Post-Chicago Developments in Antitrust Law

By: Antonio Cucinotta (Editor), Roberto Pardolesi (Editor), Roger J. Van den Bergh (Editor)

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Hardcover | 1 January 2002

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This work offers a critical evaluation of the Chicago approach to antitrust. Judgements by the United States Supreme Court (in cases such as Kodak) and the debate surrounding the Microsoft monopoly have led to the view that antitrust has entered the post-Chicago era, in which previous immoderations are tempered, and more refined and accurate analyses take precedence. This claim is made at a time when European competition policy is gradually embracing an economics-based approach. The authors discuss the economic foundations of competition policy and the different ways in which both American and European competition law does - or does not - take account of economic insights. Although the book makes no claim to provide a definitive answer to the host of questions arising from the complexities of antitrust, it does offer an important contribution to a better understanding of the many "interfaces" between economic thinking and sound legal policy.

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Non-Fiction Law Laws of Specific Jurisdictions Company Law Commercial Law Economics Competition Law & Antitrust Law International Law

List of figures and tables
Preface
List of contributors
The reckoning of post-Chicago antitrust	p. 1
The difficult reception of economic analysis in European competition law	p. 34
A preface to post-Chicago antitrust	p. 60
Post-Chicago, post-Seattle and the dilemma of globalization	p. 76
The bounds approach to antitrust	p. 87
Dynamic efficiency and US antitrust policy	p. 108
'Obvious' consumer harm in antitrust policy: the Chicago School, the post-Chicago school and the courts	p. 129
Second order oligopoly problems with international dimensions: sequential mergers, maverick firms and buyer power	p. 161
Rule fixing: an overlooked but general category of collusion	p. 183
Raising consumers' costs as an antitrust problem: a sketch of the argument from Kodak to Microsoft (the European proceedings)	p. 197
How safe is the king's throne? Network externalities on trial	p. 213
The vertical price fixing controversy	p. 251
The competitive dynamics of distribution restraints: efficiency versus rent seeking	p. 280
Cooperation, competition and collusion among firms at successive stages	p. 296
Index	p. 317
Table of Contents provided by Blackwell. All Rights Reserved.

Post-Chicago Developments in Antitrust Law

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