This filing, from the Tunney Act proceeding in the Microsoft antitrust case, assesses the legal, policy and economic implications of the DOJ-Microsoft consent decreed - the Proposed Final Judgment . We find that (a) the PFJ fails to address meaningfully the violations of law found by the U.S....

Do the antitrust laws have a place in the digital economy or are they obsolete? That is the question raised by the government's legal action against Microsoft, and it is the question this volume is designed to answer. America's antitrust laws were born out of the Industrial Revolution. Opponents...

There is general agreement that cost-effective environmental regulation uses market mechanisms, such as a tax or a cap-and-trade program, in order to leave choices about the least-cost ways of achieving policy goals to individual producers and consumers. A renewable electricity standard (RES) is...