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Full-Text Articles in Law
Horizontal Mergers: Law, Policy, And Economics, George A. Hay, Gregory J. Werden
Horizontal Mergers: Law, Policy, And Economics, George A. Hay, Gregory J. Werden
Cornell Law Faculty Publications
The legality of a horizontal merger under section 7 of the Clayton Act turns on a reckoning of its social costs and benefits. This paper reviews what economics has to say about that reckoning and explores the relationship between economic learning and merger law and policy.
Transnational Production Joint Ventures And United States Antitrust Law: Evaluating The Proposed National Cooperative Production Amendments, Timothy K. Armstrong
Transnational Production Joint Ventures And United States Antitrust Law: Evaluating The Proposed National Cooperative Production Amendments, Timothy K. Armstrong
Faculty Articles and Other Publications
The explosion of the United States trade deficit in the last decade or so has produced a bumper crop of self-appointed experts offering various cures for the competitive decline of key domestic industries. Among their less obvious diagnoses is that the United States government strangles domestic businesses through the antitrust laws, which forbid industrial cartels that might be better able to match the competitiveness of the Japanese. For good or ill, the Bush Administration has hewn a path fairly close to this corporatist orthodoxy, and Congress has also appeared willing to loosen the hold of antitrust laws on United States …