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Two premises underlie state health care antitrust law reform measures. The first presumes that the federal antitrust laws prevent efficiency-enhancing collaborations and that, by displacing the federal regime, states can encourage health care firms to generate cost savings that they in turn will...
Persistent link: https://www.econbiz.de/10014138127
This Article will argue that single-entity status is inappropriate and unnecessary for professional sports leagues. It will proffer that while professional sports leagues might initially appear to be significantly different from other joint ventures, the difference is functionally superficial...
Persistent link: https://www.econbiz.de/10014138128
Microeconomic theory has long guided competition law. Using price- and game-theoretic models, antitrust has settled on rules that have endured because they are more coherent, easier to understand, and simpler to apply than any other methodology. In application, those rules predict the market...
Persistent link: https://www.econbiz.de/10014153314
The basic operational premise of the U.S. antitrust system posits that one can reliably demarcate business conduct into two distinct classes, specifically unilateral and concerted behavior. Professional sports leagues and other complex ventures confound this premise, engaging in arrangements...
Persistent link: https://www.econbiz.de/10014187510
The role that the state place, both formally and informally, within the jurisdiction is dictated by factors that are political, cultural, and historical, and may relate to the stage of a nation’s economic development. In a market friendly environment with a strong commitment to competition law...
Persistent link: https://www.econbiz.de/10013250203
Competition laws are economic statutes aimed at promoting and protecting competition in markets. While there is general agreement about the types of conduct deemed to be detrimental to competition, the form and content of competition laws vary. The political economies of individual...
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For nearly 100 years, antitrust policy in the United States has reflected the important role of private enforcement by allowing private litigants to benefit from successful government enforcement actions. With the enactment of section 5(a) of the Clayton Act in 1914, prior judgments obtained by...
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