Tag: Classic
Classic Antitrust Cases: Trinko, linkLine and the House Report on Big...
By: Steven J. Cernak (The Antitrust Attorney)
On October 6, 2020, the Antitrust Subcommittee of the U.S. House Judiciary Committee issued its long-anticipated Majority Report of its...
Introduction to Harberger’s Monopoly and Resource Allocation–The Pioneering Article on Deadweight...
Hill Wellford, Nov 01, 2009
Arnold Harberger´s 1954 article, Monopoly and Resource Allocation,brought empirical analysis of the social costs of monopoly into the mainstream of...
Platform Competition in Two-Sided Markets
Jean-Charles Rochet, Jean Tirole, Jan 30, 2015
Many if not most markets with network externalities are two-sided. To succeed, platforms in industries such as software,...
The Design of Competition Policy Institutions for the 21st Century—The Experience...
Philip Lowe, Sep 11, 2014
All competition policy and enforcement systems consist of essentially two components: the legal instruments (‘rules’) governing both substance, competences and...
Appropriating the Returns from Industrial Research and Development (1950)(reprint)
Dec 20, 2013
To have the incentive to undertake research and development, a firm must be able to appropriate returns sufficient to make the investment...
An Introduction to Whinston’s Tying, Foreclosure, and Exclusion by M.D. Whinston
Eliana Garces, Dec 20, 2012
After its publication in 1990, Michael Whinston's article on Tying, Foreclosure, and Exclusion, quickly achieved fame for being the first...
Tying, Foreclosure, and Exclusion (1990)(reprint)
Dec 20, 2012
In recent years, the "leverage theory" of tied good sales has faced heavy and influential criticism. In an important sense, though, the...
Law and the Future: Trade Regulation (1956) (reprint)
Jun 19, 2012
Originally published in the Northwestern University Law Review, Vol. 51, No. 281, 1956. Reprinted with special permission of Northwestern University School of...
A Note on Director & Levi (1956) (reprint)
Jun 19, 2012
In their uninformatively titled article, “Law and the Future: Trade Regulation,” Director and Levi set out a research agenda as well as...
A Tribute, of Sorts, to William F. Baxter’s Bank Interchange of...
Thomas Brown, Dec 22, 2011
In 1983, the Assistant Attorney General of the Antitrust Division in the United States Department of Justice, Bill Baxter, did...