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?

Introduction -- Which horizontal agreements are illegal? -- What unilateral conduct is illegal? -- Vertical agreements that restrict dealing with rivals -- Distorting downstream distribution of a supplier's products -- Proving an agreement or concerted action -- Mergers and acquisitions --...