Arbitrer entre souveraineté technologique et politique de concurrence: la FTC face à la concentration verticale IonQ-SkyWater

Thierry Kirat and Frédéric Marty
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Thierry Kirat: CNRS, UMR Triangle, Université de Saint-Etienne, France
Frédéric Marty: Université Côte d'Azur, CNRS, GREDEG, France

No 2026-22, GREDEG Working Papers from Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France

Abstract: The Chair of the FTC was outvoted in July 2026 in a decision concerning the early termination of a proceeding opened regarding a proposed vertical merger in the quantum computing sector. The disagreement centered on whether to pursue behavioral remedies to counter potential short-term anticompetitive effects. Beyond the competition issue itself, the case is of interest for what it reveals about the complementarity between competition policy and industrial policy. Indeed, in the context of federal support for the construction of new foundries (a central dimension of the foreclosure risks associated with the vertical merger), industrial policy appears as a tool for lifting competitive bottlenecks, while competition policy serves as a tool for preserving competition during the transition phase.

Keywords: vertical merger; foreclosure risk; behavioural remedies; quantum computing; antitrust (search for similar items in EconPapers)
JEL-codes: K21 L12 L22 L42 L63 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2026-09
New Economics Papers: this item is included in nep-com, nep-law and nep-mac
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