convergence between antitrust and regulatory policy. …

convergence between antitrust and regulatory policy. …

Antitrust policy for the pooling of patents and other intellectual property rights has undergone a dramatic … developments in economics that provide a better understanding of the characteristics of patent pools that warrant antitrust … scrutiny. The change, however, was slow, and the U.S. antitrust agencies did not clarify their enforcement principles with …

. Mergers, for instance, are proposed by the merging parties, reviewed and perhaps challenged by antitrust agencies, and … for antitrust. This debate misses two critical issues. First, antitrust is not straightforwardly welfarist—it does not … maximize but protects, and it does not forbid all actions that seem likely to lower some welfare measure. Rather, antitrust …