Although antitrust courts sometimes stress the competitive process, they have not deeply explored what that process is. Inspired by the theory of the core, we explore the idea that the competitive process is the process of sellers and buyers forming improving coalitions. Much of antitrust can be...

Professor Varian's overview analyzes a variety of competitive strategies used by high-tech companies. These strategies - such as personalized pricing, lock-in, and the adoption of uniform compatibility standards to fuel bandwagon effects - often rely on intellectual property, typically...