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...

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...

Though antitrust law contains many theories and assumptions with weak or non-existent empirical support, the two described above have not been selected at random. This paper concerns itself generally with hospital mergers and, in particular, with the case of FTC v. Butterworth Health Corp., a...

In Eastman Kodak Co. v. Image Technical Services, the United States Supreme Court quietly revolutionized antitrust jurisprudence. Holding that "difficult and costly" information gaps in markets for "complex durable goods" can confer "market power" on sellers in those markets, regardless of their...

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...

Although law and economics has had an extraordinary impact on jurisprudence in recent times, the Irish legal community has largely neglected it. This Article provides a basic introduction to economic analysis of law. It suggests that the academy should more closely embrace the field as a...

This textbook places the relationship between law and economics in its international context, explaining the fundamentals of this increasingly important area of teaching and research in an accessible and straightforward manner. In presenting the subject, Alan Devlin draws on the neoclassical...

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...