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levels: first as a gap filler, i.e., to help explain “real world” evidence that neoclassical economic theory cannot explain …
Persistent link: https://www.econbiz.de/10013103703
public from a finding of liability. A virtue of the current standard is the knowledge that firms who violate the antitrust … academics and agency officials—could conceivably water down the information value of a finding of liability. In essence, the …
Persistent link: https://www.econbiz.de/10014358964
This article is about the relationship between antitrust and consumer protection law. Its purpose is to define each area of law, to delineate the boundary between them, to show how they interact with each other, and to show how they ultimately support one another as the two components of a...
Persistent link: https://www.econbiz.de/10012764503
Key PointsFollowing (price-increasing) competition law infringements, consumer harm is two-fold.Consumers are negatively impacted by (i) the overcharge (they pay more for the goods actually purchased during the infringement period) and (ii) a ‘lost consumption effect’ (they buy less because...
Persistent link: https://www.econbiz.de/10013244522
This article determines the overall purpose of the Antitrust statutes in two very different ways. First, it performs a traditional analysis of the legislative history of the Antitrust laws by analyzing relevant legislative debates and committee reports. Second, it undertakes a textualist or...
Persistent link: https://www.econbiz.de/10013088192
Since the publication of Robert Bork's The Antitrust Paradox, lawyers, judges, and many economists have defended “Consumer welfare” (CW) as a standard for decisions about antitrust goals and enforcement priorities. This paper argues that the CW is actually an empty concept and is an...
Persistent link: https://www.econbiz.de/10012846917
Neil Averitt and Robert Lande have for some time been writing about consumer choice as a new paradigm for antitrust. In this comment, I both praise and extend the consumer choice paradigm and provide concrete examples of both cutting edge and familiar antitrust issues where consumer choice can...
Persistent link: https://www.econbiz.de/10014051034
This article is about the relationship between antitrust and consumer protection law. Its purpose is to define each area of law, to delineate the boundary between them, to show how they interact with each other, and to show how they ultimately support one another as the two component parts of an...
Persistent link: https://www.econbiz.de/10014218028
Persistent link: https://www.econbiz.de/10012856715
. The paper criticizes the theory and explains why it would be a mistake to adopt it as a guide to antitrust liability …This paper evaluates the effect on competition of adopting the FTC's product hopping theory as an antitrust doctrine …
Persistent link: https://www.econbiz.de/10012986985