In this paper, we discuss the econometric models put forward by both sides in the FTC v. Staples case and explore why those models canceled each other out, leaving the documents to play a central role in the court's decision

As part of the Modification of Final Judgment (MFJ) that implemented the divestiture of the Bell operating companies (BOCs) from AT&T on January 1, 1984, the BOCs were forbidden to carry telephone calls from one local access and transport area LATA) to another. Although the Telecommunications...

The 1992 Horizontal Merger Guidelines, issued by the U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC), suggest that relevant markets for merger analysis may be defined for classes of customers on whom a hypothetical monopolist of the merging firms' products would likely...

This paper analyzes the competitive effect of a new product introduction. We break the overall competitive effect into two parts: the effect on the prices of existing products due to increased competition, and the effect of having additional product variety. Using data from both before and after...

On October 1, 2009, the State of Maryland enacted a statute that prohibits the use of minimum resale price maintenance (RPM). This was in response to the Supreme Court’s 2007 Leegin decision that held that RPM should be evaluated under the rule of reason rather than be considered per se...

In March 2009, China’s Ministry of Commerce (MOFCOM) vetoed the proposed acquisition by Coca-Cola of Huiyuan, a company with an important presence in the Chinese fruit juice market. This is the first time that MOFCOM has prohibited a transaction under the Anti-Monopoly Law (AML), in effect...

Indirect purchaser class actions are a prevalent avenue for the civil recovery of damages resulting from antitrust violations such as price fixing and monopolization. Although both direct purchaser and indirect purchaser actions are commonplace in antitrust, there are key differences between...