Understanding Antitrust and Its Economic Implications |
Other editions - View all
Common terms and phrases
9th Cir acquired acquisition action actual agreement Alcoa analysis antitrust laws applied Areeda attempt to monopolize average variable cost buyers cert challenge charged Circuit Clayton Act commerce compete concentration conduct conspiracy consumer surplus Corp Court held customers dangerous probability dealer defendant denied determine discussion economic efficiency elasticity entry evidence exclusive dealing Federal Trade Commission firm firm's geographic market Guidelines horizontal Hovenkamp illegal increase industry injury intent involved issue Justice lower prices manufacturer marginal cost market power market share merger monopolist monopoly power monopsony Motor nonprice output person plaintiff Posner potential competitor predatory pricing price discrimination price fixing procompetitive product market profit maximizing prohibited purchasers raise prices refusal to deal result retailers Robinson-Patman Act rule of reason sell seller Sherman Act standard substantial suppliers supply supra note Supreme Court theory tying product U.S. Steel United unlawful vertical integration vertical restraints violation