-14249	312	9	multiple	multiple	ADJ
cblr-14249	312	10	administrations	administration	NOUN
cblr-14249	312	11	is	be	AUX
cblr-14249	312	12	critically	critically	ADV
cblr-14249	312	13	important	important	ADJ
cblr-14249	312	14	to	to	ADP
cblr-14249	312	15	competition	competition	NOUN
cblr-14249	312	16	in	in	ADP
cblr-14249	312	17	big	big	ADJ
cblr-14249	312	18	tech	tech	NOUN
cblr-14249	312	19	.	.	PUNCT
cblr-14249	313	1	in	in	ADP
cblr-14249	313	2	order	order	NOUN
cblr-14249	313	3	to	to	PART
cblr-14249	313	4	enable	enable	VERB
cblr-14249	313	5	competition	competition	NOUN
cblr-14249	313	6	in	in	ADP
cblr-14249	313	7	markets	market	NOUN
cblr-14249	313	8	with	with	ADP
cblr-14249	313	9	significant	significant	ADJ
cblr-14249	313	10	network	network	NOUN
cblr-14249	313	11	effects	effect	NOUN
cblr-14249	313	12	,	,	PUNCT
cblr-14249	313	13	we	we	PRON
cblr-14249	313	14	must	must	AUX
cblr-14249	313	15	have	have	VERB
cblr-14249	313	16	a	a	DET
cblr-14249	313	17	thoughtful	thoughtful	ADJ
cblr-14249	313	18	approach	approach	NOUN
cblr-14249	313	19	to	to	ADP
cblr-14249	313	20	mergers	merger	NOUN
cblr-14249	313	21	by	by	ADP
cblr-14249	313	22	already	already	ADV
cblr-14249	313	23	-	-	PUNCT
cblr-14249	313	24	dominant	dominant	ADJ
cblr-14249	313	25	firms	firm	NOUN
cblr-14249	313	26	that	that	PRON
cblr-14249	313	27	threaten	threaten	VERB
cblr-14249	313	28	to	to	PART
cblr-14249	313	29	entrench	entrench	VERB
cblr-14249	313	30	their	their	PRON
cblr-14249	313	31	market	market	NOUN
cblr-14249	313	32	power	power	NOUN
cblr-14249	313	33	.	.	PUNCT
cblr-14249	314	1	the	the	DET
cblr-14249	314	2	original	original	ADJ
cblr-14249	314	3	understanding	understanding	NOUN
cblr-14249	314	4	of	of	ADP
cblr-14249	314	5	procter	procter	PROPN
cblr-14249	314	6	&	&	CCONJ
cblr-14249	314	7	gamble	gamble	PROPN
cblr-14249	314	8	’s	’s	PART
cblr-14249	314	9	entrenchment	entrenchment	NOUN
cblr-14249	314	10	holding	holding	NOUN
cblr-14249	314	11	was	be	AUX
cblr-14249	314	12	not	not	PART
cblr-14249	314	13	particularly	particularly	ADV
cblr-14249	314	14	thoughtful	thoughtful	ADJ
cblr-14249	314	15	.	.	PUNCT
cblr-14249	315	1	the	the	DET
cblr-14249	315	2	case	case	NOUN
cblr-14249	315	3	states	state	VERB
cblr-14249	315	4	that	that	SCONJ
cblr-14249	315	5	“	"	PUNCT
cblr-14249	315	6	raising	raise	VERB
cblr-14249	315	7	entry	entry	NOUN
cblr-14249	315	8	barriers	barrier	NOUN
cblr-14249	315	9	”	"	PUNCT
cblr-14249	315	10	around	around	ADP
cblr-14249	315	11	an	an	DET
cblr-14249	315	12	already	already	ADV
cblr-14249	315	13	dominant	dominant	ADJ
cblr-14249	315	14	position	position	NOUN
cblr-14249	315	15	is	be	AUX
cblr-14249	315	16	anticompetitive	anticompetitive	ADJ
cblr-14249	315	17	for	for	ADP
cblr-14249	315	18	purposes	purpose	NOUN
cblr-14249	315	19	of	of	ADP
cblr-14249	315	20	the	the	DET
cblr-14249	315	21	clayton	clayton	PROPN
cblr-14249	315	22	act.56	act.56	SCONJ
cblr-14249	315	23	this	this	PRON
cblr-14249	315	24	sounds	sound	VERB
cblr-14249	315	25	a	a	DET
cblr-14249	315	26	little	little	ADJ
cblr-14249	315	27	like	like	ADP
cblr-14249	315	28	sherman	sherman	NOUN
cblr-14249	315	29	act	act	PROPN
cblr-14249	315	30	monopoly	monopoly	NOUN
cblr-14249	315	31	maintenance	maintenance	NOUN
cblr-14249	315	32	.	.	PUNCT
cblr-14249	316	1	but	but	CCONJ
cblr-14249	316	2	not	not	PART
cblr-14249	316	3	all	all	DET
cblr-14249	316	4	barriers	barrier	NOUN
cblr-14249	316	5	to	to	ADP
cblr-14249	316	6	entry	entry	NOUN
cblr-14249	316	7	are	be	AUX
cblr-14249	316	8	anticompetitive	anticompetitive	ADJ
cblr-14249	316	9	.	.	PUNCT
cblr-14249	317	1	being	be	AUX
cblr-14249	317	2	a	a	DET
cblr-14249	317	3	really	really	ADV
cblr-14249	317	4	forceful	forceful	ADJ
cblr-14249	317	5	and	and	CCONJ
cblr-14249	317	6	capable	capable	ADJ
cblr-14249	317	7	competitor	competitor	NOUN
cblr-14249	317	8	can	can	AUX
cblr-14249	317	9	scare	scare	VERB
cblr-14249	317	10	off	off	ADP
cblr-14249	317	11	other	other	ADJ
cblr-14249	317	12	firms	firm	NOUN
cblr-14249	317	13	from	from	ADP
cblr-14249	317	14	even	even	ADV
cblr-14249	317	15	trying	try	VERB
cblr-14249	317	16	.	.	PUNCT
cblr-14249	318	1	yet	yet	CCONJ
cblr-14249	318	2	early	early	ADJ
cblr-14249	318	3	applications	application	NOUN
cblr-14249	318	4	of	of	ADP
cblr-14249	318	5	procter	procter	PROPN
cblr-14249	318	6	&	&	CCONJ
cblr-14249	318	7	gamble	gamble	PROPN
cblr-14249	318	8	did	do	AUX
cblr-14249	318	9	not	not	PART
cblr-14249	318	10	distinguish	distinguish	VERB
cblr-14249	318	11	efficiencies	efficiency	NOUN
cblr-14249	318	12	from	from	ADP
cblr-14249	318	13	exclusionary	exclusionary	ADJ
cblr-14249	318	14	entrenchment	entrenchment	NOUN
cblr-14249	318	15	,	,	PUNCT
cblr-14249	318	16	and	and	CCONJ
cblr-14249	318	17	the	the	DET
cblr-14249	318	18	case	case	NOUN
cblr-14249	318	19	was	be	AUX
cblr-14249	318	20	relied	rely	VERB
cblr-14249	318	21	upon	upon	SCONJ
cblr-14249	318	22	for	for	ADP
cblr-14249	318	23	what	what	PRON
cblr-14249	318	24	some	some	PRON
cblr-14249	318	25	have	have	AUX
cblr-14249	318	26	called	call	VERB
cblr-14249	318	27	an	an	DET
cblr-14249	318	28	efficiencies	efficiency	NOUN
cblr-14249	318	29	offense.57	offense.57	ADJ
cblr-14249	318	30	56	56	NUM
cblr-14249	319	1	i	i	PRON
cblr-14249	319	2	d.	d.	PROPN
cblr-14249	319	3	at	at	ADP
cblr-14249	319	4	578	578	NUM
cblr-14249	319	5	;	;	PUNCT
cblr-14249	319	6	see	see	VERB
cblr-14249	319	7	also	also	ADV
cblr-14249	319	8	united	united	PROPN
cblr-14249	319	9	states	states	PROPN
cblr-14249	319	10	v.	v.	ADP
cblr-14249	319	11	anthem	anthem	PROPN
cblr-14249	319	12	,	,	PUNCT
cblr-14249	319	13	inc	inc	PROPN
cblr-14249	319	14	.	.	PROPN
cblr-14249	319	15	,	,	PUNCT
cblr-14249	319	16	855	855	NUM
cblr-14249	319	17	f.3d	f.3d	NUM
cblr-14249	319	18	345	345	NUM
cblr-14249	319	19	,	,	PUNCT
cblr-14249	319	20	354	354	NUM
cblr-14249	319	21	(	(	PUNCT
cblr-14249	319	22	d.c	d.c	PROPN
cblr-14249	319	23	.	.	PROPN
cblr-14249	319	24	cir	cir	PROPN
cblr-14249	319	25	.	.	PROPN
cblr-14249	319	26	2017	2017	NUM
cblr-14249	319	27	)	)	PUNCT
cblr-14249	319	28	(	(	PUNCT
cblr-14249	319	29	confirming	confirm	VERB
cblr-14249	319	30	that	that	SCONJ
cblr-14249	319	31	procter	procter	PROPN
cblr-14249	319	32	&	&	CCONJ
cblr-14249	319	33	gamble	gamble	PROPN
cblr-14249	319	34	remains	remain	VERB
cblr-14249	319	35	good	good	ADJ
cblr-14249	319	36	law	law	NOUN
cblr-14249	319	37	)	)	PUNCT
cblr-14249	319	38	.	.	PUNCT
cblr-14249	320	1	57	57	NUM
cblr-14249	320	2	see	see	NOUN
cblr-14249	320	3	,	,	PUNCT
cblr-14249	320	4	e.g.	e.g.	ADV
cblr-14249	320	5	,	,	PUNCT
cblr-14249	320	6	alden	alden	PROPN
cblr-14249	320	7	abbott	abbott	PROPN
cblr-14249	320	8	,	,	PUNCT
cblr-14249	320	9	oldie	oldie	PROPN
cblr-14249	320	10	-	-	PUNCT
cblr-14249	320	11	but	but	CCONJ
cblr-14249	320	12	-	-	PUNCT
cblr-14249	320	13	baddie	baddie	NOUN
cblr-14249	320	14	:	:	PUNCT
cblr-14249	320	15	the	the	DET
cblr-14249	320	16	revival	revival	NOUN
cblr-14249	320	17	of	of	ADP
cblr-14249	320	18	an	an	DET
cblr-14249	320	19	antitrust	antitrust	ADJ
cblr-14249	320	20	‘	'	PUNCT
cblr-14249	320	21	efficiencies	efficiency	NOUN
cblr-14249	320	22	offense	offense	NOUN
cblr-14249	320	23	’	'	PUNCT
cblr-14249	320	24	?	?	PUNCT
cblr-14249	320	25	,	,	PUNCT
cblr-14249	320	26	truth	truth	NOUN
cblr-14249	320	27	on	on	ADP
cblr-14249	320	28	the	the	DET
cblr-14249	320	29	market	market	NOUN
cblr-14249	320	30	(	(	PUNCT
cblr-14249	320	31	dec	dec	PROPN
cblr-14249	320	32	.	.	PROPN
cblr-14249	320	33	7	7	NUM
cblr-14249	320	34	,	,	PUNCT
cblr-14249	320	35	2021	2021	NUM
cblr-14249	320	36	)	)	PUNCT
cblr-14249	320	37	,	,	PUNCT
cblr-14249	320	38	https://truthonthemarket.com/2021/12/07/oldie-butbaddie-the-revival-of-an-antitrust-efficienciesoffense/?utm_campaign=competition%20corner%20by	https://truthonthemarket.com/2021/12/07/oldie-butbaddie-the-revival-of-an-antitrust-efficienciesoffense/?utm_campaign=competition%20corner%20by	PROPN
cblr-14249	320	39	no	no	NOUN
cblr-14249	320	40	.	.	NOUN
cblr-14249	321	1	1	1	NUM
cblr-14249	321	2	]	]	X
cblr-14249	321	3	contemporary	contemporary	ADJ
cblr-14249	321	4	merger	merger	NOUN
cblr-14249	321	5	review	review	NOUN
cblr-14249	321	6	under	under	ADP
cblr-14249	321	7	the	the	DET
cblr-14249	321	8	rule	rule	NOUN
cblr-14249	321	9	of	of	ADP
cblr-14249	321	10	law	law	NOUN
cblr-14249	321	11	123	123	NUM
cblr-14249	321	12	that	that	PRON
cblr-14249	321	13	gave	give	VERB
cblr-14249	321	14	way	way	NOUN
cblr-14249	321	15	to	to	ADP
cblr-14249	321	16	a	a	DET
cblr-14249	321	17	second	second	ADJ
cblr-14249	321	18	era	era	NOUN
cblr-14249	321	19	of	of	ADP
cblr-14249	321	20	thinking	think	VERB
cblr-14249	321	21	about	about	ADP
cblr-14249	321	22	entrenchment	entrenchment	NOUN
cblr-14249	321	23	in	in	ADP
cblr-14249	321	24	which	which	PRON
cblr-14249	321	25	the	the	DET
cblr-14249	321	26	concern	concern	NOUN
cblr-14249	321	27	was	be	AUX
cblr-14249	321	28	rejected	reject	VERB
cblr-14249	321	29	altogether	altogether	ADV
cblr-14249	321	30	.	.	PUNCT
cblr-14249	322	1	beginning	begin	VERB
cblr-14249	322	2	in	in	ADP
cblr-14249	322	3	the	the	DET
cblr-14249	322	4	1970s	1970	NOUN
cblr-14249	322	5	and	and	CCONJ
cblr-14249	322	6	1980s	1980	NOUN
cblr-14249	322	7	,	,	PUNCT
cblr-14249	322	8	the	the	DET
cblr-14249	322	9	u.s	u.s	PROPN
cblr-14249	322	10	.	.	PROPN
cblr-14249	322	11	agencies	agency	NOUN
cblr-14249	322	12	rejected	reject	VERB
cblr-14249	322	13	the	the	DET
cblr-14249	322	14	premise	premise	NOUN
cblr-14249	322	15	that	that	SCONJ
cblr-14249	322	16	we	we	PRON
cblr-14249	322	17	should	should	AUX
cblr-14249	322	18	be	be	AUX
cblr-14249	322	19	concerned	concern	VERB
cblr-14249	322	20	with	with	ADP
cblr-14249	322	21	mergers	merger	NOUN
cblr-14249	322	22	that	that	PRON
cblr-14249	322	23	entrench	entrench	VERB
cblr-14249	322	24	power	power	NOUN
cblr-14249	322	25	and	and	CCONJ
cblr-14249	322	26	purged	purge	VERB
cblr-14249	322	27	any	any	DET
cblr-14249	322	28	mention	mention	NOUN
cblr-14249	322	29	of	of	ADP
cblr-14249	322	30	the	the	DET
cblr-14249	322	31	theory	theory	NOUN
cblr-14249	322	32	altogether	altogether	ADV
cblr-14249	322	33	.	.	PUNCT
cblr-14249	323	1	but	but	CCONJ
cblr-14249	323	2	many	many	ADJ
cblr-14249	323	3	barriers	barrier	NOUN
cblr-14249	323	4	to	to	ADP
cblr-14249	323	5	entry	entry	NOUN
cblr-14249	323	6	are	be	AUX
cblr-14249	323	7	anticompetitive	anticompetitive	ADJ
cblr-14249	323	8	.	.	PUNCT
cblr-14249	324	1	indeed	indeed	ADV
cblr-14249	324	2	,	,	PUNCT
cblr-14249	324	3	many	many	ADJ
cblr-14249	324	4	firms	firm	NOUN
cblr-14249	324	5	lessen	lessen	VERB
cblr-14249	324	6	competition	competition	NOUN
cblr-14249	324	7	by	by	ADP
cblr-14249	324	8	keeping	keep	VERB
cblr-14249	324	9	would	would	AUX
cblr-14249	324	10	-	-	PUNCT
cblr-14249	324	11	be	be	AUX
cblr-14249	324	12	entrants	entrant	NOUN
cblr-14249	324	13	out	out	ADP
cblr-14249	324	14	of	of	ADP
cblr-14249	324	15	the	the	DET
cblr-14249	324	16	market	market	NOUN
cblr-14249	324	17	.	.	PUNCT
cblr-14249	325	1	for	for	ADP
cblr-14249	325	2	example	example	NOUN
cblr-14249	325	3	,	,	PUNCT
cblr-14249	325	4	economics	economic	NOUN
cblr-14249	325	5	teaches	teach	VERB
cblr-14249	325	6	us	we	PRON
cblr-14249	325	7	that	that	SCONJ
cblr-14249	325	8	when	when	SCONJ
cblr-14249	325	9	you	you	PRON
cblr-14249	325	10	control	control	VERB
cblr-14249	325	11	a	a	DET
cblr-14249	325	12	rivals	rival	NOUN
cblr-14249	325	13	’	'	PUNCT
cblr-14249	325	14	complements	complement	NOUN
cblr-14249	325	15	,	,	PUNCT
cblr-14249	325	16	you	you	PRON
cblr-14249	325	17	can	can	AUX
cblr-14249	325	18	make	make	VERB
cblr-14249	325	19	it	it	PRON
cblr-14249	325	20	harder	hard	ADV
cblr-14249	325	21	or	or	CCONJ
cblr-14249	325	22	less	less	ADV
cblr-14249	325	23	attractive	attractive	ADJ
cblr-14249	325	24	for	for	SCONJ
cblr-14249	325	25	them	they	PRON
cblr-14249	325	26	to	to	PART
cblr-14249	325	27	enter	enter	VERB
cblr-14249	325	28	.	.	PUNCT
cblr-14249	326	1	or	or	CCONJ
cblr-14249	326	2	when	when	SCONJ
cblr-14249	326	3	you	you	PRON
cblr-14249	326	4	annex	annex	VERB
cblr-14249	326	5	a	a	DET
cblr-14249	326	6	tool	tool	NOUN
cblr-14249	326	7	that	that	PRON
cblr-14249	326	8	enables	enable	VERB
cblr-14249	326	9	multi	multi	ADJ
cblr-14249	326	10	-	-	ADJ
cblr-14249	326	11	homing	home	VERB
cblr-14249	326	12	across	across	ADP
cblr-14249	326	13	platforms	platform	NOUN
cblr-14249	326	14	,	,	PUNCT
cblr-14249	326	15	you	you	PRON
cblr-14249	326	16	can	can	AUX
cblr-14249	326	17	shut	shut	VERB
cblr-14249	326	18	down	down	ADP
cblr-14249	326	19	platform	platform	NOUN
cblr-14249	326	20	interoperability	interoperability	NOUN
cblr-14249	326	21	and	and	CCONJ
cblr-14249	326	22	stifle	stifle	VERB
cblr-14249	326	23	competition.58	competition.58	NOUN
cblr-14249	326	24	exclusionary	exclusionary	ADJ
cblr-14249	326	25	barriers	barrier	NOUN
cblr-14249	326	26	to	to	ADP
cblr-14249	326	27	entry	entry	NOUN
cblr-14249	326	28	are	be	AUX
cblr-14249	326	29	the	the	DET
cblr-14249	326	30	bane	bane	NOUN
cblr-14249	326	31	of	of	ADP
cblr-14249	326	32	dynamic	dynamic	ADJ
cblr-14249	326	33	markets	market	NOUN
cblr-14249	326	34	.	.	PUNCT
cblr-14249	327	1	by	by	ADP
cblr-14249	327	2	definition	definition	NOUN
cblr-14249	327	3	,	,	PUNCT
cblr-14249	327	4	the	the	PRON
cblr-14249	327	5	higher	high	ADJ
cblr-14249	327	6	the	the	DET
cblr-14249	327	7	costs	cost	NOUN
cblr-14249	327	8	of	of	ADP
cblr-14249	327	9	entry	entry	NOUN
cblr-14249	327	10	for	for	ADP
cblr-14249	327	11	innovators	innovator	NOUN
cblr-14249	327	12	and	and	CCONJ
cblr-14249	327	13	entrepreneurs	entrepreneur	NOUN
cblr-14249	327	14	,	,	PUNCT
cblr-14249	327	15	the	the	PRON
cblr-14249	327	16	lower	low	ADJ
cblr-14249	327	17	their	their	PRON
cblr-14249	327	18	return	return	NOUN
cblr-14249	327	19	on	on	ADP
cblr-14249	327	20	investment	investment	NOUN
cblr-14249	327	21	for	for	ADP
cblr-14249	327	22	innovation	innovation	NOUN
cblr-14249	327	23	and	and	CCONJ
cblr-14249	327	24	ingenuity	ingenuity	NOUN
cblr-14249	327	25	.	.	PUNCT
cblr-14249	328	1	in	in	ADP
cblr-14249	328	2	this	this	DET
cblr-14249	328	3	way	way	NOUN
cblr-14249	328	4	,	,	PUNCT
cblr-14249	328	5	exclusionary	exclusionary	ADJ
cblr-14249	328	6	barriers	barrier	NOUN
cblr-14249	328	7	to	to	ADP
cblr-14249	328	8	entry	entry	NOUN
cblr-14249	328	9	discourage	discourage	NOUN
cblr-14249	328	10	innovation	innovation	NOUN
cblr-14249	328	11	,	,	PUNCT
cblr-14249	328	12	reduce	reduce	VERB
cblr-14249	328	13	investment	investment	NOUN
cblr-14249	328	14	,	,	PUNCT
cblr-14249	328	15	and	and	CCONJ
cblr-14249	328	16	stifle	stifle	VERB
cblr-14249	328	17	dynamic	dynamic	ADJ
cblr-14249	328	18	competition	competition	NOUN
cblr-14249	328	19	.	.	PUNCT
cblr-14249	329	1	or	or	CCONJ
cblr-14249	329	2	to	to	PART
cblr-14249	329	3	use	use	VERB
cblr-14249	329	4	the	the	DET
cblr-14249	329	5	language	language	NOUN
cblr-14249	329	6	of	of	ADP
cblr-14249	329	7	economic	economic	ADJ
cblr-14249	329	8	forces	force	NOUN
cblr-14249	329	9	:	:	PUNCT
cblr-14249	329	10	conduct	conduct	VERB
cblr-14249	329	11	harms	harm	VERB
cblr-14249	329	12	competition	competition	NOUN
cblr-14249	329	13	when	when	SCONJ
cblr-14249	329	14	it	it	PRON
cblr-14249	329	15	makes	make	VERB
cblr-14249	329	16	rivals	rival	NOUN
cblr-14249	329	17	or	or	CCONJ
cblr-14249	329	18	would	would	AUX
cblr-14249	329	19	-	-	PUNCT
cblr-14249	329	20	be	be	AUX
cblr-14249	329	21	rivals	rival	NOUN
cblr-14249	329	22	less	less	ADJ
cblr-14249	329	23	forceful	forceful	ADJ
cblr-14249	329	24	competitors	competitor	NOUN
cblr-14249	329	25	by	by	ADP
cblr-14249	329	26	inhibiting	inhibit	VERB
cblr-14249	329	27	their	their	PRON
cblr-14249	329	28	access	access	NOUN
cblr-14249	329	29	to	to	ADP
cblr-14249	329	30	complements	complement	NOUN
cblr-14249	329	31	.	.	PUNCT
cblr-14249	330	1	the	the	DET
cblr-14249	330	2	second	second	ADJ
cblr-14249	330	3	era	era	NOUN
cblr-14249	330	4	of	of	ADP
cblr-14249	330	5	entrenchment	entrenchment	NOUN
cblr-14249	330	6	overcorrected	overcorrecte	VERB
cblr-14249	330	7	.	.	PUNCT
cblr-14249	331	1	we	we	PRON
cblr-14249	331	2	see	see	VERB
cblr-14249	331	3	that	that	SCONJ
cblr-14249	331	4	in	in	ADP
cblr-14249	331	5	widespread	widespread	ADJ
cblr-14249	331	6	concerns	concern	NOUN
cblr-14249	331	7	about	about	ADP
cblr-14249	331	8	the	the	DET
cblr-14249	331	9	dominance	dominance	NOUN
cblr-14249	331	10	of	of	ADP
cblr-14249	331	11	today	today	NOUN
cblr-14249	331	12	’s	’s	PART
cblr-14249	331	13	big	big	ADJ
cblr-14249	331	14	tech	tech	NOUN
cblr-14249	331	15	firms	firm	NOUN
cblr-14249	331	16	and	and	CCONJ
cblr-14249	331	17	the	the	DET
cblr-14249	331	18	constraints	constraint	NOUN
cblr-14249	331	19	they	they	PRON
cblr-14249	331	20	place	place	VERB
cblr-14249	331	21	on	on	ADP
cblr-14249	331	22	little	little	ADJ
cblr-14249	331	23	tech	tech	NOUN
cblr-14249	331	24	’s	’s	PART
cblr-14249	331	25	ability	ability	NOUN
cblr-14249	331	26	to	to	PART
cblr-14249	331	27	invest	invest	VERB
cblr-14249	331	28	,	,	PUNCT
cblr-14249	331	29	thrive	thrive	VERB
cblr-14249	331	30	,	,	PUNCT
cblr-14249	331	31	and	and	CCONJ
cblr-14249	331	32	grow	grow	VERB
cblr-14249	331	33	.	.	PUNCT
cblr-14249	332	1	we	we	PRON
cblr-14249	332	2	now	now	ADV
cblr-14249	332	3	recognize	recognize	VERB
cblr-14249	332	4	that	that	SCONJ
cblr-14249	332	5	the	the	DET
cblr-14249	332	6	same	same	ADJ
cblr-14249	332	7	monopoly	monopoly	NOUN
cblr-14249	332	8	maintenance	maintenance	NOUN
cblr-14249	332	9	concerns	concern	NOUN
cblr-14249	332	10	that	that	PRON
cblr-14249	332	11	animate	animate	VERB
cblr-14249	332	12	our	our	PRON
cblr-14249	332	13	ongoing	ongoing	ADJ
cblr-14249	332	14	sherman	sherman	PROPN
cblr-14249	332	15	act	act	PROPN
cblr-14249	332	16	cases	case	NOUN
cblr-14249	332	17	also	also	ADV
cblr-14249	332	18	have	have	VERB
cblr-14249	332	19	relevance	relevance	NOUN
cblr-14249	332	20	to	to	ADP
cblr-14249	332	21	a	a	DET
cblr-14249	332	22	clayton	clayton	PROPN
cblr-14249	332	23	act	act	NOUN
cblr-14249	332	24	designed	design	VERB
cblr-14249	332	25	to	to	PART
cblr-14249	332	26	prevent	prevent	VERB
cblr-14249	332	27	the	the	DET
cblr-14249	332	28	tendency	tendency	NOUN
cblr-14249	332	29	toward	toward	ADP
cblr-14249	332	30	monopoly	monopoly	NOUN
cblr-14249	332	31	in	in	ADP
cblr-14249	332	32	its	its	PRON
cblr-14249	332	33	incipiency	incipiency	NOUN
cblr-14249	332	34	.	.	PUNCT
cblr-14249	333	1	%	%	NOUN
cblr-14249	333	2	20alden%20abbott&utm_medium	20alden%20abbott&utm_medium	NOUN
cblr-14249	334	1	=	=	NOUN
cblr-14249	334	2	email&utm_sourc	email&utm_sourc	NUM
cblr-14249	334	3	e	e	NOUN
cblr-14249	334	4	=	=	NOUN
cblr-14249	334	5	revue%20newsletter	revue%20newsletter	X
cblr-14249	334	6	[	[	X
cblr-14249	334	7	https://perma.cc/b6dx-6ngk	https://perma.cc/b6dx-6ngk	NOUN
cblr-14249	334	8	]	]	X
cblr-14249	334	9	.	.	PUNCT
cblr-14249	335	1	58	58	NUM
cblr-14249	335	2	susan	susan	PROPN
cblr-14249	335	3	athey	athey	PROPN
cblr-14249	335	4	&	&	CCONJ
cblr-14249	335	5	fiona	fiona	PROPN
cblr-14249	335	6	scott	scott	PROPN
cblr-14249	335	7	morton	morton	PROPN
cblr-14249	335	8	,	,	PUNCT
cblr-14249	335	9	platform	platform	NOUN
cblr-14249	335	10	annexation	annexation	NOUN
cblr-14249	335	11	,	,	PUNCT
cblr-14249	335	12	84	84	NUM
cblr-14249	335	13	antitrust	antitrust	ADJ
cblr-14249	335	14	l.j	l.j	NOUN
cblr-14249	335	15	.	.	PROPN
cblr-14249	335	16	677	677	NUM
cblr-14249	335	17	(	(	PUNCT
cblr-14249	335	18	2022	2022	NUM
cblr-14249	335	19	)	)	PUNCT
cblr-14249	335	20	.	.	PUNCT
cblr-14249	336	1	124	124	NUM
cblr-14249	336	2	columbia	columbia	PROPN
cblr-14249	336	3	business	business	NOUN
cblr-14249	336	4	law	law	PROPN
cblr-14249	336	5	review	review	NOUN
cblr-14249	336	6	[	[	X
cblr-14249	336	7	vol	vol	NOUN
cblr-14249	336	8	.	.	PUNCT
cblr-14249	336	9	2025	2025	NUM
cblr-14249	336	10	we	we	PRON
cblr-14249	336	11	are	be	AUX
cblr-14249	336	12	now	now	ADV
cblr-14249	336	13	in	in	ADP
cblr-14249	336	14	what	what	PRON
cblr-14249	336	15	i	i	PRON
cblr-14249	336	16	think	think	VERB
cblr-14249	336	17	of	of	ADP
cblr-14249	336	18	as	as	ADP
cblr-14249	336	19	the	the	DET
cblr-14249	336	20	third	third	ADJ
cblr-14249	336	21	era	era	NOUN
cblr-14249	336	22	in	in	ADP
cblr-14249	336	23	the	the	DET
cblr-14249	336	24	history	history	NOUN
cblr-14249	336	25	of	of	ADP
cblr-14249	336	26	the	the	DET
cblr-14249	336	27	antitrust	antitrust	ADJ
cblr-14249	336	28	division	division	NOUN
cblr-14249	336	29	’s	’s	PART
cblr-14249	336	30	approach	approach	NOUN
cblr-14249	336	31	to	to	ADP
cblr-14249	336	32	entrenchment	entrenchment	ADJ
cblr-14249	336	33	theories	theory	NOUN
cblr-14249	336	34	in	in	ADP
cblr-14249	336	35	merger	merger	NOUN
cblr-14249	336	36	review	review	NOUN
cblr-14249	336	37	.	.	PUNCT
cblr-14249	337	1	in	in	ADP
cblr-14249	337	2	this	this	DET
cblr-14249	337	3	modern	modern	ADJ
cblr-14249	337	4	era	era	NOUN
cblr-14249	337	5	,	,	PUNCT
cblr-14249	337	6	the	the	DET
cblr-14249	337	7	agencies	agency	NOUN
cblr-14249	337	8	are	be	AUX
cblr-14249	337	9	developing	develop	VERB
cblr-14249	337	10	a	a	DET
cblr-14249	337	11	more	more	ADV
cblr-14249	337	12	systematic	systematic	ADJ
cblr-14249	337	13	and	and	CCONJ
cblr-14249	337	14	nuanced	nuanced	ADJ
cblr-14249	337	15	approach	approach	NOUN
cblr-14249	337	16	to	to	ADP
cblr-14249	337	17	entrenchment	entrenchment	NOUN
cblr-14249	337	18	in	in	ADP
cblr-14249	337	19	the	the	DET
cblr-14249	337	20	united	united	PROPN
cblr-14249	337	21	states	states	PROPN
cblr-14249	337	22	targeted	target	VERB
cblr-14249	337	23	at	at	ADP
cblr-14249	337	24	mergers	merger	NOUN
cblr-14249	337	25	that	that	PRON
cblr-14249	337	26	threaten	threaten	VERB
cblr-14249	337	27	exclusion	exclusion	NOUN
cblr-14249	337	28	harmful	harmful	ADJ
cblr-14249	337	29	to	to	ADP
cblr-14249	337	30	competition	competition	NOUN
cblr-14249	337	31	.	.	PUNCT
cblr-14249	338	1	this	this	DET
cblr-14249	338	2	third	third	ADJ
cblr-14249	338	3	era	era	NOUN
cblr-14249	338	4	began	begin	VERB
cblr-14249	338	5	in	in	ADP
cblr-14249	338	6	the	the	DET
cblr-14249	338	7	years	year	NOUN
cblr-14249	338	8	following	follow	VERB
cblr-14249	338	9	the	the	DET
cblr-14249	338	10	release	release	NOUN
cblr-14249	338	11	of	of	ADP
cblr-14249	338	12	the	the	DET
cblr-14249	338	13	2010	2010	NUM
cblr-14249	338	14	horizontal	horizontal	ADJ
cblr-14249	338	15	guidelines	guideline	NOUN
cblr-14249	338	16	,	,	PUNCT
cblr-14249	338	17	which	which	PRON
cblr-14249	338	18	added	add	VERB
cblr-14249	338	19	a	a	DET
cblr-14249	338	20	concern	concern	NOUN
cblr-14249	338	21	of	of	ADP
cblr-14249	338	22	mergers	merger	NOUN
cblr-14249	338	23	that	that	PRON
cblr-14249	338	24	“	"	PUNCT
cblr-14249	338	25	entrench	entrench	VERB
cblr-14249	338	26	.	.	PUNCT
cblr-14249	338	27	.	.	PUNCT
cblr-14249	338	28	.	.	PUNCT
cblr-14249	339	1	market	market	NOUN
cblr-14249	339	2	power	power	NOUN
cblr-14249	339	3	,	,	PUNCT
cblr-14249	339	4	”	"	PUNCT
cblr-14249	339	5	without	without	ADP
cblr-14249	339	6	further	further	ADJ
cblr-14249	339	7	explanation	explanation	NOUN
cblr-14249	339	8	in	in	ADP
cblr-14249	339	9	the	the	DET
cblr-14249	339	10	sentence	sentence	NOUN
cblr-14249	339	11	setting	set	VERB
cblr-14249	339	12	forth	forth	ADP
cblr-14249	339	13	the	the	DET
cblr-14249	339	14	guidelines	guideline	NOUN
cblr-14249	339	15	’	'	PUNCT
cblr-14249	339	16	unifying	unify	VERB
cblr-14249	339	17	theme.59	theme.59	NOUN
cblr-14249	339	18	in	in	ADP
cblr-14249	339	19	2015	2015	NUM
cblr-14249	339	20	,	,	PUNCT
cblr-14249	339	21	the	the	DET
cblr-14249	339	22	antitrust	antitrust	ADJ
cblr-14249	339	23	division	division	NOUN
cblr-14249	339	24	and	and	CCONJ
cblr-14249	339	25	federal	federal	ADJ
cblr-14249	339	26	communications	communication	NOUN
cblr-14249	339	27	commission	commission	NOUN
cblr-14249	339	28	raised	raise	VERB
cblr-14249	339	29	concerns	concern	NOUN
cblr-14249	339	30	with	with	ADP
cblr-14249	339	31	the	the	DET
cblr-14249	339	32	merger	merger	NOUN
cblr-14249	339	33	of	of	ADP
cblr-14249	339	34	comcast	comcast	PROPN
cblr-14249	339	35	and	and	CCONJ
cblr-14249	339	36	time	time	NOUN
cblr-14249	339	37	warner	warner	PROPN
cblr-14249	339	38	cable	cable	NOUN
cblr-14249	339	39	.	.	PUNCT
cblr-14249	340	1	although	although	SCONJ
cblr-14249	340	2	the	the	DET
cblr-14249	340	3	companies	company	NOUN
cblr-14249	340	4	did	do	AUX
cblr-14249	340	5	not	not	PART
cblr-14249	340	6	overlap	overlap	VERB
cblr-14249	340	7	geographically	geographically	ADV
cblr-14249	340	8	,	,	PUNCT
cblr-14249	340	9	they	they	PRON
cblr-14249	340	10	owned	own	VERB
cblr-14249	340	11	about	about	ADP
cblr-14249	340	12	a	a	DET
cblr-14249	340	13	combined	combine	VERB
cblr-14249	340	14	two	two	NUM
cblr-14249	340	15	-	-	PUNCT
cblr-14249	340	16	thirds	third	NOUN
cblr-14249	340	17	of	of	ADP
cblr-14249	340	18	the	the	DET
cblr-14249	340	19	nation	nation	NOUN
cblr-14249	340	20	’s	’s	PART
cblr-14249	340	21	broadband	broadband	NOUN
cblr-14249	340	22	connections	connection	NOUN
cblr-14249	340	23	,	,	PUNCT
cblr-14249	340	24	and	and	CCONJ
cblr-14249	340	25	they	they	PRON
cblr-14249	340	26	had	have	VERB
cblr-14249	340	27	a	a	DET
cblr-14249	340	28	shared	share	VERB
cblr-14249	340	29	incentive	incentive	NOUN
cblr-14249	340	30	to	to	PART
cblr-14249	340	31	discourage	discourage	VERB
cblr-14249	340	32	future	future	ADJ
cblr-14249	340	33	innovation.60	innovation.60	NOUN
cblr-14249	340	34	the	the	DET
cblr-14249	340	35	merger	merger	NOUN
cblr-14249	340	36	was	be	AUX
cblr-14249	340	37	abandoned	abandon	VERB
cblr-14249	340	38	after	after	SCONJ
cblr-14249	340	39	both	both	DET
cblr-14249	340	40	agencies	agency	NOUN
cblr-14249	340	41	expressed	express	VERB
cblr-14249	340	42	their	their	PRON
cblr-14249	340	43	concerns.61	concerns.61	NOUN
cblr-14249	340	44	assistant	assistant	NOUN
cblr-14249	340	45	attorney	attorney	NOUN
cblr-14249	340	46	general	general	PROPN
cblr-14249	340	47	bill	bill	PROPN
cblr-14249	340	48	59	59	NUM
cblr-14249	340	49	u.s	u.s	PROPN
cblr-14249	340	50	.	.	PROPN
cblr-14249	340	51	dep’t	dep’t	NOUN
cblr-14249	340	52	of	of	ADP
cblr-14249	340	53	just	just	ADV
cblr-14249	340	54	.	.	PUNCT
cblr-14249	340	55	&	&	CCONJ
cblr-14249	340	56	fed	fed	PROPN
cblr-14249	340	57	.	.	PUNCT
cblr-14249	341	1	trade	trade	PROPN
cblr-14249	341	2	comm’n	comm’n	NOUN
cblr-14249	341	3	,	,	PUNCT
cblr-14249	341	4	horizontal	horizontal	ADJ
cblr-14249	341	5	merger	merger	NOUN
cblr-14249	341	6	guidelines	guideline	NOUN
cblr-14249	341	7	(	(	PUNCT
cblr-14249	341	8	2010	2010	NUM
cblr-14249	341	9	)	)	PUNCT
cblr-14249	341	10	,	,	PUNCT
cblr-14249	341	11	https://www.justice.gov/atr/file/810276/dl?inline	https://www.justice.gov/atr/file/810276/dl?inline	PROPN
cblr-14249	341	12	[	[	X
cblr-14249	341	13	https://perma.cc/f58e-u43v	https://perma.cc/f58e-u43v	X
cblr-14249	341	14	]	]	X
cblr-14249	341	15	.	.	PUNCT
cblr-14249	342	1	60	60	NUM
cblr-14249	342	2	see	see	VERB
cblr-14249	342	3	edward	edward	PROPN
cblr-14249	342	4	wyatt	wyatt	PROPN
cblr-14249	342	5	,	,	PUNCT
cblr-14249	342	6	senate	senate	PROPN
cblr-14249	342	7	panel	panel	NOUN
cblr-14249	342	8	expresses	express	VERB
cblr-14249	342	9	caution	caution	NOUN
cblr-14249	342	10	on	on	ADP
cblr-14249	342	11	merger	merger	NOUN
cblr-14249	342	12	of	of	ADP
cblr-14249	342	13	cable	cable	NOUN
cblr-14249	342	14	giants	giant	NOUN
cblr-14249	342	15	,	,	PUNCT
cblr-14249	342	16	n.y	n.y	PROPN
cblr-14249	342	17	.	.	PROPN
cblr-14249	342	18	times	times	PROPN
cblr-14249	342	19	(	(	PUNCT
cblr-14249	342	20	apr	apr	PROPN
cblr-14249	342	21	.	.	PROPN
cblr-14249	342	22	9	9	NUM
cblr-14249	342	23	,	,	PUNCT
cblr-14249	342	24	2014	2014	NUM
cblr-14249	342	25	)	)	PUNCT
cblr-14249	342	26	,	,	PUNCT
cblr-14249	343	1	https://www.nytimes.com/2014/04/10/business/media/se	https://www.nytimes.com/2014/04/10/business/media/se	PROPN
cblr-14249	343	2	nate-committee-begins-its-review-of-comcastdeal.html?_r=0	nate-committee-begins-its-review-of-comcastdeal.html?_r=0	PROPN
cblr-14249	343	3	[	[	X
cblr-14249	343	4	https://perma.cc/tax9-2q2	https://perma.cc/tax9-2q2	X
cblr-14249	343	5	t	t	X
cblr-14249	343	6	]	]	PUNCT
cblr-14249	343	7	.	.	PUNCT
cblr-14249	344	1	61	61	NUM
cblr-14249	344	2	press	press	NOUN
cblr-14249	344	3	release	release	NOUN
cblr-14249	344	4	,	,	PUNCT
cblr-14249	344	5	u.s	u.s	PROPN
cblr-14249	344	6	.	.	PROPN
cblr-14249	344	7	dep’t	dep’t	NOUN
cblr-14249	344	8	of	of	ADP
cblr-14249	344	9	just	just	ADV
cblr-14249	344	10	.	.	PUNCT
cblr-14249	344	11	,	,	PUNCT
cblr-14249	344	12	comcast	comcast	PROPN
cblr-14249	344	13	corporation	corporation	NOUN
cblr-14249	344	14	abandons	abandon	VERB
cblr-14249	344	15	proposed	propose	VERB
cblr-14249	344	16	acquisition	acquisition	NOUN
cblr-14249	344	17	of	of	ADP
cblr-14249	344	18	time	time	NOUN
cblr-14249	344	19	warner	warner	PROPN
cblr-14249	344	20	cable	cable	PROPN
cblr-14249	344	21	after	after	SCONJ
cblr-14249	344	22	justice	justice	PROPN
cblr-14249	344	23	department	department	PROPN
cblr-14249	344	24	and	and	CCONJ
cblr-14249	344	25	the	the	DET
cblr-14249	344	26	federal	federal	PROPN
cblr-14249	344	27	communications	communications	PROPN
cblr-14249	344	28	commission	commission	NOUN
cblr-14249	344	29	informed	inform	VERB
cblr-14249	344	30	parties	party	NOUN
cblr-14249	344	31	of	of	ADP
cblr-14249	344	32	concerns	concern	NOUN
cblr-14249	344	33	(	(	PUNCT
cblr-14249	344	34	apr	apr	NOUN
cblr-14249	344	35	.	.	PROPN
cblr-14249	344	36	24	24	NUM
cblr-14249	344	37	,	,	PUNCT
cblr-14249	344	38	2025	2025	NUM
cblr-14249	344	39	)	)	PUNCT
cblr-14249	344	40	,	,	PUNCT
cblr-14249	344	41	https://www.justice.gov/archives/opa/pr/comcast	https://www.justice.gov/archives/opa/pr/comcast	PROPN
cblr-14249	344	42	no	no	NOUN
cblr-14249	344	43	.	.	NOUN
cblr-14249	345	1	1	1	NUM
cblr-14249	345	2	]	]	X
cblr-14249	345	3	contemporary	contemporary	ADJ
cblr-14249	345	4	merger	merger	NOUN
cblr-14249	345	5	review	review	NOUN
cblr-14249	345	6	under	under	ADP
cblr-14249	345	7	the	the	DET
cblr-14249	345	8	rule	rule	NOUN
cblr-14249	345	9	of	of	ADP
cblr-14249	345	10	law	law	NOUN
cblr-14249	345	11	125	125	NUM
cblr-14249	345	12	baer	baer	PROPN
cblr-14249	345	13	explained	explain	VERB
cblr-14249	345	14	to	to	ADP
cblr-14249	345	15	a	a	DET
cblr-14249	345	16	chatham	chatham	PROPN
cblr-14249	345	17	house	house	PROPN
cblr-14249	345	18	conference	conference	NOUN
cblr-14249	345	19	in	in	ADP
cblr-14249	345	20	2015	2015	NUM
cblr-14249	345	21	that	that	PRON
cblr-14249	345	22	the	the	DET
cblr-14249	345	23	merger	merger	NOUN
cblr-14249	345	24	would	would	AUX
cblr-14249	345	25	further	far	ADV
cblr-14249	345	26	entrench	entrench	VERB
cblr-14249	345	27	these	these	DET
cblr-14249	345	28	incumbents	incumbent	NOUN
cblr-14249	345	29	,	,	PUNCT
cblr-14249	345	30	threatening	threaten	VERB
cblr-14249	345	31	innovation.62	innovation.62	NOUN
cblr-14249	345	32	then	then	ADV
cblr-14249	345	33	in	in	ADP
cblr-14249	345	34	the	the	DET
cblr-14249	345	35	first	first	ADJ
cblr-14249	345	36	trump	trump	NOUN
cblr-14249	345	37	administration	administration	NOUN
cblr-14249	345	38	,	,	PUNCT
cblr-14249	345	39	we	we	PRON
cblr-14249	345	40	saw	see	VERB
cblr-14249	345	41	the	the	DET
cblr-14249	345	42	u.s	u.s	PROPN
cblr-14249	345	43	.	.	PROPN
cblr-14249	345	44	articulate	articulate	VERB
cblr-14249	345	45	an	an	DET
cblr-14249	345	46	entrenchment	entrenchment	ADJ
cblr-14249	345	47	theory	theory	NOUN
cblr-14249	345	48	in	in	ADP
cblr-14249	345	49	a	a	DET
cblr-14249	345	50	legal	legal	ADJ
cblr-14249	345	51	pleading	pleading	NOUN
cblr-14249	345	52	for	for	ADP
cblr-14249	345	53	the	the	DET
cblr-14249	345	54	first	first	ADJ
cblr-14249	345	55	time	time	NOUN
cblr-14249	345	56	in	in	ADP
cblr-14249	345	57	decades	decade	NOUN
cblr-14249	345	58	.	.	PUNCT
cblr-14249	346	1	in	in	ADP
cblr-14249	346	2	challenging	challenge	VERB
cblr-14249	346	3	visa	visa	NOUN
cblr-14249	346	4	’s	’s	PART
cblr-14249	346	5	acquisition	acquisition	NOUN
cblr-14249	346	6	of	of	ADP
cblr-14249	346	7	payment	payment	NOUN
cblr-14249	346	8	technology	technology	NOUN
cblr-14249	346	9	provider	provider	NOUN
cblr-14249	346	10	plaid	plaid	NOUN
cblr-14249	346	11	,	,	PUNCT
cblr-14249	346	12	the	the	DET
cblr-14249	346	13	antitrust	antitrust	ADJ
cblr-14249	346	14	division	division	NOUN
cblr-14249	346	15	alleged	allege	VERB
cblr-14249	346	16	that	that	SCONJ
cblr-14249	346	17	the	the	DET
cblr-14249	346	18	merger	merger	NOUN
cblr-14249	346	19	would	would	AUX
cblr-14249	346	20	“	"	PUNCT
cblr-14249	346	21	raise	raise	VERB
cblr-14249	346	22	.	.	PUNCT
cblr-14249	346	23	.	.	PUNCT
cblr-14249	346	24	.	.	PUNCT
cblr-14249	347	1	entry	entry	NOUN
cblr-14249	347	2	barriers	barrier	NOUN
cblr-14249	347	3	.	.	PUNCT
cblr-14249	347	4	.	.	PUNCT
cblr-14249	347	5	.	.	PUNCT
cblr-14249	348	1	entrenching	entrench	VERB
cblr-14249	348	2	visa	visa	NOUN
cblr-14249	348	3	’s	’s	PART
cblr-14249	348	4	monopoly	monopoly	NOUN
cblr-14249	348	5	power	power	NOUN
cblr-14249	348	6	.	.	PUNCT
cblr-14249	349	1	”63	”63	PROPN
cblr-14249	349	2	visa	visa	PROPN
cblr-14249	349	3	abandoned	abandon	VERB
cblr-14249	349	4	the	the	DET
cblr-14249	349	5	merger	merger	NOUN
cblr-14249	349	6	shortly	shortly	ADV
cblr-14249	349	7	thereafter.64	thereafter.64	VERB
cblr-14249	349	8	the	the	DET
cblr-14249	349	9	2023	2023	NUM
cblr-14249	349	10	merger	merger	NOUN
cblr-14249	349	11	guidelines	guideline	NOUN
cblr-14249	349	12	documented	document	VERB
cblr-14249	349	13	the	the	DET
cblr-14249	349	14	u.s	u.s	PROPN
cblr-14249	349	15	.	.	PROPN
cblr-14249	349	16	agencies	agencies	PROPN
cblr-14249	349	17	’	'	PUNCT
cblr-14249	349	18	evolution	evolution	NOUN
cblr-14249	349	19	into	into	ADP
cblr-14249	349	20	this	this	DET
cblr-14249	349	21	third	third	ADJ
cblr-14249	349	22	era	era	NOUN
cblr-14249	349	23	with	with	ADP
cblr-14249	349	24	the	the	DET
cblr-14249	349	25	new	new	ADJ
cblr-14249	349	26	guidelines	guideline	NOUN
cblr-14249	349	27	6	6	NUM
cblr-14249	349	28	and	and	CCONJ
cblr-14249	349	29	9	9	NUM
cblr-14249	349	30	.	.	PUNCT
cblr-14249	350	1	these	these	DET
cblr-14249	350	2	guidelines	guideline	NOUN
cblr-14249	350	3	use	use	VERB
cblr-14249	350	4	monopolization	monopolization	NOUN
cblr-14249	350	5	principles	principle	NOUN
cblr-14249	350	6	and	and	CCONJ
cblr-14249	350	7	cases	case	NOUN
cblr-14249	350	8	that	that	PRON
cblr-14249	350	9	already	already	ADV
cblr-14249	350	10	distinguish	distinguish	VERB
cblr-14249	350	11	exclusion	exclusion	NOUN
cblr-14249	350	12	and	and	CCONJ
cblr-14249	350	13	efficiency	efficiency	NOUN
cblr-14249	350	14	in	in	ADP
cblr-14249	350	15	the	the	DET
cblr-14249	350	16	sherman	sherman	PROPN
cblr-14249	350	17	act	act	PROPN
cblr-14249	350	18	context	context	NOUN
cblr-14249	350	19	to	to	PART
cblr-14249	350	20	draw	draw	VERB
cblr-14249	350	21	a	a	DET
cblr-14249	350	22	similar	similar	ADJ
cblr-14249	350	23	line	line	NOUN
cblr-14249	350	24	for	for	ADP
cblr-14249	350	25	entrenchment	entrenchment	ADJ
cblr-14249	350	26	corporation	corporation	NOUN
cblr-14249	350	27	-	-	PUNCT
cblr-14249	350	28	abandons	abandon	NOUN
cblr-14249	350	29	-	-	PUNCT
cblr-14249	350	30	proposed	propose	VERB
cblr-14249	350	31	-	-	PUNCT
cblr-14249	350	32	acquisition	acquisition	NOUN
cblr-14249	350	33	-	-	PUNCT
cblr-14249	350	34	timewarner	timewarner	NOUN
cblr-14249	350	35	-	-	PUNCT
cblr-14249	350	36	cable	cable	NOUN
cblr-14249	350	37	-	-	PUNCT
cblr-14249	350	38	after	after	ADP
cblr-14249	350	39	-	-	PUNCT
cblr-14249	350	40	justice	justice	NOUN
cblr-14249	350	41	-	-	PUNCT
cblr-14249	350	42	department	department	NOUN
cblr-14249	351	1	[	[	X
cblr-14249	351	2	https://perma.cc/k5k5-s6v7	https://perma.cc/k5k5-s6v7	X
cblr-14249	351	3	]	]	PUNCT
cblr-14249	351	4	.	.	PUNCT
cblr-14249	352	1	62	62	NUM
cblr-14249	352	2	press	press	NOUN
cblr-14249	352	3	release	release	NOUN
cblr-14249	352	4	,	,	PUNCT
cblr-14249	352	5	u.s	u.s	PROPN
cblr-14249	352	6	.	.	PROPN
cblr-14249	352	7	dep’t	dep’t	NOUN
cblr-14249	352	8	of	of	ADP
cblr-14249	352	9	just	just	ADV
cblr-14249	352	10	.	.	PUNCT
cblr-14249	352	11	,	,	PUNCT
cblr-14249	352	12	assistant	assistant	PROPN
cblr-14249	352	13	attorney	attorney	PROPN
cblr-14249	352	14	general	general	PROPN
cblr-14249	352	15	bill	bill	PROPN
cblr-14249	352	16	baer	baer	PROPN
cblr-14249	352	17	delivers	deliver	VERB
cblr-14249	352	18	remarks	remark	NOUN
cblr-14249	352	19	at	at	ADP
cblr-14249	352	20	the	the	DET
cblr-14249	352	21	chatham	chatham	PROPN
cblr-14249	352	22	house	house	PROPN
cblr-14249	352	23	annual	annual	ADJ
cblr-14249	352	24	antitrust	antitrust	ADJ
cblr-14249	352	25	conference	conference	NOUN
cblr-14249	352	26	(	(	PUNCT
cblr-14249	352	27	june	june	PROPN
cblr-14249	352	28	18	18	NUM
cblr-14249	352	29	,	,	PUNCT
cblr-14249	352	30	2015	2015	NUM
cblr-14249	352	31	)	)	PUNCT
cblr-14249	352	32	,	,	PUNCT
cblr-14249	352	33	https://www.justice.gov/archives/opa/speech/assistantattorney-general-bill-baer-delivers-remarks-chathamhouse-annual-antitrust	https://www.justice.gov/archives/opa/speech/assistantattorney-general-bill-baer-delivers-remarks-chathamhouse-annual-antitrust	PROPN
cblr-14249	353	1	[	[	X
cblr-14249	353	2	https://perma.cc/3fjt-ejgk	https://perma.cc/3fjt-ejgk	X
cblr-14249	353	3	]	]	X
cblr-14249	353	4	.	.	PUNCT
cblr-14249	354	1	63	63	NUM
cblr-14249	354	2	complaint	complaint	NOUN
cblr-14249	354	3	¶	¶	PROPN
cblr-14249	354	4	69	69	NUM
cblr-14249	354	5	,	,	PUNCT
cblr-14249	354	6	united	united	PROPN
cblr-14249	354	7	states	states	PROPN
cblr-14249	354	8	v.	v.	ADP
cblr-14249	354	9	visa	visa	PROPN
cblr-14249	354	10	inc	inc	PROPN
cblr-14249	354	11	.	.	PROPN
cblr-14249	354	12	,	,	PUNCT
cblr-14249	354	13	no	no	INTJ
cblr-14249	354	14	.	.	PUNCT
cblr-14249	354	15	3:20	3:20	NUM
cblr-14249	354	16	-	-	PUNCT
cblr-14249	354	17	cv-07810	cv-07810	NOUN
cblr-14249	354	18	(	(	PUNCT
cblr-14249	354	19	n.d	n.d	PROPN
cblr-14249	354	20	.	.	PROPN
cblr-14249	354	21	cal	cal	PROPN
cblr-14249	354	22	.	.	PUNCT
cblr-14249	355	1	nov	nov	PROPN
cblr-14249	355	2	.	.	PROPN
cblr-14249	355	3	5	5	NUM
cblr-14249	355	4	,	,	PUNCT
cblr-14249	355	5	2020	2020	NUM
cblr-14249	355	6	)	)	PUNCT
cblr-14249	355	7	,	,	PUNCT
cblr-14249	355	8	available	available	ADJ
cblr-14249	355	9	at	at	ADP
cblr-14249	355	10	https://www.justice.gov/opa/pressrelease/file/1334726/dl	https://www.justice.gov/opa/pressrelease/file/1334726/dl	NOUN
cblr-14249	355	11	[	[	X
cblr-14249	355	12	https://perma.cc/6wng-9nj9	https://perma.cc/6wng-9nj9	X
cblr-14249	355	13	]	]	X
cblr-14249	355	14	.	.	PUNCT
cblr-14249	356	1	64	64	NUM
cblr-14249	356	2	press	press	NOUN
cblr-14249	356	3	release	release	NOUN
cblr-14249	356	4	,	,	PUNCT
cblr-14249	356	5	u.s	u.s	PROPN
cblr-14249	356	6	.	.	PROPN
cblr-14249	356	7	dep’t	dep’t	NOUN
cblr-14249	356	8	of	of	ADP
cblr-14249	356	9	justice	justice	NOUN
cblr-14249	356	10	,	,	PUNCT
cblr-14249	356	11	visa	visa	NOUN
cblr-14249	356	12	and	and	CCONJ
cblr-14249	356	13	plaid	plaid	NOUN
cblr-14249	356	14	abandon	abandon	NOUN
cblr-14249	356	15	merger	merger	NOUN
cblr-14249	356	16	after	after	ADP
cblr-14249	356	17	antitrust	antitrust	ADJ
cblr-14249	356	18	division	division	NOUN
cblr-14249	356	19	’s	’s	PART
cblr-14249	356	20	suit	suit	NOUN
cblr-14249	356	21	to	to	PART
cblr-14249	356	22	block	block	NOUN
cblr-14249	356	23	(	(	PUNCT
cblr-14249	356	24	jan	jan	PROPN
cblr-14249	356	25	.	.	PROPN
cblr-14249	356	26	12	12	NUM
cblr-14249	356	27	,	,	PUNCT
cblr-14249	356	28	2021	2021	NUM
cblr-14249	356	29	)	)	PUNCT
cblr-14249	356	30	,	,	PUNCT
cblr-14249	356	31	https://www.justice.gov/opa/pr/visa-and-plaid-abandonmerger-after-antitrust-division-s-suit-block	https://www.justice.gov/opa/pr/visa-and-plaid-abandonmerger-after-antitrust-division-s-suit-block	NOUN
cblr-14249	356	32	.	.	PUNCT
cblr-14249	357	1	[	[	X
cblr-14249	357	2	https://perma.cc/634y-kg62	https://perma.cc/634y-kg62	NOUN
cblr-14249	357	3	]	]	PUNCT
cblr-14249	357	4	.	.	PUNCT
cblr-14249	358	1	126	126	NUM
cblr-14249	358	2	columbia	columbia	PROPN
cblr-14249	358	3	business	business	NOUN
cblr-14249	358	4	law	law	PROPN
cblr-14249	358	5	review	review	NOUN
cblr-14249	358	6	[	[	X
cblr-14249	358	7	vol	vol	NOUN
cblr-14249	358	8	.	.	PUNCT
cblr-14249	358	9	2025	2025	NUM
cblr-14249	358	10	cases.65	cases.65	NOUN
cblr-14249	358	11	they	they	PRON
cblr-14249	358	12	also	also	ADV
cblr-14249	358	13	explain	explain	VERB
cblr-14249	358	14	how	how	SCONJ
cblr-14249	358	15	exclusionary	exclusionary	ADJ
cblr-14249	358	16	entrenchment	entrenchment	NOUN
cblr-14249	358	17	can	can	AUX
cblr-14249	358	18	arise	arise	VERB
cblr-14249	358	19	in	in	ADP
cblr-14249	358	20	platform	platform	NOUN
cblr-14249	358	21	markets.66	markets.66	NOUN
cblr-14249	358	22	as	as	SCONJ
cblr-14249	358	23	we	we	PRON
cblr-14249	358	24	now	now	ADV
cblr-14249	358	25	understand	understand	VERB
cblr-14249	358	26	procter	procter	NOUN
cblr-14249	358	27	&	&	CCONJ
cblr-14249	358	28	gamble	gamble	NOUN
cblr-14249	358	29	in	in	ADP
cblr-14249	358	30	light	light	NOUN
cblr-14249	358	31	of	of	ADP
cblr-14249	358	32	the	the	DET
cblr-14249	358	33	new	new	ADJ
cblr-14249	358	34	guidelines	guideline	NOUN
cblr-14249	358	35	,	,	PUNCT
cblr-14249	358	36	the	the	DET
cblr-14249	358	37	law	law	NOUN
cblr-14249	358	38	distinguishes	distinguish	VERB
cblr-14249	358	39	anticompetitive	anticompetitive	ADJ
cblr-14249	358	40	entrenchment	entrenchment	NOUN
cblr-14249	358	41	from	from	ADP
cblr-14249	358	42	growth	growth	NOUN
cblr-14249	358	43	or	or	CCONJ
cblr-14249	358	44	development	development	NOUN
cblr-14249	358	45	as	as	ADP
cblr-14249	358	46	a	a	DET
cblr-14249	358	47	consequence	consequence	NOUN
cblr-14249	358	48	of	of	ADP
cblr-14249	358	49	increased	increase	VERB
cblr-14249	358	50	competitive	competitive	ADJ
cblr-14249	358	51	capabilities	capability	NOUN
cblr-14249	358	52	or	or	CCONJ
cblr-14249	358	53	incentives.67	incentives.67	VERB
cblr-14249	358	54	the	the	DET
cblr-14249	358	55	law	law	NOUN
cblr-14249	358	56	distinguishes	distinguish	VERB
cblr-14249	358	57	a	a	DET
cblr-14249	358	58	merger	merger	NOUN
cblr-14249	358	59	that	that	PRON
cblr-14249	358	60	makes	make	VERB
cblr-14249	358	61	the	the	DET
cblr-14249	358	62	merged	merged	ADJ
cblr-14249	358	63	firm	firm	NOUN
cblr-14249	358	64	a	a	DET
cblr-14249	358	65	more	more	ADV
cblr-14249	358	66	forceful	forceful	ADJ
cblr-14249	358	67	competitor	competitor	NOUN
cblr-14249	358	68	from	from	ADP
cblr-14249	358	69	one	one	NUM
cblr-14249	358	70	that	that	PRON
cblr-14249	358	71	would	would	AUX
cblr-14249	358	72	weaken	weaken	VERB
cblr-14249	358	73	the	the	DET
cblr-14249	358	74	forces	force	NOUN
cblr-14249	358	75	of	of	ADP
cblr-14249	358	76	rivals	rival	NOUN
cblr-14249	358	77	.	.	PUNCT
cblr-14249	359	1	this	this	DET
cblr-14249	359	2	distinction	distinction	NOUN
cblr-14249	359	3	that	that	PRON
cblr-14249	359	4	enables	enable	VERB
cblr-14249	359	5	a	a	DET
cblr-14249	359	6	discerning	discerning	NOUN
cblr-14249	359	7	approach	approach	NOUN
cblr-14249	359	8	to	to	ADP
cblr-14249	359	9	entrenchment	entrenchment	ADJ
cblr-14249	359	10	mergers	merger	NOUN
cblr-14249	359	11	is	be	AUX
cblr-14249	359	12	critically	critically	ADV
cblr-14249	359	13	important	important	ADJ
cblr-14249	359	14	as	as	SCONJ
cblr-14249	359	15	we	we	PRON
cblr-14249	359	16	take	take	VERB
cblr-14249	359	17	more	more	ADV
cblr-14249	359	18	seriously	seriously	ADV
cblr-14249	359	19	the	the	DET
cblr-14249	359	20	need	need	NOUN
cblr-14249	359	21	to	to	PART
cblr-14249	359	22	deploy	deploy	VERB
cblr-14249	359	23	the	the	DET
cblr-14249	359	24	sherman	sherman	PROPN
cblr-14249	359	25	act	act	NOUN
cblr-14249	359	26	in	in	ADP
cblr-14249	359	27	prohibiting	prohibit	VERB
cblr-14249	359	28	monopoly	monopoly	NOUN
cblr-14249	359	29	maintenance	maintenance	NOUN
cblr-14249	359	30	by	by	ADP
cblr-14249	359	31	dominant	dominant	ADJ
cblr-14249	359	32	firms	firm	NOUN
cblr-14249	359	33	in	in	ADP
cblr-14249	359	34	big	big	ADJ
cblr-14249	359	35	tech	tech	NOUN
cblr-14249	359	36	and	and	CCONJ
cblr-14249	359	37	other	other	ADJ
cblr-14249	359	38	industries	industry	NOUN
cblr-14249	359	39	.	.	PUNCT
cblr-14249	360	1	imagine	imagine	VERB
cblr-14249	360	2	if	if	SCONJ
cblr-14249	360	3	instead	instead	ADV
cblr-14249	360	4	of	of	ADP
cblr-14249	360	5	building	build	VERB
cblr-14249	360	6	and	and	CCONJ
cblr-14249	360	7	tying	tie	VERB
cblr-14249	360	8	internet	internet	NOUN
cblr-14249	360	9	explorer	explorer	NOUN
cblr-14249	360	10	to	to	ADP
cblr-14249	360	11	windows,68	windows,68	PROPN
cblr-14249	360	12	microsoft	microsoft	PROPN
cblr-14249	360	13	had	have	AUX
cblr-14249	360	14	just	just	ADV
cblr-14249	360	15	bought	buy	VERB
cblr-14249	360	16	netscape	netscape	NOUN
cblr-14249	360	17	.	.	PUNCT
cblr-14249	361	1	what	what	DET
cblr-14249	361	2	provision	provision	NOUN
cblr-14249	361	3	of	of	ADP
cblr-14249	361	4	the	the	DET
cblr-14249	361	5	1992	1992	NUM
cblr-14249	361	6	merger	merger	NOUN
cblr-14249	361	7	guidelines	guideline	NOUN
cblr-14249	361	8	would	would	AUX
cblr-14249	361	9	have	have	AUX
cblr-14249	361	10	applied	apply	VERB
cblr-14249	361	11	?	?	PUNCT
cblr-14249	362	1	the	the	DET
cblr-14249	362	2	answer	answer	NOUN
cblr-14249	362	3	is	be	AUX
cblr-14249	362	4	none	none	NOUN
cblr-14249	362	5	,	,	PUNCT
cblr-14249	362	6	because	because	SCONJ
cblr-14249	362	7	they	they	PRON
cblr-14249	362	8	did	do	AUX
cblr-14249	362	9	n’t	not	PART
cblr-14249	362	10	include	include	VERB
cblr-14249	362	11	an	an	DET
cblr-14249	362	12	entrenchment	entrenchment	ADJ
cblr-14249	362	13	section.69	section.69	NOUN
cblr-14249	362	14	if	if	SCONJ
cblr-14249	362	15	we	we	PRON
cblr-14249	362	16	take	take	VERB
cblr-14249	362	17	monopoly	monopoly	NOUN
cblr-14249	362	18	maintenance	maintenance	NOUN
cblr-14249	362	19	seriously	seriously	ADV
cblr-14249	362	20	and	and	CCONJ
cblr-14249	362	21	do	do	AUX
cblr-14249	362	22	not	not	PART
cblr-14249	362	23	apply	apply	VERB
cblr-14249	362	24	similar	similar	ADJ
cblr-14249	362	25	economic	economic	ADJ
cblr-14249	362	26	theories	theory	NOUN
cblr-14249	362	27	in	in	ADP
cblr-14249	362	28	merger	merger	NOUN
cblr-14249	362	29	review	review	NOUN
cblr-14249	362	30	,	,	PUNCT
cblr-14249	362	31	our	our	PRON
cblr-14249	362	32	monopolization	monopolization	NOUN
cblr-14249	362	33	program	program	NOUN
cblr-14249	362	34	may	may	AUX
cblr-14249	362	35	just	just	ADV
cblr-14249	362	36	push	push	VERB
cblr-14249	362	37	dominant	dominant	ADJ
cblr-14249	362	38	firms	firm	NOUN
cblr-14249	362	39	into	into	ADP
cblr-14249	362	40	acquisitions	acquisition	NOUN
cblr-14249	362	41	that	that	PRON
cblr-14249	362	42	enable	enable	VERB
cblr-14249	362	43	them	they	PRON
cblr-14249	362	44	to	to	PART
cblr-14249	362	45	exclude	exclude	VERB
cblr-14249	362	46	rivals	rival	NOUN
cblr-14249	362	47	and	and	CCONJ
cblr-14249	362	48	preserve	preserve	VERB
cblr-14249	362	49	their	their	PRON
cblr-14249	362	50	power	power	NOUN
cblr-14249	362	51	.	.	PUNCT
cblr-14249	363	1	iii	iii	X
cblr-14249	363	2	.	.	PUNCT
cblr-14249	363	3	conclusion	conclusion	NOUN
cblr-14249	363	4	let	let	VERB
cblr-14249	363	5	me	i	PRON
cblr-14249	363	6	conclude	conclude	VERB
cblr-14249	363	7	by	by	ADP
cblr-14249	363	8	taking	take	VERB
cblr-14249	363	9	a	a	DET
cblr-14249	363	10	step	step	NOUN
cblr-14249	363	11	way	way	NOUN
cblr-14249	363	12	back	back	ADV
cblr-14249	363	13	.	.	PUNCT
cblr-14249	364	1	why	why	SCONJ
cblr-14249	364	2	bother	bother	VERB
cblr-14249	364	3	with	with	ADP
cblr-14249	364	4	this	this	DET
cblr-14249	364	5	exercise	exercise	NOUN
cblr-14249	364	6	?	?	PUNCT
cblr-14249	365	1	why	why	SCONJ
cblr-14249	365	2	retrofit	retrofit	NOUN
cblr-14249	365	3	and	and	CCONJ
cblr-14249	365	4	translate	translate	ADJ
cblr-14249	365	5	sixty	sixty	NUM
cblr-14249	365	6	-	-	PUNCT
cblr-14249	365	7	year	year	NOUN
cblr-14249	365	8	-	-	PUNCT
cblr-14249	365	9	old	old	ADJ
cblr-14249	365	10	cases	case	NOUN
cblr-14249	365	11	into	into	ADP
cblr-14249	365	12	modern	modern	ADJ
cblr-14249	365	13	market	market	NOUN
cblr-14249	365	14	realities	reality	NOUN
cblr-14249	365	15	?	?	PUNCT
cblr-14249	366	1	we	we	PRON
cblr-14249	366	2	know	know	VERB
cblr-14249	366	3	why	why	SCONJ
cblr-14249	366	4	the	the	DET
cblr-14249	366	5	egyptologists	egyptologist	NOUN
cblr-14249	366	6	celebrated	celebrate	VERB
cblr-14249	366	7	the	the	DET
cblr-14249	366	8	rosetta	rosetta	PROPN
cblr-14249	366	9	stone	stone	NOUN
cblr-14249	366	10	.	.	PUNCT
cblr-14249	367	1	it	it	PRON
cblr-14249	367	2	was	be	AUX
cblr-14249	367	3	not	not	PART
cblr-14249	367	4	because	because	SCONJ
cblr-14249	367	5	they	they	PRON
cblr-14249	367	6	cared	care	VERB
cblr-14249	367	7	much	much	ADV
cblr-14249	367	8	about	about	ADP
cblr-14249	367	9	the	the	DET
cblr-14249	367	10	details	detail	NOUN
cblr-14249	367	11	65	65	NUM
cblr-14249	367	12	see	see	VERB
cblr-14249	367	13	2023	2023	NUM
cblr-14249	367	14	merger	merger	NOUN
cblr-14249	367	15	guidelines	guideline	NOUN
cblr-14249	367	16	,	,	PUNCT
cblr-14249	367	17	at	at	ADP
cblr-14249	367	18	18–21	18–21	NUM
cblr-14249	367	19	.	.	PUNCT
cblr-14249	368	1	66	66	NUM
cblr-14249	369	1	i	i	PRON
cblr-14249	369	2	d.	d.	PROPN
cblr-14249	369	3	at	at	ADP
cblr-14249	369	4	23–26	23–26	NUM
cblr-14249	369	5	.	.	PUNCT
cblr-14249	369	6	67	67	NUM
cblr-14249	370	1	i	i	PRON
cblr-14249	370	2	d.	d.	PROPN
cblr-14249	370	3	at	at	ADP
cblr-14249	370	4	18	18	NUM
cblr-14249	370	5	.	.	PUNCT
cblr-14249	371	1	68	68	NUM
cblr-14249	371	2	see	see	VERB
cblr-14249	371	3	generally	generally	ADV
cblr-14249	371	4	united	united	PROPN
cblr-14249	371	5	states	states	PROPN
cblr-14249	371	6	v.	v.	PROPN
cblr-14249	371	7	microsoft	microsoft	PROPN
cblr-14249	371	8	corp	corp	PROPN
cblr-14249	371	9	.	.	PROPN
cblr-14249	371	10	,	,	PUNCT
cblr-14249	371	11	253	253	NUM
cblr-14249	371	12	f.3d	f.3d	NUM
cblr-14249	371	13	34	34	NUM
cblr-14249	371	14	(	(	PUNCT
cblr-14249	371	15	2001	2001	NUM
cblr-14249	371	16	)	)	PUNCT
cblr-14249	371	17	.	.	PUNCT
cblr-14249	372	1	69	69	NUM
cblr-14249	372	2	cf	cf	NOUN
cblr-14249	372	3	.	.	PUNCT
cblr-14249	373	1	u.s	u.s	PROPN
cblr-14249	373	2	.	.	PROPN
cblr-14249	373	3	dep’t	dep’t	NOUN
cblr-14249	373	4	of	of	ADP
cblr-14249	373	5	just	just	ADV
cblr-14249	373	6	.	.	PUNCT
cblr-14249	373	7	&	&	CCONJ
cblr-14249	373	8	fed	fed	PROPN
cblr-14249	373	9	.	.	PUNCT
cblr-14249	374	1	trade	trade	NOUN
cblr-14249	374	2	comm’n	comm’n	NOUN
cblr-14249	374	3	,	,	PUNCT
cblr-14249	374	4	merger	merger	NOUN
cblr-14249	374	5	guidelines	guideline	NOUN
cblr-14249	374	6	2	2	NUM
cblr-14249	374	7	(	(	PUNCT
cblr-14249	374	8	1992	1992	NUM
cblr-14249	374	9	)	)	PUNCT
cblr-14249	374	10	.	.	PUNCT
cblr-14249	375	1	no	no	INTJ
cblr-14249	375	2	.	.	NOUN
cblr-14249	376	1	1	1	NUM
cblr-14249	376	2	]	]	X
cblr-14249	376	3	contemporary	contemporary	ADJ
cblr-14249	376	4	merger	merger	NOUN
cblr-14249	376	5	review	review	NOUN
cblr-14249	376	6	under	under	ADP
cblr-14249	376	7	the	the	DET
cblr-14249	376	8	rule	rule	NOUN
cblr-14249	376	9	of	of	ADP
cblr-14249	376	10	law	law	NOUN
cblr-14249	376	11	127	127	NUM
cblr-14249	376	12	of	of	ADP
cblr-14249	376	13	the	the	DET
cblr-14249	376	14	ancient	ancient	ADJ
cblr-14249	376	15	decree	decree	NOUN
cblr-14249	376	16	written	write	VERB
cblr-14249	376	17	in	in	ADP
cblr-14249	376	18	three	three	NUM
cblr-14249	376	19	languages	language	NOUN
cblr-14249	376	20	there	there	ADV
cblr-14249	376	21	.	.	PUNCT
cblr-14249	377	1	rather	rather	ADV
cblr-14249	377	2	,	,	PUNCT
cblr-14249	377	3	they	they	PRON
cblr-14249	377	4	cared	care	VERB
cblr-14249	377	5	about	about	ADP
cblr-14249	377	6	unlocking	unlock	VERB
cblr-14249	377	7	all	all	PRON
cblr-14249	377	8	of	of	ADP
cblr-14249	377	9	the	the	DET
cblr-14249	377	10	history	history	NOUN
cblr-14249	377	11	and	and	CCONJ
cblr-14249	377	12	culture	culture	NOUN
cblr-14249	377	13	that	that	SCONJ
cblr-14249	377	14	translating	translate	VERB
cblr-14249	377	15	the	the	DET
cblr-14249	377	16	decree	decree	NOUN
cblr-14249	377	17	enabled	enable	VERB
cblr-14249	377	18	.	.	PUNCT
cblr-14249	378	1	but	but	CCONJ
cblr-14249	378	2	we	we	PRON
cblr-14249	378	3	have	have	VERB
cblr-14249	378	4	english	english	ADJ
cblr-14249	378	5	language	language	NOUN
cblr-14249	378	6	video	video	NOUN
cblr-14249	378	7	and	and	CCONJ
cblr-14249	378	8	newspapers	newspaper	NOUN
cblr-14249	378	9	from	from	ADP
cblr-14249	378	10	the	the	DET
cblr-14249	378	11	1960s	1960s	NUM
cblr-14249	378	12	.	.	PUNCT
cblr-14249	379	1	so	so	ADV
cblr-14249	379	2	we	we	PRON
cblr-14249	379	3	do	do	AUX
cblr-14249	379	4	n’t	not	PART
cblr-14249	379	5	need	need	VERB
cblr-14249	379	6	a	a	DET
cblr-14249	379	7	similar	similar	ADJ
cblr-14249	379	8	kind	kind	NOUN
cblr-14249	379	9	of	of	ADP
cblr-14249	379	10	translation	translation	NOUN
cblr-14249	379	11	for	for	ADP
cblr-14249	379	12	that	that	PRON
cblr-14249	379	13	.	.	PUNCT
cblr-14249	380	1	we	we	PRON
cblr-14249	380	2	have	have	VERB
cblr-14249	380	3	a	a	DET
cblr-14249	380	4	very	very	ADV
cblr-14249	380	5	different	different	ADJ
cblr-14249	380	6	and	and	CCONJ
cblr-14249	380	7	more	more	ADV
cblr-14249	380	8	important	important	ADJ
cblr-14249	380	9	reason	reason	NOUN
cblr-14249	380	10	:	:	PUNCT
cblr-14249	380	11	the	the	DET
cblr-14249	380	12	rule	rule	NOUN
cblr-14249	380	13	of	of	ADP
cblr-14249	380	14	law	law	NOUN
cblr-14249	380	15	.	.	PUNCT
cblr-14249	381	1	i	i	PRON
cblr-14249	381	2	have	have	AUX
cblr-14249	381	3	had	have	VERB
cblr-14249	381	4	the	the	DET
cblr-14249	381	5	great	great	ADJ
cblr-14249	381	6	fortune	fortune	NOUN
cblr-14249	381	7	to	to	PART
cblr-14249	381	8	serve	serve	VERB
cblr-14249	381	9	as	as	ADP
cblr-14249	381	10	an	an	DET
cblr-14249	381	11	advisor	advisor	NOUN
cblr-14249	381	12	to	to	ADP
cblr-14249	381	13	six	six	NUM
cblr-14249	381	14	assistant	assistant	ADJ
cblr-14249	381	15	attorneys	attorney	NOUN
cblr-14249	381	16	general	general	ADJ
cblr-14249	381	17	and	and	CCONJ
cblr-14249	381	18	acting	acting	ADJ
cblr-14249	381	19	aags	aag	NOUN
cblr-14249	381	20	.	.	PUNCT
cblr-14249	382	1	soon	soon	ADV
cblr-14249	382	2	,	,	PUNCT
cblr-14249	382	3	i	i	PRON
cblr-14249	382	4	will	will	AUX
cblr-14249	382	5	serve	serve	VERB
cblr-14249	382	6	a	a	DET
cblr-14249	382	7	seventh	seventh	ADJ
cblr-14249	382	8	and	and	CCONJ
cblr-14249	382	9	an	an	DET
cblr-14249	382	10	eighth	eighth	ADJ
cblr-14249	382	11	.	.	PUNCT
cblr-14249	383	1	they	they	PRON
cblr-14249	383	2	all	all	PRON
cblr-14249	383	3	have	have	VERB
cblr-14249	383	4	differences	difference	NOUN
cblr-14249	383	5	in	in	ADP
cblr-14249	383	6	perspectives	perspective	NOUN
cblr-14249	383	7	,	,	PUNCT
cblr-14249	383	8	personalities	personality	NOUN
cblr-14249	383	9	,	,	PUNCT
cblr-14249	383	10	and	and	CCONJ
cblr-14249	383	11	priorities	priority	NOUN
cblr-14249	383	12	.	.	PUNCT
cblr-14249	384	1	but	but	CCONJ
cblr-14249	384	2	they	they	PRON
cblr-14249	384	3	have	have	AUX
cblr-14249	384	4	all	all	ADV
cblr-14249	384	5	had	have	VERB
cblr-14249	384	6	one	one	NUM
cblr-14249	384	7	thing	thing	NOUN
cblr-14249	384	8	in	in	ADP
cblr-14249	384	9	common	common	ADJ
cblr-14249	384	10	.	.	PUNCT
cblr-14249	385	1	their	their	PRON
cblr-14249	385	2	authority	authority	NOUN
cblr-14249	385	3	to	to	PART
cblr-14249	385	4	bring	bring	VERB
cblr-14249	385	5	to	to	PART
cblr-14249	385	6	bear	bear	VERB
cblr-14249	385	7	the	the	DET
cblr-14249	385	8	powers	power	NOUN
cblr-14249	385	9	of	of	ADP
cblr-14249	385	10	the	the	DET
cblr-14249	385	11	justice	justice	PROPN
cblr-14249	385	12	department	department	PROPN
cblr-14249	385	13	against	against	ADP
cblr-14249	385	14	private	private	ADJ
cblr-14249	385	15	parties	party	NOUN
cblr-14249	385	16	flows	flow	VERB
cblr-14249	385	17	solely	solely	ADV
cblr-14249	385	18	from	from	ADP
cblr-14249	385	19	their	their	PRON
cblr-14249	385	20	fidelity	fidelity	NOUN
cblr-14249	385	21	to	to	ADP
cblr-14249	385	22	the	the	DET
cblr-14249	385	23	law	law	NOUN
cblr-14249	385	24	.	.	PUNCT
cblr-14249	386	1	they	they	PRON
cblr-14249	386	2	share	share	VERB
cblr-14249	386	3	a	a	DET
cblr-14249	386	4	profound	profound	ADJ
cblr-14249	386	5	obligation	obligation	NOUN
cblr-14249	386	6	to	to	PART
cblr-14249	386	7	understand	understand	VERB
cblr-14249	386	8	the	the	DET
cblr-14249	386	9	law	law	NOUN
cblr-14249	386	10	as	as	SCONJ
cblr-14249	386	11	they	they	PRON
cblr-14249	386	12	find	find	VERB
cblr-14249	386	13	it	it	PRON
cblr-14249	386	14	and	and	CCONJ
cblr-14249	386	15	to	to	PART
cblr-14249	386	16	apply	apply	VERB
cblr-14249	386	17	it	it	PRON
cblr-14249	386	18	to	to	ADP
cblr-14249	386	19	the	the	DET
cblr-14249	386	20	facts	fact	NOUN
cblr-14249	386	21	without	without	ADP
cblr-14249	386	22	fear	fear	NOUN
cblr-14249	386	23	or	or	CCONJ
cblr-14249	386	24	favor	favor	NOUN
cblr-14249	386	25	.	.	PUNCT
cblr-14249	387	1	brown	brown	ADJ
cblr-14249	387	2	shoe	shoe	NOUN
cblr-14249	387	3	,	,	PUNCT
cblr-14249	387	4	philadelphia	philadelphia	PROPN
cblr-14249	387	5	national	national	PROPN
cblr-14249	387	6	bank	bank	PROPN
cblr-14249	387	7	,	,	PUNCT
cblr-14249	387	8	and	and	CCONJ
cblr-14249	387	9	procter	procter	PROPN
cblr-14249	387	10	&	&	CCONJ
cblr-14249	387	11	gamble	gamble	NOUN
cblr-14249	387	12	are	be	AUX
cblr-14249	387	13	not	not	PART
cblr-14249	387	14	the	the	DET
cblr-14249	387	15	expired	expire	VERB
cblr-14249	387	16	decrees	decree	NOUN
cblr-14249	387	17	of	of	ADP
cblr-14249	387	18	a	a	DET
cblr-14249	387	19	forgotten	forget	VERB
cblr-14249	387	20	government	government	NOUN
cblr-14249	387	21	.	.	PUNCT
cblr-14249	388	1	they	they	PRON
cblr-14249	388	2	are	be	AUX
cblr-14249	388	3	the	the	DET
cblr-14249	388	4	active	active	ADJ
cblr-14249	388	5	mandates	mandate	NOUN
cblr-14249	388	6	of	of	ADP
cblr-14249	388	7	a	a	DET
cblr-14249	388	8	nation	nation	NOUN
cblr-14249	388	9	premised	premise	VERB
cblr-14249	388	10	on	on	ADP
cblr-14249	388	11	the	the	DET
cblr-14249	388	12	primacy	primacy	NOUN
cblr-14249	388	13	of	of	ADP
cblr-14249	388	14	law	law	NOUN
cblr-14249	388	15	over	over	ADP
cblr-14249	388	16	power	power	NOUN
cblr-14249	388	17	and	and	CCONJ
cblr-14249	388	18	personal	personal	ADJ
cblr-14249	388	19	preference	preference	NOUN
cblr-14249	388	20	.	.	PUNCT
cblr-14249	389	1	what	what	PRON
cblr-14249	389	2	a	a	DET
cblr-14249	389	3	gift	gift	NOUN
cblr-14249	389	4	that	that	PRON
cblr-14249	389	5	is	be	AUX
cblr-14249	389	6	.	.	PUNCT
cblr-14249	390	1	thank	thank	VERB
cblr-14249	390	2	you	you	PRON
cblr-14249	390	3	for	for	ADP
cblr-14249	390	4	joining	join	VERB
cblr-14249	390	5	me	i	PRON
cblr-14249	390	6	in	in	ADP
cblr-14249	390	7	this	this	DET
cblr-14249	390	8	conversation	conversation	NOUN
cblr-14249	390	9	.	.	PUNCT
