How the Chicago School Overshot the Mark The Effect of Conservative Economic Analysis on U. S. Antitrust

Name: How the Chicago School Overshot the Mark The Effect of Conservative Economic Analysis on U. S. Antitrust
Availability: OutOfStock
ISBN: 9780195339765

ISBN-10: 0195339762

ISBN-13: 9780195339765

Edition: 2008

Authors: Robert Pitofsky

List price: $63.00

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Description:

How the Chicago School Overshot the Mark is about the rise and recent fall of American antitrust. It is a collection of 15 essays, almost all expressing a deep concern that conservative economic analysis is leading judges and enforcement officials toward an approach that will ultimately harm consumer welfare. For the past 40 years or so, U.S. antitrust has been dominated intellectually by an unusually conservative style of economic analysis. Its advocates, often referred to as "The Chicago School," argue that the free market (better than any unelected band of regulators) can do a better job of achieving efficiency and encouraging innovation than intrusive regulation. The cutting edge of…

Book details

List price: $63.00
Copyright year: 2008
Publisher: Oxford University Press, Incorporated
Publication date: 10/14/2008
Binding: Paperback
Pages: 328
Size: 9.02" wide x 6.10" long x 0.91" tall
Weight: 1.034
Language: English



Contributors


Introduction: Setting the Stage




Conservative Economic Analysis and Its Effects


Thoughts on the Chicago Legacy in U.S. Antitrust



Some Practical Thoughts About Entry



Conservative Economics and Antitrust: A Variety of Influences



Influence of Conservative Economic Analysis on the Development of the Law of Antitrust



On the Foundations of Antitrust Law and Economics




Is Efficiency All That Counts?


The Efficiency Paradox



The Chicago School's Foundation Is Flawed: Antitrust Protects Consumers, Not Efficiency




Chicago School and Dominant Firm Behavior


The Harvard and Chicago Schools and the Dominant Firm



Comment on Herbert Hovenkamp and the Dominant Firm: The Chicago School Has Made Us Too Cautious About False Positives and the Use of Section 2 of the Sherman Act




Can Vertical Arrangements Injure Consumer Welfare?


Economic Analysis of Exclusionary Vertical Conduct: Where Chicago Has Overshot the Mark



Wrong Turns in Exclusive Dealing Law




Has the Free Rider Explanation for Vertical Arrangements Been Unrealistically Expanded?


The Sylvania Free Rider Justification for Downstream-Power Vertical Restraints: Truth or Invitation for Pretext?



Free Riding: An Overstated, and Unconvincing, Explanation for Resale Price Maintenance




Reinvigorating Merger Enforcement That Has Declined as a Result of Conservative Economic Analysis


Reinvigorating Horizontal Merger Enforcement



Appendix


Index