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Full-Text Articles in Law
'Dynamic Competition' Does Not Excuse Monopolization, Jonathan Baker
'Dynamic Competition' Does Not Excuse Monopolization, Jonathan Baker
Articles in Law Reviews & Other Academic Journals
This comment on a forthcoming article by Keith Hylton and David Evans explains why considerations of "dynamic competition" do not argue against antitrust enforcement. While the prospect of achieving monopoly may foster innovation, that observation misleads as to appropriate antitrust policy unless qualified by the observation that the push of competition generally spurs innovation more than the pull of monopoly. Moreover, the longstanding doctrinal rule that mere monopoly pricing is not illegal should not be read as demonstrating that antitrust law values monopolies for their role in promoting innovation.
Merger To Monopoly To Serve A Single Buyer: Comment, Jonathan Baker
Merger To Monopoly To Serve A Single Buyer: Comment, Jonathan Baker
Articles in Law Reviews & Other Academic Journals
No abstract provided.
Efficiencies And High Concentration: Heinz Proposes To Acquire Bech-Nut (2001), Jonathan Baker
Efficiencies And High Concentration: Heinz Proposes To Acquire Bech-Nut (2001), Jonathan Baker
Contributions to Books
This chapter discusses the FTC’s court challenge, in 2001, to the proposed merger of two baby food producers, Heinz and Beech-Nut. The chapter describes the economic issues at stake in the litigation, with a particular focus on the possibility that efficiencies could justify a merger in an industry in which post-merger concentration would be high.