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Full-Text Articles in Law

The Hidden Costs Of Free Goods: Implications For Antitrust Enforcement, Michal S. Gal, Daniel L. Rubinfeld Aug 2016

The Hidden Costs Of Free Goods: Implications For Antitrust Enforcement, Michal S. Gal, Daniel L. Rubinfeld

Daniel L. Rubinfeld

Today a growing number of goods and services are provided in the marketplace free of charge; indeed, free or the appearance of free, have become part of our ecosystem. More often than not, free goods and services provide real benefits to consumers and are clearly pro-competitive. Yet free goods may also create significant costs. We show that despite the fact that the consumer does not pay a direct price, there are indirect prices that reflect the opportunity cost associated with the consumption of free goods. These indirect costs can be overt or covert, in the same market in which the …


Improving Antitrust Sanctions, Daniel L. Rubinfeld Dec 2015

Improving Antitrust Sanctions, Daniel L. Rubinfeld

Daniel L. Rubinfeld

No abstract provided.


Measuring Benchmark Damages In Antitrust Litigation, Daniel Rubinfeld, Justin Mccrary Dec 2013

Measuring Benchmark Damages In Antitrust Litigation, Daniel Rubinfeld, Justin Mccrary

Daniel L. Rubinfeld

We compare the two dominant approaches to estimation of benchmark damages in antitrust litigation, the forecasting approach and the dummy variable approach. We give conditions under which the two approaches are equivalent and present the results of a small simulation study.


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.


Antitrust Class Certification: Towards An Economic Framework, Daniel Rubinfeld Mar 2011

Antitrust Class Certification: Towards An Economic Framework, Daniel Rubinfeld

Daniel L. Rubinfeld

No abstract provided.


Revising The Horizontal Merger Guidelines: Lessons From The U.S. And The E.U., Richard J. Gilbert Dec 2010

Revising The Horizontal Merger Guidelines: Lessons From The U.S. And The E.U., Richard J. Gilbert

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

Daniel L. Rubinfeld

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.


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.