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Passage of the Sherman Act in the United States in 1890 set the stage for a century of jurisprudence regarding monopoly, cartels, and oligopoly. Among American statutes that regulate commerce, the Sherman Act is unequaled in its generality. The Act outlawed "every contract, combination or...
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to reduce competition and thus lead to higher prices. Under current antitrust policy, the government can establish a …
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This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition … central features of antitrust policy. Our objective is to foster the improvement of legal regimes and also to identify topics … underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power …
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rather than litigate them to completion; and (4) the antitrust limits on agreements between rivals that settle actual or …
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After an investigation lasting several months, in June 1998 the Federal Trade Commission brought an antitrust lawsuit … under the antitrust laws? That is the central question explored in this paper. An introductory section provides some … background for the case by discussing the tension between intellectual property rights and antitrust law, a tension that is …
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This paper focuses on the class of legal rules that governs intellectual property rights: the antitrust limits imposed … on patent settlements. The paper discusses the benefits and costs of settlements and explains why antitrust limits on …. This paper explores a simple antitrust rule governing settlements of intellectural property disputes: a settlement cannot …
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