Herbert Hovenkamp has written a new single-volume overview of U.S. antitrust law titled <i>The Antitrust Enterprise: Principle and Execution</i>. Professor Randal Picker wrote a review of this book in the Autumn 2006 issue of <i>CPI</i>.

What is the right way to frame the competition policy baseline for assessing whether a new arrangement such as Google Book Settlement is pro-competitive?

The majority opinion makes no effort to explain how we as a society should confront this core one-sidedness of information. This is hardly just an antitrust problem. We will constantly confront information that is systematically more available to one side more than the other, and we will see...

We should want the ecosystem containing digital libraries to be rich and teeming. Randal Picker (Univ. of Chicago)

In the pre-networked world, Windows played the central role in coordinating the sharing of software. The rise of the network changes how software should be distributed and changes the role of Windows in software coordination. There is less of a need for mandatory incorporation of software into...

Since the passage of the Interstate Commerce Act (1897) and the Sherman Act (1890), regulation and antitrust have operated as competing mechanisms to control competition. Regulation produced cross-subsidies and favors to special interests, but specified prices and rules of mandatory dealing....