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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
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
Antitrust, properly understood, plays a modest role in constraining commercial behavior. With respect to unilateral conduct, it does not prohibit monopoly or the fortuitous or quality-based acquisition of the same. It generally permits dominant companies to enjoy the fruits of their positions...
Persistent link: https://www.econbiz.de/10014177532
Whether an act gives rise to liability should turn on its tendency to yield particular outcomes, rather than on its ultimate effect, which may have resulted from extraneous factors beyond the actor’s control and foresight. This principle is firmly engrained in jurisprudence, yet antitrust...
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"Antitrust needs an overhaul. So cry neo-Brandeisians, who urge a crackdown on industrial concentration. To the alarm of mainstream antitrust thinkers, the critics have found traction. Hostility to modern competition policy, however, did not arise in a vacuum. This polarized era has seen...
Persistent link: https://www.econbiz.de/10012533771
This article develops a novel theory by which to construe the interaction between the patent and antitrust laws. The rules of these respective disciplines are often portrayed as conflicting in means, yet harmonious in purpose. Although the intellectual property and antitrust laws have ostensibly...
Persistent link: https://www.econbiz.de/10012753173
Industrial consolidation, digital platforms, and changing political views have spurred debate about the interplay between public and private power in the United States and have created a bipartisan appetite for potential antitrust reform that would mark the most profound shift in US competition...
Persistent link: https://www.econbiz.de/10013272538
Patent-assertion entities, or “PAEs,” are non-technology-practicing companies that aggregate and license patents under threat of suit. Their activities have drawn fire, including Presidential condemnation, and spurred proposed legislation to protect operating firms against them. PAEs...
Persistent link: https://www.econbiz.de/10014147680