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Antitrust and Trade Regulation

Selected Works

Antitrust, Industrial Organization, and Competition Policy

Articles 1 - 17 of 17

Full-Text Articles in Law

Professors Update 2015, Antitrust Analysis, 7th Ed., Aaron Edlin, Scott Hemphill, Louis Kaplow Dec 2014

Professors Update 2015, Antitrust Analysis, 7th Ed., Aaron Edlin, Scott Hemphill, Louis Kaplow

Aaron Edlin

Professors Update for Antitrust Analysis, 7th edition Includes updates to American Express v. Italian Colors, North Carolina State Board of Dental Examiners v. FTC, Text Messaging, and ZF Meritor v. Eaton.


Is There A Market For Organic Search Engine Results And Can Their Manipulation Give Rise To Antitrust Liability?, Daniel L. Rubinfeld, James Ratliff Dec 2013

Is There A Market For Organic Search Engine Results And Can Their Manipulation Give Rise To Antitrust Liability?, Daniel L. Rubinfeld, James Ratliff

Daniel L. Rubinfeld

Google has been accused of manipulating its organic search results to favor its own services. We explore possible choices of relevant antitrust markets that might make these various antitrust allegations meaningful. We argue that viewing Internet search in isolation ignores the two-sided nature of the search-advertising platform and the feedback effects that link the provision of organic search results to consumers on the one hand, and the sale to businesses of advertising on the other. We conclude that the relevant market in which Google competes with respect to Internet search is at least as broad as a two-sided search-advertising market. …


Antitrust Settlements, Daniel L. Rubinfeld Dec 2013

Antitrust Settlements, Daniel L. Rubinfeld

Daniel L. Rubinfeld

This essay sketches out the conceptual framework underlying the settlement-trial decision and describes some of the empirical evidence concerning the settlement of public and private antitrust cases. Some emphasis is given to the expansive growth of public enforcement in countries outside the United States. Coupled with leniency programs, active public enforcement has encouraged settlement, which is turn has generated substantial public debate as to the deterrence value of settlement-driven policies.


Freedom To Trade And The Competitive Process, Aaron S. Edlin, Joseph Farrell Dec 2012

Freedom To Trade And The Competitive Process, Aaron S. Edlin, Joseph Farrell

Aaron Edlin

Although antitrust courts sometimes stress the competitive process, they have not deeply explored what that process is. Inspired by the theory of the core, we explore the idea that the competitive process is the process of sellers and buyers forming improving coalitions. Much of antitrust can be seen as prohibiting firms’ attempts to restrain improving trade between their rivals and customers. In this way, antitrust protects firms’ and customers’ freedom to trade to their mutual betterment.


The Role Of Switching Costs In Antitrust Analysis: A Comparison Of Microsoft And Google, Aaron Edlin, Robert Harris Dec 2012

The Role Of Switching Costs In Antitrust Analysis: A Comparison Of Microsoft And Google, Aaron Edlin, Robert Harris

Aaron Edlin

No abstract provided.


Predatory Pricing, Aaron S. Edlin Dec 2011

Predatory Pricing, Aaron S. Edlin

Aaron Edlin

Judge Breyer famously worried that aggressive prohibitions of predatory pricing throw away a bird in hand (low prices during the alleged predatory period) for a speculative bird in the bush (preventing higher prices thereafter). Here, I argue that there is no bird in hand because entry cannot be presumed. Moreover, it is plausibly commonplace that low prices or the threat of low prices produce anticompetitive results by reducing entry, inducing exit, and keeping prices high. I analyze three potential standards for identifying predatory pricing. Two are traditional but have been tangled together and must be distinguished. First, a price-cost test …


2011 Professor's Update To Antitrust Analysis, Problems, Text, And Cases, Philip Areeda, Louis Kaplow, Aaron S. Edlin Dec 2010

2011 Professor's Update To Antitrust Analysis, Problems, Text, And Cases, Philip Areeda, Louis Kaplow, Aaron S. Edlin

Aaron Edlin

No abstract provided.


Professor's Update To Antitrust Analysis: Problems, Text And Cases, Phillip Areeda, Louis Kaplow, Aaron S. Edlin Jun 2009

Professor's Update To Antitrust Analysis: Problems, Text And Cases, Phillip Areeda, Louis Kaplow, Aaron S. Edlin

Aaron Edlin

No abstract provided.


Academic Testimony On Unilateral Conduct Before The U.S. Dept. Of Justice & Federal Trade Commission Hearings, Aaron S. Edlin Jan 2007

Academic Testimony On Unilateral Conduct Before The U.S. Dept. Of Justice & Federal Trade Commission Hearings, Aaron S. Edlin

Aaron Edlin

No abstract provided.


The Bundling Of Academic Journals, Aaron S. Edlin, Daniel L. Rubinfeld May 2005

The Bundling Of Academic Journals, Aaron S. Edlin, Daniel L. Rubinfeld

Daniel L. Rubinfeld

No abstract provided.


The Bundling Of Academic Journals, Aaron S. Edlin, Daniel L. Rubinfeld May 2005

The Bundling Of Academic Journals, Aaron S. Edlin, Daniel L. Rubinfeld

Aaron Edlin

No abstract provided.


Exclusion Or Efficient Pricing: The "Big Deal" Bundling Of Academic Journals, Aaron S. Edlin, Daniel L. Rubinfeld Sep 2004

Exclusion Or Efficient Pricing: The "Big Deal" Bundling Of Academic Journals, Aaron S. Edlin, Daniel L. Rubinfeld

Daniel L. Rubinfeld

Prices of academic journals have climbed enormously in the past two decades. This article explains the substantial barriers to entry that established journals enjoy. It points out that the Big Deal bundling that the large commercial publishers have adopted in the past few years creates a substantial additional strategic barrier to entry. We consider whether these bundling offers violate the antitrust laws and conclude that they may.


Exclusion Or Efficient Pricing: The "Big Deal" Bundling Of Academic Journals, Aaron S. Edlin, Daniel L. Rubinfeld Sep 2004

Exclusion Or Efficient Pricing: The "Big Deal" Bundling Of Academic Journals, Aaron S. Edlin, Daniel L. Rubinfeld

Aaron Edlin

Prices of academic journals have climbed enormously in the past two decades. This article explains the substantial barriers to entry that established journals enjoy. It points out that the Big Deal bundling that the large commercial publishers have adopted in the past few years creates a substantial additional strategic barrier to entry. We consider whether these bundling offers violate the antitrust laws and conclude that they may.


The American Airlines Case: A Chance To Clarify Predation Policy, Aaron S. Edlin, Joseph Farrell Dec 2003

The American Airlines Case: A Chance To Clarify Predation Policy, Aaron S. Edlin, Joseph Farrell

Aaron Edlin

No abstract provided.


Stopping Above-Cost Predatory Pricing, Aaron S. Edlin Dec 2001

Stopping Above-Cost Predatory Pricing, Aaron S. Edlin

Aaron Edlin

Since 1993 when the Supreme Court decided Brooke Group, no predatory pricing plaintiff has prevailed in a final determination in the federal courts. This decision was the ultimate triumph of the Chicago School antitrust scholars and judges like Frank Easterbrook, who have argued that predation is like dragons and that there is no sufficient reason for antitrust law or the courts to take it seriously. This article argues, however, that the Court's reading of the law is unduly narrow and should be revisited. There is no compelling reason to restrict predation cases to below-cost pricing, as above-cost pricing can also …


Did Microsoft Harm Consumers? Two Opposing Views, Daniel L. Rubinfeld, David S. Evans, Franklin M. Fisher, Richard L. Schmalensee Dec 1999

Did Microsoft Harm Consumers? Two Opposing Views, Daniel L. Rubinfeld, David S. Evans, Franklin M. Fisher, Richard L. Schmalensee

Daniel L. Rubinfeld

No abstract provided.


Do Guaranteed-Low-Price Policies Guarantee High Prices, And Can Antitrust Rise To The Challenge?, Aaron S. Edlin Nov 1997

Do Guaranteed-Low-Price Policies Guarantee High Prices, And Can Antitrust Rise To The Challenge?, Aaron S. Edlin

Aaron Edlin

Price-matching policies can be highly anticompetitive. They allow firms to raise their prices above competition levels by discriminating in price between informed and uninformed customers. The resulting high prices can persist even when new firms enter the industry, a fact that gives price matching the potential to be much more socially costly than an ordinary monopoly or cartel. At the same time, widespread entry implies that the agreement among sellers that is typical of a Sherman Act price-fixing case may be absent. In this article, Professor Edlin argues that there is nonetheless an analogy between a seller offering (and agreeing) …