traditional laws to regulate firms and corporations. This is best illustrated by antitrust laws. With the new technology, there is …. Traditional antitrust law does not apply to these markets because the high returns to scale are natural and not artificially …

Innovation is a flabby concept in antitrust practice, only coming into play in limited situations, as contrasted with … theories of antitrust are inadequate. For innovation to be more muscular and better account for real world examples of … innovation, antitrust analysis must be more attuned to innovation in business models, a framework describing how innovative firms …

technological innovation is apparent whereas technology lock-in is a rare phenomenon. Antitrust policy founded on technology lock …

technological innovation is apparent while technology lock-in is a rare phenomenon. Antitrust policy founded on technology lock …

Recent outcry for antitrust reform argues that U.S. markets have become more concentrated, that large firms’ profit … margins have increased, and that part of these changes may be attributed to lax antitrust enforcement since the 1960s. While … proposals for what they presumably believe would fix antitrust practices. Despite the clamor, one tangible and factual reason …

proliferation of private monopolies. But enforcers could not follow through on the mandate that antitrust laws provided to smash … thereby circumscribing and overthrowing, with increasing frequency, each generation of private monopoly. Antitrust settled … advance that will eventually make them obsolete. Accordingly, antitrust prohibits attempts by firms to degrade the products of …