Indirect purchaser class actions are a prevalent avenue for the civil recovery of damages resulting from antitrust violations such as price fixing and monopolization. Although both direct purchaser and indirect purchaser actions are commonplace in antitrust, there are key differences between...

Many vociferous opponents to patent trolls claim that trolls are a drag on society. Patent trolls are accused of using the patent system to extort unreasonable royalty payments from companies who benefit the economy by developing products that consumers want. The extortionary royalty payments,...

In light of the prominence of experimental approaches in economics, the increasing application of such approaches in industrial organization, and the emerging criticisms, this area of economic research is likely to have an impact on the way that antitrust analyses are performed. In this paper, I...

Unreasonably large damages awards in patent litigation have been an important force in motivating the movement for patent reform. “Apportionment” has found support as a solution to problem damages awards. Under apportionment, the portion of the overall value of the product that is...

In recent cases, class action plaintiffs have sought to exclude statistical testing that can be useful for conducting the predominance inquiry required under the Federal Rules of Civil Procedure. The efforts to banish these methods are not only inconsistent with recent court decisions...

Using the heterogeneous treatment effects literature in econometrics as a starting point, we synthesize concepts related to the certification of classes in class actions in a way that is consistent with the current legal standard and provides valuable testable propositions

The Internet did not create the ad-supported business model. However, a larger variety of ad-supported services have arisen and flourished online because the Internet's functional and economic characteristics have made the ad-supported business model attractive in many online contexts. The...