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To the extent that the two-sided market literature improves competitive-effects analysis, it improves the fundamental purpose of antitrust law.
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The Court has continued its course of limiting judicial interference with market forces to situations where a distinct and anticompetitive distortion is evident and in a manner that will not likely discourage pro-competitive innovation and an efficient allocation of resources.
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In a relatively rare "predatory bidding" case, Weyerhaeuser Co. v. Ross-Simmons has been granted certiorari by the U.S. Supreme Court, apparently in a effort to clarify whether the antitrust laws protect price competition on the buy side to the same extent that they protect price competition on...
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For decades, the Democrats have been viewed as the party of the poor, with the Republicans representing the rich. Recent presidential elections, however, have shown a reverse pattern, with Democrats performing well in the richer blue states in the northeast and coasts, and Republicans dominating...
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A linear regression of y on x can be approximated by a simple difference: the average values of y corresponding to the highest quarter or third of x, minus the average values of y corresponding to the lowest quarter or third of x. A simple theoretical analysis shows this comparison performs...
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We find that income matters more in "red America" than in "blue America." In poor states, rich people are much more likely than poor people to vote for the Republican presidential candidate, but in rich states (such as Connecticut), income has a very low correlation with vote preference. In...
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Scholars disagree over the extent to which presidential campaigns activate predispositions in voters or create vote preferences that could not be predicted. When campaign related information flows activate predispositions, election results are largely predetermined given balanced resources. They...
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