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Table of contents I. A Retrospective and Prospective Analysis of Monopsony Power Under the Merger Guidelines Logan Billman and Kristen Limarzi II. Mergers That Increase Buyer Power and the Function of Presumptions: Two Key Issues in the Revision of the Merger Guidelines Peter C. Carstensen III. What's new in the 2023 Merger Guidelines Joseph Farrell IV. Common Ownership and the Merger Guidelines Merritt B. Fox and Menesh S. Patel V. Awakening Merger Control: The New U.S. Merger Guidelines Eleanor M. Fox VI. Antitrust Ideology and the 2023 U.S. Merger Guidelines Diana L. Moss VII. The Missing Merger Guideline: On Efficiencies Maureen K. Ohlhausen and Taylor M. Owings VIII. Economics in the 2023 Merger Guidelines: Three Areas of Concern Jeremy Sandford, Loren Smith and Nathan Wilson IX. The Evolution (and Devolution) of Market Structure Reasoning Sean P. Sullivan X. Market Delineation under the New Merger Guidelines: Gerrymandering Redux Gregory J. Werden