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Federalism

Antitrust and Trade Regulation

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Antitrust Process And Vertical Deference: Judicial Review Of State Regulatory Inaction, Jim Rossi Feb 2007

Antitrust Process And Vertical Deference: Judicial Review Of State Regulatory Inaction, Jim Rossi

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Courts struggle with the tension between national competition laws, on the one hand, and state and local regulation, on the other – especially as traditional governmental functions are privatized and as economic regulation advances beyond its traditional role to address market monitoring. This Article defends a process-based account of the state action antitrust exception against alternative interpretations, such as the substantive efficiency preemption approach recently advanced by Richard Squire, and elaborates on what such a process-based account would entail for courts addressing the role of state economic regulation as a defense in antitrust cases. It recasts the debate as focused …


Sherman's March (In)To The Sea, Andrew S. Oldham Aug 2006

Sherman's March (In)To The Sea, Andrew S. Oldham

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This Article argues that the Sherman Act is unconstitutional. At the very least, scholars and jurists must not take for granted Congress's ability to statutorily deputize the federal courts with common-lawmaking powers. The federal antitrust statute—which has been described as the Magna Carta of free enterprise—raises serious constitutional questions that have heretofore gone unexplored and unanswered. Specifically, it is difficult (if not impossible) to reconcile the Sherman Act with the separation of powers, the nondelegation doctrine, and the Supremacy Clause.