This article explores whether cartelists should be liable for losses resulting from umbrella pricing, thereby critically evaluating the ECJ's judgment in “Kone”. Since the EU legislature did not resolve the question of liability for umbrella pricing, it has to be evaluated in accordance with...

This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...

Although much has been written about RPM and Exclusive Dealing, acting alone, scant attention has been paid to the welfare outcome when the 2 restraints are imposed together. The article examines 2 such cases. Salton's George Foreman Contact Grills and ordinary incandescent light bulbs. It shows...