Econometric analysis of television station revenue is undertaken to help assess the effects of changing cable television regulations on broadcast stations. Revenue is closely related to audience size and characteristics. Audience value depends upon its location relative to the station and...

This report analyzes the issues of the current antitrust case against Microsoft from an economic perspective. This report presents the main charges by the Justice Department and Microsoft's defense against these charges. Both the Justice Department's and Microsoft's arguments are then analyzed...

The "parallel behavior is enough" standard cannot assist the courts in distinguishing horizontal agreements to restrain trade from normal competition. It would very likely impose significant costs on the economy by distorting competitive incentives and encouraging meritless litigation designed...