Unreasonably large damages awards in patent litigation have been an important force in motivating the movement for patent reform. “Apportionment” has found support as a solution to problem damages awards. Under apportionment, the portion of the overall value of the product that is...

A review of the writings of Joseph Farrell and Carl Shapiro suggest directions they may take antitrust enforcement as chief economists at the Federal Trade Commission and the Antitrust Division of the Department of Justice, respectively