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1993

University of Baltimore Law

Antitrust and Trade Regulation

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Overdeterrence

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Are Antitrust "Treble" Damages Really Single Damages?, Robert H. Lande Jan 1993

Are Antitrust "Treble" Damages Really Single Damages?, Robert H. Lande

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This Article will show that antitrust violations do not actually give rise to "treble" damages. When viewed correctly, antitrust damages awards are approximately equal to, or are in fact less than, the actual damages caused by antitrust violations.

The article demonstrates this by analyzing the relatively quantifiable harms from antitrust violations, modeling the issues under both deterrence and compensation frameworks. It calculates rough estimates of those factors that affect the magnitude of the antitrust damages multiplier actually awarded. These adjustments to the "treble" damages multiplier arise from: (1) the lack of prejudgment interest; (2) the effects of the statute of …