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billion a year. Brand firms have contended that antitrust law does not compel them to deal with their competitors and have … generics.Brands' denial of samples offers a textbook case of monopolization. In the universe of pharmaceutical antitrust … to a slightly modified version — has received the lion's share of attention. But sample denials are overdue for antitrust …
Persistent link: https://www.econbiz.de/10012955066
Antitrust remedies -- criminal and civil, public and private, penalties and injunctions -- are supposed to “eliminate …. A substantial literature now examines the optimal use of antitrust remedies in specific contexts or for specific …
Persistent link: https://www.econbiz.de/10013036892
In this article, first published in 17 Managerial & Decision Econ. 127 (1996), we show how economic theory guides the … courts' determinations of which harms from collusive and exclusionary practices constitute antitrust injury …
Persistent link: https://www.econbiz.de/10013039479
This article, published in 1991, describes the two great ideologies of the market and the state that shaped antitrust …
Persistent link: https://www.econbiz.de/10013039482
Antitrust and competition law have grown dramatically in importance and significance over the last fifty years. US … antitrust law has been the principal source of inspiration for jurisdictions wishing to introduce regulation to control cartels … and monopolization, and antitrust regulation has now been adopted in more than 120 countries. The significance of this …
Persistent link: https://www.econbiz.de/10012913418
without transparently violating the antitrust laws. Problematically, such agreements are highly profitable for reasons that … noninfringed, they prefer to restrain competition to monopoly and share in the proceeds. In response, antitrust has recently come …-for-delay” agreements—how to administer this burgeoning antitrust standard remains an open question. Applying recent work in economics, this …
Persistent link: https://www.econbiz.de/10012914061
U.S. antitrust law empowers enforcers to review pending mergers that might undermine competition. But there is growing … aggressive antitrust interventions have critiqued the substantive merger-review standard, arguing that it is too friendly to … damaging it instead. The rise of antitrust reverse termination fees (“ARTFs”)—payments from the acquirer to the target if the …
Persistent link: https://www.econbiz.de/10013218936
A fallacy lies at the core of modern antitrust. The ascendance of the consumer welfare standard is a story often told … contemporary antitrust enterprise. That role has gone unnoticed by most observers, but the antitrust orthodoxy correctly observes … that output has become the "Holy Grail," the "touchstone," and the "sine qua non" of antitrust. Bork, Posner, Easterbrook …
Persistent link: https://www.econbiz.de/10013221263
In The Hidden Rules of a Modern Antitrust, Ramsi Woodcock argues that courts’ systematic use of the rule of reason …, which underpins most of contemporary antitrust law, effectively amounts to an unwarranted blanket exemption from liability … rule of reason, and the shrinking budgets of antitrust enforcement agencies.As this Response discusses, Woodcock’s bold …
Persistent link: https://www.econbiz.de/10013225189
This chapter deals with cartel fines as sanctions to deter cartelization. The concept of cartel fines as a deterrent is based on the premise that a potential cartelist will refrain from joining a cartel if the expected fine will exceed or at least offset any cartel gains. Based on a simple...
Persistent link: https://www.econbiz.de/10013226966