Exclusionary Vertical Restraints and Antitrust

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (931 download)

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Book Synopsis Exclusionary Vertical Restraints and Antitrust by : Claudia Landeo

Download or read book Exclusionary Vertical Restraints and Antitrust written by Claudia Landeo and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Exclusionary Vertical Restraints and Antitrust

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ISBN 13 :
Total Pages : 59 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Exclusionary Vertical Restraints and Antitrust by : Claudia M. Landeo

Download or read book Exclusionary Vertical Restraints and Antitrust written by Claudia M. Landeo and published by . This book was released on 2015 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vertical restraints, such as vertical integration, exclusive dealing contracts, and tying and bundling practices, have been subject of lively policy and academic discussions. Scholars associated with the Chicago School challenged early foreclosure doctrines by arguing that vertical restraints primarily reflected efficiency considerations. More recently, industrial organization economists have used the tools of game theory and information economics to show that these business practices might actually serve anticompetitive purposes. The complexity of the theoretical frameworks and the scarcity of empirical evidence have limited the influence of these new economic theories on antitrust law and policies.We argue that experimental law and economics might strengthen the contributions of economic theories of vertical restrains to the design and implementation of antitrust institutions. First, experimental law and economics provides empirical evidence of the robustness of economic theories of antitrust. Second, the combination of economic theory and experimental work represents the application of scientific research methods. As a result, the likelihood of admissibility in court of economic expert testimony might be strengthened. Third, experimental law and economics studies of antitrust involve the replication of complex and abstract economic theories using simple environments. These settings might facilitate policy-makers' understanding of economic theories of antitrust. We start our analysis by characterizing the legal environment in which vertical restraints operate. We then outline the main components of the methods of experimental economics applied to the study of law, and discuss the contributions of experimental law and economics. Finally, we assess the validity of our claims regarding the contributions of experimental law and economics by investigating the methodological characteristics of seminal experimental work on vertical restraints and the outcomes produced by these studies. Although the experimental literature on exclusionary vertical restraints is relatively recent, our analysis of this work provides support to our claims.

Antitrust Policy and Vertical Restraints

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Publisher : Brookings Institution Press
ISBN 13 : 0815733925
Total Pages : 107 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Antitrust Policy and Vertical Restraints by : Robert W. Hahn

Download or read book Antitrust Policy and Vertical Restraints written by Robert W. Hahn and published by Brookings Institution Press. This book was released on 2007-03-01 with total page 107 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and American Enterprise Institute publication Antitrust law is intended to protect consumer welfare and foster competition. At first glance, however, it is often unclear whether certain business practices have positive or detrimental effects. Businesses frequently engage in activities that may appear anticompetitive on the surface, but are actually beneficial to consumers. Business tying practices, for example, make the sale of one product conditional upon the sale of another product. This practice can either deprive consumers of choice and drive up prices or lower costs and improve convenience. Therefore, it is critical that policymakers have a keen understanding of which vertical restraints—limitations imposed on businesses by firms located in the production chain—are likely to harm consumers more than they benefit competition. In order to formulate economically efficient policies, they must be able to identify and limit those practices that are likely to do more harm than good. In Antitrust Policy and Vertical Restraints a group of leading scholars takes a hard look at how restraints limit the conditions under which firms may purchase, sell, or resell a good or service. The authors, representing both sides of the antitrust debate over tying practices, provide a uniquely broad perspective on this critical economic policy issue. Contributors include Dennis Carlton (University of Chicago), David Evans (University College London), Bruce Kobayashi (George Mason University), and Michael Waldman (Cornell University).

Antitrust Law and Economics

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Publisher : Edward Elgar Publishing
ISBN 13 : 1849805288
Total Pages : 311 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis Antitrust Law and Economics by : Keith N. Hylton

Download or read book Antitrust Law and Economics written by Keith N. Hylton and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this outstanding new book Professor Keith Hylton and his collaborators examine what antitrust law has become over the past ten years, a time in which economic analysis has become its undisputed core. What has become of the old antitrust doctrine, what are the new issues for the immediate future? This book brings together the leading experts to examine this silent revolution at the core of US domestic policy. Mark Grady, UCLA School of Law, US Hylton s Antitrust Law and Economics brings together many of the best authors writing in antitrust today. Their essays range widely, covering proof of agreement under the Sherman Act, group boycotts, monopolization and essential facilities, tying and other vertical restraints, and merger policy. The writing is clear, accessible but still technically sophisticated and comprehensive. This book represents the best in contemporary antitrust scholarship, by authors who understand and are able to communicate the centrality of economic analysis to antitrust. No antitrust lawyer, serious antitrust student, or antitrust economist should be without this book. Herbert Hovenkamp, University of Iowa College of Law, US This comprehensive book provides an extensive overview of the major topics of antitrust law from an economic perspective. Its in-depth treatment and analysis of both the law and economics of antitrust is presented via a collection of interconnected original essays. The contributing authors are among the most influential scholars in antitrust, with a rich diversity of backgrounds. Their entries cover, amongst other issues, predatory pricing, essential facilities, tying, vertical restraints, enforcement, mergers, market power, monopolization standards, and facilitating practices. This well-organized and substantial work will be invaluable to professors of American antitrust law and European competition law, as well as students specializing in competition law. It will also be an important reference for professors and graduate students of economics and business.

Antitrust Law

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Publisher :
ISBN 13 : 9781732511248
Total Pages : 732 pages
Book Rating : 4.5/5 (112 download)

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Book Synopsis Antitrust Law by : Gerrit De Geest

Download or read book Antitrust Law written by Gerrit De Geest and published by . This book was released on 2018-12-23 with total page 732 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of leading American antitrust cases. Each chapter offers a short introduction. Topics covered include market definition, market power, conspiracies in restraint of trade, joint venture agreements, vertical restraints, monopolization and attempt to monopolize, exclusionary conduct in monopoly, tying, predatory pricing, mergers, and private enforcement. All cases have been edited.

Antitrust Policy and Vertical Restraints

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Antitrust Policy and Vertical Restraints by : Robert W. Hahn

Download or read book Antitrust Policy and Vertical Restraints written by Robert W. Hahn and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Antitrust law is intended to protect consumer welfare and foster competition. At first glance, however, it is often unclear whether certain business practices have positive or detrimental effects. Some activities that appear anticompetitive can actually prove beneficial to consumers. In Antitrust Policy and Vertical Restraints leading law and economics scholars take a hard look at how vertical restraints limit the conditions under which firms may purchase, sell, or resell a good or service. Vertical restraints can be defined as any arrangement between firms operating at different levels of the manufacturing or distribution chain that restricts the conditions under which such firms may purchase, sell, or resell. Business tying and bundling practices, as one example, often come under scrutiny for depriving consumers of choice and driving up prices. In practice, however, bundling can lower costs and increase convenience. In order to formulate efficient policy, we must be able to identify and limit those practices that are likely to do more harm than good. It is critical that policymakers and analysts know which vertical restraints are likely to harm consumers more than they benefit competition. The authors, representing both sides of the debate over tying practices, provide a broad and informed perspective on this important issue.

The Antitrust Paradox

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Publisher :
ISBN 13 : 9781736089712
Total Pages : 536 pages
Book Rating : 4.0/5 (897 download)

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Book Synopsis The Antitrust Paradox by : Robert Bork

Download or read book The Antitrust Paradox written by Robert Bork and published by . This book was released on 2021-02-22 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.

Federal Antitrust Policy

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Publisher :
ISBN 13 :
Total Pages : 854 pages
Book Rating : 4.:/5 (44 download)

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Book Synopsis Federal Antitrust Policy by : Herbert Hovenkamp

Download or read book Federal Antitrust Policy written by Herbert Hovenkamp and published by . This book was released on 1994 with total page 854 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy and Measurement: Basic Economics of Antitrust; History and Ideology in Antitrust Policy; Market Power and Market Definition; The Substance of Antitrust: Antitrust Policy Toward Collusion and Oligopoly; Joint Ventures of Competitors, Concerted Refusals, Patent Licensing, and Rule of Reason; Exclusionary Practices and the Dominant Firm: Basic Doctrine of Monopolization and Attempt; Exclusionary Practices in Monopolization and Attempt Cases; Predatory Pricing; Vertical Integration and Vertical Mergers; Tie-Ins, Reciprocity, Exclusive Dealing and the Franchise Contract; Intrabrand Restraints on Distribution; Mergers of Competitors; Conglomerate Mergers; Price Discrimination and the Robinson-Patman Act; Antitrust as a Regulatory Institution: Public Enforcement of the Federal Antitrust Laws; Private Enforcement; Damages; Antitrust and the Process of Democratic Government; Antitrust and Federal Regulatory Policy; Antitrust Federalism and the "State Action" Doctrine; Reach of the Federal Antitrust Laws.

Vertical Restraints in Antitrust Law

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ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (479 download)

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Book Synopsis Vertical Restraints in Antitrust Law by : Lawrence J. White

Download or read book Vertical Restraints in Antitrust Law written by Lawrence J. White and published by . This book was released on 1978 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

EC Competition Law and the Market for Exclusionary Rights

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ISBN 13 :
Total Pages : 37 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis EC Competition Law and the Market for Exclusionary Rights by : Miguel Moura e Silva

Download or read book EC Competition Law and the Market for Exclusionary Rights written by Miguel Moura e Silva and published by . This book was released on 2014 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: A commonplace classification used in antitrust analysis distinguishes between restraints affecting firms that operate on the same level of the productive process (horizontal restraints) and restraints on firms operating at different stages of said process (vertical restraints). While remaining useful for analytical purposes this distinction has recently come into question, as the emphasis has come to be placed on the competitive effect (centered on the horizontal aspect) of vertical restraints. The purpose of this paper is to explain how this paradigm shift has been taking place in economic theory and what consequences it may spell out for EC competition policy in the field of vertical restraints. Due to time and space limitations, only exclusive dealing agreements (whereby a dealer undertakes to obtain its supplies of good x from supplier Y and not to handle competing goods from Y's rivals) will be dealt with here.

Antitrust Law Journal

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ISBN 13 :
Total Pages : 1076 pages
Book Rating : 4.:/5 (51 download)

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Book Synopsis Antitrust Law Journal by :

Download or read book Antitrust Law Journal written by and published by . This book was released on 1986 with total page 1076 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Principles of Antitrust Law

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Publisher :
ISBN 13 :
Total Pages : 652 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Principles of Antitrust Law by : Stephen F. Ross

Download or read book Principles of Antitrust Law written by Stephen F. Ross and published by . This book was released on 1993 with total page 652 pages. Available in PDF, EPUB and Kindle. Book excerpt: This treatise discusses the principal antitrust cases so readers can review precise holdings and fact summaries about each major case. It also includes black letter law and an analysis of current doctrine and trends in the law. Topics include the goals of antitrust law, the development of the Law of Contracts in restraint of trade, market structure and monopoly power, agreements among competitors, vertical restraints, price discrimination, mergers, and anticompetitive harm through governmental action.

An Antitrust Anthology

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Publisher : Anderson Publishing Company (OH)
ISBN 13 :
Total Pages : 452 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis An Antitrust Anthology by : Andrew I. Gavil

Download or read book An Antitrust Anthology written by Andrew I. Gavil and published by Anderson Publishing Company (OH). This book was released on 1996 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: The texture of antitrust law cannot be fully appreciated without venturing out beyond the cases to experience the commentary that has described and frequently influenced the law's direction. An Antitrust Anthology is an invitation to that exploration, and is designed to introduce readers to a greater appreciation of the ongoing and continually unfolding tale of American capitalism that is antitrust. As a companion to the traditional casebook, An Antitrust Anthology presents the teacher and student with an opportunity to pause and consider the development of ideas in antitrust at a number of critical junctures, with respect to many foundation principles. For the active antitrust lawyer, it constitutes a re-invitation to ponder the ideas that historically have had an enormous impact on antitrust counseling and litigating.

Vertical Restraints and Antitrust Laws

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Publisher :
ISBN 13 :
Total Pages : 212 pages
Book Rating : 4.:/5 (417 download)

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Book Synopsis Vertical Restraints and Antitrust Laws by : Naoyoshi Yamada

Download or read book Vertical Restraints and Antitrust Laws written by Naoyoshi Yamada and published by . This book was released on 1988 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Antitrust Law and Trade Regulation, Cases and Materials

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Publisher : Foundation Press
ISBN 13 : 9781634595049
Total Pages : 1272 pages
Book Rating : 4.5/5 (95 download)

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Book Synopsis Antitrust Law and Trade Regulation, Cases and Materials by : Arthur Melamed

Download or read book Antitrust Law and Trade Regulation, Cases and Materials written by Arthur Melamed and published by Foundation Press. This book was released on 2018-01-17 with total page 1272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edition of the book offers a comprehensive re-thinking of antitrust law, approaching competition problems in the market from a functional standpoint. The book has roots in prior editions, but it really offers a top-to-bottom reconsideration of how best to present modern issues in antitrust. After a brief introduction to the origins and objectives of antitrust law, the book launches the study of the field with a chapter on the concept of market power and the meaning of competition--building blocks that are essential to understanding everything else that follows in the course. It then devotes three chapters to the primary kinds of antitrust issues that arise from marketplace conduct: horizontal agreements among competitors, vertical distribution agreements, and exclusionary practices (whether done by a single firm or a group). Because of their importance to the economy, as well as to antitrust practice, mergers have their own chapter, which provides not only the important judicial opinions in this area, but also extensive materials from the Department of Justice and the Federal Trade Commission, the primary regulators of merger activity. The book then turns to two specialized issues that are of growing importance: the way in which U.S. antitrust laws operate in the global economy, and an innovative new chapter on intellectual property, technology, and platforms. It concludes with a chapter discussing the legal boundaries around the field of antitrust, including exemptions and immunities, and a chapter on the institutional framework for enforcement--the framework that translates words on a page into reality on the ground. The Seventh Edition retains and, where appropriate, adds to, the problems that have been a feature of this book for decades. To maximize instructor flexibility, the problems for each topic now appear at the end of the chapter.

Fidelity Rebates in Competition Law

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Publisher : Kluwer Law International B.V.
ISBN 13 : 9403505710
Total Pages : 226 pages
Book Rating : 4.4/5 (35 download)

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Book Synopsis Fidelity Rebates in Competition Law by : Miroslava Marinova

Download or read book Fidelity Rebates in Competition Law written by Miroslava Marinova and published by Kluwer Law International B.V.. This book was released on 2018-11-07 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the treatment of fdelity rebates as one of the most controversial topics in EU competition law. The controversy arose from the lack of clarity as to how to distinguish between rebates that constitute a legitimate business practice and those that might have anticompetitive e?ects, as the same type of rebates could be pro-competitive or anticompetitive depending on their e?ects on competition. This book clarifes the appropriate treatment of fdelity rebates under EU competition law by o?ering original insights on the way in which abusive rebates should be identifed, taking into account the wealth of EU case law in this area, the economics' literature and the perspective of US antitrust law. The critical discussion on the case law is centred on the idea as to whether the as efcient competitor (AEC) test is an important part of the assessment of fdelity rebates and in which circumstances it could be used as one tool among others. The analysis treats such issues and topics as the following: – What motivated the EU Courts to treat fdelity rebates as illegal ‘by object'? – Why has this case law drawn so much criticism from academics and other commentators? – What can we learn from the economic theories of exclusive dealing and fdelity rebates, and whether the strict approach of the Courts can be supported by economic empirical studies? – What is the meaning attached to the notion of an ‘e?ects-based' approach as an expression of the reform of Article 102? – Why is the controversy regarding the treatment of fdelity rebates still a live issue after the Intel and the Post Danmark II judgments? – In which circumstances the price-cost test can be used as a reliable tool to distinguish between anticompetitive and pro-competitive fdelity rebates? – Can we evaluate the e?ect of fdelity rebates without necessarily carrying out a price-cost test? – Can we consider the AEC test as a single unifying test for all types of exclusionary abuses? – What can we learn about the application of the AEC test in fdelity rebate cases from the recent US case law? A concluding chapter provides an original perspective and also policy recommendations on how the abusive character of fdelity rebates should be assessed including an appropriate legal test that is administrable, creates predictability and legal certainty and minimises the risk of errors and the cost of those mistakes. This book takes a giant step towards improving the understanding of the legal treatment of fdelity rebates and understanding as to whether the treatment of fdelity rebates could be e?ects-based, without necessarily carrying out an AEC test. It will also contribute signifcantly to the practical work of enforcement agencies, courts and private entities and their advisors. book's parallel study of US and EU competition law.

Does Antitrust Need to be Modernized?

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Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Does Antitrust Need to be Modernized? by : Dennis W. Carlton

Download or read book Does Antitrust Need to be Modernized? written by Dennis W. Carlton and published by . This book was released on 2007 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: