Fair competition: the law and economics of antitrust policy
The authors attempt to defend antitrust laws against the critics. After summarizing 15 years of court decisions, they conclude that the Sherman and Clayton Acts have not deviated from their historic and proper path.
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The New Criticism of Antitrust
Legal and Economic Standards for Antitrust Policy
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actions advertising agreements Alcoa aluminum American antitrust laws antitrust policy appraisal bargaining basing-point big buyers buying cent Chap Clayton Act collusion commerce companies compete competitors concessions condemn consequences conspiracy cost customers dealers decision defendants demonstration discounts discriminatory distributors Econ economic economists effective competition efficiency evidence exclusive arrangements exclusive dealing F.Supp F.T.C. Docket fact faith defense Federal Trade Commission firms freight absorption full requirements contracts gasoline Ibid illegal independent industry ingot intent jobbers Judge Law Rev manufacturers market power market structure ment merger monopolistic monopoly power Morton Salt National City Lines nonintegrated oligopoly operations patent performance practices price competition price cutting price discrimination profits prohibition purchase restraint retail Robinson-Patman Act rule of reason Section sellers selling Sherman Act Spark Plug Standard of California Steel substantial suppliers supply Supreme Court tank-wagon price tie-in tion U.S. Steel unfair unreasonable vertical integration workable competition Yellow Cab