Is There a Consensus on the Antitrust Treatment of Single-firm Conduct?
نویسنده
چکیده
Enforcement officials and commentators suggest that there is a growing consensus on appropriate standards for single-firm conduct. This Paper reviews that contention and considers its applicability for the antitrust treatment of bundled discounts. Unfortunately, the claims are premature for there remain wide differences within the antitrust community on many policy questions. These differences are readily apparent in both judicial decisions and editorial comment in regard to bundled discounts.
منابع مشابه
Evaluating Appropriability Defenses for the Exclusionary Conduct of Dominant Firms in Innovative Industries
In response to antitrust cases challenging the exclusionary conduct of dominant firms, some dominant firms offer an “appropriability defense”: a claim that prohibiting the challenged conduct would harm innovation by lessening the dominant firm’s return to investment in research and development (R&D) and, in consequence, undermining that firm’s incentive to innovate. This paper explains that an ...
متن کاملThe Essence of Antitrust: Protecting Consumers and Small Suppliers from Anticompetitive Conduct
The goals of antitrust law continue to be debated because there is no single goal that is unambiguously correct. There is one goal, however, that now commands wider support than any other: protecting consumers and small suppliers from anticompetitive conduct—conduct that creates market power, transfers wealth from consumers or small suppliers, and fails to provide them with compensating benefit...
متن کاملSending the Wrong Message? Antitrust Liability for Signaling
F A L L 2 0 1 6 · 8 3 lude or just public statements that do not seek explicit assent. While the FTC has for at least 30 years taken the position that signaling is unlawful, the agencies recently have stepped up enforcement efforts. Antitrust enforcement actions targeted at signaling conduct historically were limited to “invitations to collude,” whereby one firm solicits a horizontal competitor...
متن کاملBehavioral Economics: Implications for Antitrust Practitioners
For antitrust practitioners, there are two familiar behavioral assumptions used in the economic models that underlie antitrust analyses: consumers maximize their utility, which non-economists call " happiness, " and firms maximize their profits. Both of these assumptions are wrong, at least to some extent, in the sense that there are many apparent real-world counterexamples. With respect to con...
متن کاملShould “price Squeeze” Be a Recognized Form of Anticompetitive Conduct?
Should a “price squeeze” constitute anticompetitive conduct requiring investigation under the antitrust laws? A price squeeze occurs when a vertically integrated firm supplies an input to its downstream competitors at a price that generates a profit margin so low that the competitors exit the downstream market. I ask whether it is sensible to try to use antitrust laws to prevent such conduct or...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2008