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Private antitrust litigation often involves a dominant firm being accused of exclusionary conduct by a smaller rival. In such cases, the defendant generally has a much larger financial stake in the outcome. We explore the implications of this asymmetry in a model of litigation with endogenous...
Persistent link: https://www.econbiz.de/10012838366
This article seeks an answer to a question that should be well settled: for purposes of antitrust analysis, what is 'market power' and/or 'monopoly power'? The question should be well settled because antitrust law requires proof of actual or likely market power or monopoly power to establish...
Persistent link: https://www.econbiz.de/10012771747
This Feature summarizes why and how vertical merger enforcement should be invigorated. In our modern market system, vigorous vertical merger enforcement is a necessity. Strong enforcement is particularly important in markets where economies of scale and network effects lead to barriers to entry...
Persistent link: https://www.econbiz.de/10012932509
It has been one hundred years since the end of the Progressive Era and twenty years since the Microsoft settlement. This twenty-year period has seen the rise of the Internet and a new set of dominant platforms, as well as increased consolidation in the brick-and-mortar world. Antitrust has...
Persistent link: https://www.econbiz.de/10013247520
Anticompetitive conduct involved in purchasing labor services by a group of firms (or a single firm) sometimes may have the effect of benefiting downstream consumers even as the conduct harms the firms’ workers. Defendants may attempt to justify those restraints—and may argue the ancillary...
Persistent link: https://www.econbiz.de/10013291153
Now that the immediate fallout from the Supreme Court’s blockbuster Amex decision has cooled, this Article aims to give a first draft of its place in antitrust history and to offer a roadmap for the next stage of the evolution of platform antitrust analysis. We focus on several issues that...
Persistent link: https://www.econbiz.de/10013291917