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Full-Text Articles in Antitrust and Trade Regulation
Consumer Choice As The Best Way To Recenter The Mission Of Competition Law, Robert H. Lande
Consumer Choice As The Best Way To Recenter The Mission Of Competition Law, Robert H. Lande
All Faculty Scholarship
This article will (1) define the consumer choice approach to competition law or antitrust law and show how it differs from other approaches; (2) discuss the types of situations where a consumer choice focus is likely to make a difference in enforcement outcomes, producing better results than the other paradigms; (3) show that another important advantage of using the consumer choice approach would be to nudge decisions in the right direction; and (4) offer a brief overview of implementation issues.
This is a chapter of a forthcoming ASCOLA book, and is a condensation and update of Neil W. Averitt & …
Tying Arrangements And Antitrust Harm, Erik Hovenkamp, Herbert J. Hovenkamp
Tying Arrangements And Antitrust Harm, Erik Hovenkamp, Herbert J. Hovenkamp
All Faculty Scholarship
A tying arrangement is a seller’s requirement that a customer may purchase its “tying” product only by taking its “tied” product. In a variable proportion tie the purchaser can vary the amount of the tied product. For example, a customer might purchase a single printer, but either a contract or technological design requires the purchase of varying numbers of printer cartridges from the same manufacturer.
Such arrangements are widely considered to be price discrimination devices, but their economic effects have been controversial. Tying has been attacked on the theory that price discrimination of this sort reduces consumer welfare. We show …