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On the Meaning of Horizontal Agreements in Competition Law
On the Meaning of Horizontal Agreements in Competition Law

... Joseph Vardner for research assistance; and the Kauffman Foundation and Harvard Law School’s John M. Olin Center for Law, Economics, and Business for financial support. Seeds for some of the ideas in this Article appear but are not developed in PHILLIP AREEDA & LOUIS KAPLOW, ANTITRUST ANALYSIS (4th ...
Legal Implications of Network Economic Effects
Legal Implications of Network Economic Effects

... and untested in its field of origin. In some cases, a new theory will pose questions that the law has not previously decided. Because these novel questions are less subject to the brake of stare deci- ...
Consortium Bidding Guide
Consortium Bidding Guide

... Why submit joint bids? ........................................................................................................ 3 What do we mean by consortium bidding? ......................................................................... 4 The importance of SME participation in public procureme ...
csps99
csps99

... assumed to be the sum of the producer and consumer surplus. Consumer & producer surplus ...
The Expanding Missouri Merchandising Practices Act
The Expanding Missouri Merchandising Practices Act

... * Professor Joanna Shepherd is a Professor of Law at Emory University where she teaches classes in Torts, Law and Economics, Analytical Methods for Lawyers, Statistics, and Health Policy. Before joining Emory, Professor Shepherd was an Assistant Professor of Economics at Clemson University. She hold ...
“buyer power” and economic policy
“buyer power” and economic policy

... recently, the Federal Trade Commission has issued reports that discuss * Professor of Economics and Director, Stanford Center for International Development, Stanford University. The author thanks Scott Nicholson for research assistance. 1 United States v. New York Great Atl. & Pac. Tea Co., 173 F.2d ...
Consumer Protection in India
Consumer Protection in India

... times when the Mahatma Gandhi remarked that customer should be treated with respect as he is precious and does a favour on the seller by coming to him for buying things. Consumer interest was for the first time spoken about in the United States of America as mentioned above by President John F. Kenn ...
Should Predatory Pricing Rules Immunize
Should Predatory Pricing Rules Immunize

... This Article is brought to you for free and open access by the Faculty Scholarship at ScholarWorks@University of Baltimore School of Law. It has been accepted for inclusion in All Faculty Scholarship by an authorized administrator of ScholarWorks@University of Baltimore School of Law. For more infor ...
Antitrust Governance: The New Wave of Antitrust
Antitrust Governance: The New Wave of Antitrust

... 8. American antitrust lawyers do not view themselves as regulators. The ideal form of antitrust intervention is a one-off remedy that releases the forces of competition as the main discipline on firm conduct, and thereby avoids the need for the heavy hand of regulation. See Robert H. Lande, Professo ...
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... Regulation and Deregulation Price Cap Regulation A price-cap regulation is a price ceiling—a rule that specifies the highest price the firm is permitted to set. Price cap regulation gives managers an incentive to minimize cost because there is no limit on the rate of return they are permitted to ea ...
Economic Doctrines and Approaches to Antitrust
Economic Doctrines and Approaches to Antitrust

... sense of a complex, rapidly-changing economy with limited data and knowledge. Because antitrust at its heart involves the application of legal theory and analysis to economic problems, it should not be surprising that economic doctrines shape approaches to antitrust. As Caulkins notes, “Legal standa ...
Paris, le 25 septembre 2009 - Cerna
Paris, le 25 septembre 2009 - Cerna

... stakeholders on several counts4. In particular, the Inquiry did not offer firms any guidance on two key questions: Under what circumstances can European antitrust law limit pharmaceutical firms’ intellectual property rights? When does influencing a regulatory agency amount to an illegal practice5? T ...
5. Proving Conspiracy - Applied Antitrust Law
5. Proving Conspiracy - Applied Antitrust Law

... More precisely, monopoly power exists when the firm profitably can maintain price substantially above the competitive level for a significant period of time ...
The Future of Reciprocity: A Study in Antitrust
The Future of Reciprocity: A Study in Antitrust

... Construing both sections [of the Sherman Act], the Rule of Reason as the general rule of construction . . . requires interpreting the Act in light of a broad public policy favoring competition and condemning monopoly. While Standard Oil gave the courts discretion in interpreting the word 'every' in ...
Antitrust Compliance Policy
Antitrust Compliance Policy

... The antitrust laws are complex, and there is no single global competition statute. Rather, competition and antitrust laws are enforced in over 100 countries including China, the European Union, Japan, Korea, Taiwan, and the United States. For the competition rules of a particular country to be appli ...
Marketing in Antitrust: Contributions and Challenges
Marketing in Antitrust: Contributions and Challenges

... it leads to the concept of a market and a marketplace (Houston and Gassenheimer 1987). Marketing is defined as the societal process by which individuals and groups obtain what they need and want through creating, offering, and freely exchanging products and services of value with others (Kotler 2003 ...
The antitrust implications of relationship marketing
The antitrust implications of relationship marketing

... the charges need not be independent. (Readers who require more background about these acts should see Appendix A.) Other Western countries have antitrust governing rules that encompass many of the same ideas as the US Antitrust Acts. The Competition Act of Canada promotes and maintains fair competit ...
Market economy test.
Market economy test.

... Decision-making process ...
Antitrust Summary - American Public Works Association
Antitrust Summary - American Public Works Association

... among members of the public works industry. While considerable information in the public works industry ultimately is disclosed to the public, many persons active in the APWA, also have access to non-public information. Because some APWA members may have non-public information that may impact on com ...
Study Guide
Study Guide

... $100,000 for individuals; (3) civil suit by persons harmed for treble damages (three times actual damages suffered); and (4) a state may file a class action on behalf of its citizens (parens patriae action). (b) Clayton Act  The Clayton Act forbids a company from acquiring an interest in the assets ...
Antitrust Policy
Antitrust Policy

... sell a desired product only on the condition that the buyer acquires other products from the same producer o Section 7 prohibits the formation of interlocking directorates – situations where a director of one firm is also a board member of a competing firm – in a large corporations where the effect ...
INTRODUCTION
INTRODUCTION

... competition, market definition, and market power. The objectives and techniques of competition law will also be part of the discussion, and it is followed by a brief discussion of competition policy in the EU, UK, and US. ...
Radian Group Inc. Antitrust Compliance Policy Purpose This
Radian Group Inc. Antitrust Compliance Policy Purpose This

1

Institute for Consumer Antitrust Studies

The Institute for Consumer Antitrust Studies is a non-partisan, independent academic center designed to explore the impact of antitrust enforcement on the individual consumer and public, and to shape policy issues. It is located at Loyola University Chicago School of Law in Chicago, Illinois.The School of Law created the Institute in 1994 at the direction of then-dean Nina S. Appel, Professor Jane H. Locke, and a variety of other supporters. Funding for the Institute was provided via a cy pres award from the late United States District Judge Hubert Will with funds remaining from a large antitrust settlement. In 2009, the Institute celebrated its 15th anniversary.Beginning in 2000, Professor Spencer Waller became director of the Institute. Professor Waller has authored numerous scholarly articles and several books on the subject of antitrust. Prior to joining the Institute, Professor Waller served as Associate Dean at Brooklyn Law School. In addition to teaching, Professor Waller practiced with the United States Department of Justice Antitrust and Criminal Divisions and with the Chicago law firm of Freeborn & Peters.Shaping the Future of Competition and Consumer Law and Policy, an online brochure, lists the antitrust- and consumer protection-focused courses offered at Loyola University Chicago School of Law, detailed descriptions of the Student Fellow and Senior Research Fellow programs, and also chronicles the Institute’s involvement with the local and international competition communities.
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