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Antitrust

Faculty Scholarship

Law and Economics

1991

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Economic Rents And Essential Facilities, Keith N. Hylton Jan 1991

Economic Rents And Essential Facilities, Keith N. Hylton

Faculty Scholarship

This paper presents an economic analysis of the essential facility doctrine of antitrust. According to this doctrine, a firm or group of firms that possesses exclusive access to a cost-reducing facility must be prepared to share such access on fair terms with competitors.