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University of Michigan Law School

Brown Shoe Co. v. United States

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Full-Text Articles in Law

Antitrust And The Consumer Interest, Kenneth S. Carlston, James M. Treece Mar 1966

Antitrust And The Consumer Interest, Kenneth S. Carlston, James M. Treece

Michigan Law Review

Public control of business in the United States has proceeded, in most sectors of the economy, on the assumption that free, open competition in the market should be the primary regulator. It is felt that consumer welfare will be maximized by such an organization of the economy. Courts, governmental agencies, and, to a certain extent, private agencies have performed the role of ensuring that free markets are not displaced by other, less desirable alternatives.


The Relativity Of Economic Evidence In Merger Cases-Emerging Decisions Force The Issue, Betty Bock Jun 1965

The Relativity Of Economic Evidence In Merger Cases-Emerging Decisions Force The Issue, Betty Bock

Michigan Law Review

The following discussion explores the interaction between law and economics as these two disciplines relate to the issues which arise under section 7 of the Clayton Act, as amended in 1950, and examines the correlative problems implicit in the working arrangements between lawyers and economists when they are asked to counsel an enforcement agency or an acquiring or acquired company concerning the potential competitive consequences of a merger.