The U.S. Supreme Court has now decided 14 antitrust cases in a row in favor of the defendant. But this does not indicate an embrace of the conservative Chicago School over the moderate Harvard School.

In a recent review of <i>Global Competition Law and Economics</i>, a book I co-wrote with Damien Geradin, John Kallaugher raises some interesting questions about the very premises of the book. These questions seem worth addressing because they go well beyond an assessment of the book to raise...

Presenting what we need to reject not only the single monopoly profit theory but also a categorical rule of per se legality for either all ties or all ties without a substantial foreclosure share. Einer Elhauge, Harvard Law School

Given the proper framing, the right question to ask is: Does the Google Book settlement lower consumer welfare from what it would be without a settlement?

Why is our health care system so fragmented in the care it gives patients? Why is there little coordination amongst the many doctors who treat individual patients, who often even lack access to a common set of medical records? Why is fragmentation a problem even within a single hospital, where...

This chapter summarizes all the other chapters and links them to a general theory of team production in health care. The chapter defines what fragmentation means, the four levels at which it operates, and shows that it worsens health outcomes and costs. The chapter explains why economic theories...

Various arguments attempting to resurrect the single monopoly profit theory of tying have been made, but none are successful. The Seabright claim that it is supported by a lack of empirical proof fails because the single monopoly profit theory is an impossibility theory, and my recommended...

Proper analysis of the Google books settlement requires framing the issues correctly in two important respects. First, it requires understanding that sound antitrust analysis turns on likely effects on consumer welfare, not on debatable spins of arid formalisms. Second, it requires measuring...