In February, the European Competition Commission fined Microsoft $1.35 billion in what was just the latest in a long line of antitrust cases against the company. Ironically, though, whatever market power Microsoft possessed was already ebbing by the time the company became mired in legal battles...

Introduction / Robert W. Hahn -- Tales of bundling : implications for the application of antitrust law to bundled discounts / Bruce H. Kobayashi -- Why tie an essential good? / Dennis W. Carlton and Michael Waldman -- Tying : the poster child for antitrust modernization / David S. Evans

Antitrust law is intended to protect consumer welfare and foster competition. At first glance, however, it is often unclear whether certain business practices have positive or detrimental effects. Businesses frequently engage in activities that may appear anticompetitive on the surface, but are...

Antitrust law is intended to protect consumer welfare and foster competition. At first glance, however, it is often unclear whether certain business practices have positive or detrimental effects. Some activities that appear anticompetitive can actually prove beneficial to consumers. In...