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Antitrust and Trade Regulation Commons™
Open Access. Powered by Scholars. Published by Universities.®
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- Antitrust Law (6)
- Sherman Act (3)
- Tying Arrangements (3)
- Economics (2)
- Monopolies (2)
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- Antitrust (1)
- Antitrust Guidelines (1)
- Clayton Act (1)
- Competition (1)
- Cooperation (1)
- Deregulation (1)
- Divestiture (1)
- Exclusive Dealing Agreements (1)
- Franchises (1)
- Freedom of Contract (1)
- Government Regulation (1)
- Joint Ventures (1)
- Law & Economics (1)
- Market Share (1)
- Mergers & Acquisitions (1)
- Microsoft Corporation (1)
- Public Companies (1)
- Rule of Reason (1)
- Stock Prices (1)
- Vertical Integration (1)
Articles 1 - 10 of 10
Full-Text Articles in Antitrust and Trade Regulation
Were The 1982 Merger Guidelines Old News?, Alan J. Meese, Sarah L. Stafford
Were The 1982 Merger Guidelines Old News?, Alan J. Meese, Sarah L. Stafford
Faculty Publications
This paper examines the impact of the 1982 Department of Justice Merger Guidelines on the stock market prices of publicly traded firms in the United States. We argue that those Guidelines were perceived by the market as a real change in enforcement policy that would result in substantial deregulation of mergers throughout the economy. We conduct an event study of S&P 500 firms to test this hypothesis and find evidence of a significant positive effect on the stock prices of firms in moderately concentrated industries subject to antitrust regulation, the firms for which the 1982 Guidelines articulate a substantially less …
Debunking The Purchaser Welfare Account Of Section 2 Of The Sherman Act: How Harvard Brought Us A Total Welfare Standard And Why We Should Keep It, Alan J. Meese
Faculty Publications
The last several years have seen a vigorous debate among antitrust scholars and practitionersa bout the appropriates tandardf or evaluating the conduct of monopolists under section 2 of the Sherman Act. While most of the debate over possible standards has focused on the empirical question of each standard's economic utility, this Article undertakes a somewhat different task: It examines the normative benchmark that courts have actually chosen when adjudicating section 2 cases. This Article explores three possible benchmarks-producer welfare, purchaser welfare, and total welfare-and concludes that courts have opted for a total welfare normative approach to section 2 since the …
Leveraged Liquidity: Bear Raids And Junk Loans In The New Credit Market, Jose M. Gabilondo
Leveraged Liquidity: Bear Raids And Junk Loans In The New Credit Market, Jose M. Gabilondo
Faculty Publications
No abstract provided.
Price Theory, Competition, And The Rule Of Reason, Alan J. Meese
Price Theory, Competition, And The Rule Of Reason, Alan J. Meese
Faculty Publications
Challenging traditional antitrust jurisprudence, Professor Alan J. Meese argues that the present structure of Rule of Reason analysis, applied pursuant to Standard Oil v. United States, has become outdated. The Rule of Reason as currently applied by the courts rests upon neoclassical price theory, an economic paradigm that assumes that legitimate competition consists of unbridled technological rivalry, unconstrained by nonstandard contracts. Recently, however, the Supreme Court has begun to apply a competing paradigm- Transaction Cost Economics-when determining whether a contract is unreasonable "per se" or instead deserving of Rule of Reason scrutiny. Professor Meese argues that Transaction Cost Economics more …
Raising Rivals' Costs: Can The Agencies Do More Good Than Harm?, Alan J. Meese
Raising Rivals' Costs: Can The Agencies Do More Good Than Harm?, Alan J. Meese
Faculty Publications
No abstract provided.
Don't Disintegrate Microsoft (Yet), Alan J. Meese
Don't Disintegrate Microsoft (Yet), Alan J. Meese
Faculty Publications
No abstract provided.
Monopoly Bundling In Cyberspace: How Many Products Does Microsoft Sell?, Alan J. Meese
Monopoly Bundling In Cyberspace: How Many Products Does Microsoft Sell?, Alan J. Meese
Faculty Publications
No abstract provided.
Liberty And Antitrust In The Formative Era, Alan J. Meese
Liberty And Antitrust In The Formative Era, Alan J. Meese
Faculty Publications
No abstract provided.
Tying Meets The New Institutional Economics: Farewell To The Chimera Of Forcing, Alan J. Meese
Tying Meets The New Institutional Economics: Farewell To The Chimera Of Forcing, Alan J. Meese
Faculty Publications
No abstract provided.
Antitrust Balancing In A (Near) Coasean World: The Case Of Franchise Tying Contracts, Alan J. Meese
Antitrust Balancing In A (Near) Coasean World: The Case Of Franchise Tying Contracts, Alan J. Meese
Faculty Publications
No abstract provided.