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Introduction: Setting the Stage

Robert Pitofsky

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

Published in print:
2008
Published Online:
January 2009
ISBN:
9780195372823
eISBN:
9780199871773
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195372823.003.0001
Subject:
Economics and Finance, Behavioural Economics

This chapter presents four papers from some of the most eminent people in the antitrust field. It analyzes “barriers to entry” from a practical rather than theoretical point of view, and concludes ... More


Conclusion

Michael A. Carrier

in Innovation for the 21st Century: Harnessing the Power of Intellectual Property and Antitrust Law

Published in print:
2009
Published Online:
May 2009
ISBN:
9780195342581
eISBN:
9780199867035
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195342581.003.0016
Subject:
Law, Intellectual Property, IT, and Media Law

This concluding chapter synthesizes the benefits of treating the IP and antitrust laws together in seeking to foster innovation. It recounts the wide swath of the economy and expanse of cutting-edge ... More


IPR and US Economic Catch‐Up

David C. Mowery

in Intellectual Property Rights, Development, and Catch-Up: An International Comparative Study

Published in print:
2010
Published Online:
May 2010
ISBN:
9780199574759
eISBN:
9780191722660
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199574759.003.0002
Subject:
Business and Management, Innovation

This chapter discusses the case of USA, in which economic catch‐up with such European countries as Britain and Germany occurred during the final decades of the nineteenth century. Throughout this ... More


The Monopoly Enigma, the Reagan Administration's Antitrust Experiment, and the Global Economy

Louis Galambos

in Constructing Corporate America: History, Politics, Culture

Published in print:
2004
Published Online:
September 2007
ISBN:
9780199251902
eISBN:
9780191719059
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199251902.003.0006
Subject:
Business and Management, Business History

In the 1980s, the Reagan Administration drastically altered American antitrust policy, virtually eliminating Section 2 cases involving monopolies. This chapter provides a context for that decision by ... More


One Political Economy, One Competitive Strategy?: Comparing Pharmaceutical Firms in Germany, Italy, and the UK

Andrea M. Herrmann

Published in print:
2008
Published Online:
January 2009
ISBN:
9780199543434
eISBN:
9780191715693
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199543434.001.0001
Subject:
Business and Management, Strategy, Political Economy

This book examines how firms adapt to the pressures of increasing international competition by testing both the arguments on ‘strategy specialization’ proposed in the competitiveness literature in ... More


Public Policies, Private Platforms: Antitrust and American Computing

Steven W. Usselman

in Information Technology Policy: An International History

Published in print:
2004
Published Online:
September 2007
ISBN:
9780199241057
eISBN:
9780191714290
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199241057.003.0004
Subject:
Business and Management, Information Technology

The fortunes of the American computer industry illustrates a remarkable economic success story in terms of global performance. What is especially striking about the industry is its resilience — its ... More


New Economy Romanticism, Narratives of Corporate Personhood, and the Antimanagerial Impulse

Eric Guthey

in Constructing Corporate America: History, Politics, Culture

Published in print:
2004
Published Online:
September 2007
ISBN:
9780199251902
eISBN:
9780191719059
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199251902.003.0012
Subject:
Business and Management, Business History

A narrative analysis of New Economy romanticism as a stylized genre of media hype reveals how the framing of celebrity business leaders folds individual personalities together with corporate ... More


Partnerships, Corporations, and the Limits on Contractual Freedom in U.S. History: An Essay in Economics, Law, and Culture

Naomi R. Lamoreaux

in Constructing Corporate America: History, Politics, Culture

Published in print:
2004
Published Online:
September 2007
ISBN:
9780199251902
eISBN:
9780191719059
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199251902.003.0002
Subject:
Business and Management, Business History

This chapter argues that a focus on big business has distorted the understanding of the legal history of the corporation. The relevant context for understanding the evolution of the form must be ... More


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

Thomas E. Kauper

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

Published in print:
2008
Published Online:
January 2009
ISBN:
9780195372823
eISBN:
9780199871773
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195372823.003.0005
Subject:
Economics and Finance, Behavioural Economics

This paper begins by noting a widespread unease, indeed a sense of “something gone wrong”—with today's antitrust enforcement. In particular, it notes a growing sense of too much emphasis on ... More


On the Foundations of Antitrust Law and Economics

Daniel L. Rubinfeld

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

Published in print:
2008
Published Online:
January 2009
ISBN:
9780195372823
eISBN:
9780199871773
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195372823.003.0006
Subject:
Economics and Finance, Behavioural Economics

This paper suggests that while the influence of industrial organization economics has grown substantially over time, it would be overly simplistic to characterize that influence as having been driven ... More


International Antitrust Cooperation and the Preference for Nonbinding Regimes

Anu Bradford

in Cooperation, Comity, and Competition Policy

Published in print:
2010
Published Online:
January 2011
ISBN:
9780195387704
eISBN:
9780199866762
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195387704.003.0016
Subject:
Law, Public International Law

This chapter focuses on the relative merits of binding and nonbinding international antitrust cooperation. It argues that the primary impediment to international antitrust cooperation is the ... More


Value-based Purchasing Opportunities in Traditional Medicare: A Proposal and Legal Evaluation

Timothy Stoltzfus Jost and Lawrence P. Casalino

in The Fragmentation of U.S. Health Care: Causes and Solutions

Published in print:
2010
Published Online:
May 2010
ISBN:
9780195390131
eISBN:
9780199775934
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195390131.003.009
Subject:
Law, Medical Law

This chapter proposes the adaptation of traditional Medicare to accommodate value-purchasing strategies, specifically medical homes and accountable care systems. It also examines legal barriers under ... More


Statutory Provisions and Higher Court Interpretations

Louis Kaplow

in Competition Policy and Price Fixing

Published in print:
2013
Published Online:
October 2017
ISBN:
9780691158624
eISBN:
9781400846078
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691158624.003.0004
Subject:
Economics and Finance, Economic History

This chapter examines competition law's doctrine on horizontal agreements. It begins by addressing the U.S. statute, Sherman Act Section 1. The chapter then turns to the leading Supreme Court ... More


Antitrust

Michael A. Carrier

in Innovation for the 21st Century: Harnessing the Power of Intellectual Property and Antitrust Law

Published in print:
2009
Published Online:
May 2009
ISBN:
9780195342581
eISBN:
9780199867035
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195342581.003.0003
Subject:
Law, Intellectual Property, IT, and Media Law

This chapter sheds light on antitrust. It begins with a primer explaining the most important of the regime's doctrines. It then places today's law in context by tracing the history of antitrust law. ... More


Antitrust and IP: 20th century

Michael A. Carrier

in Innovation for the 21st Century: Harnessing the Power of Intellectual Property and Antitrust Law

Published in print:
2009
Published Online:
May 2009
ISBN:
9780195342581
eISBN:
9780199867035
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195342581.003.0004
Subject:
Law, Intellectual Property, IT, and Media Law

This chapter explores the underpinnings of the mutual distrust between intellectual property (IP) and antitrust and the various stages of their relationship. It begins by discussing the conflict ... More


Controlling Market Power in Telecommunications: Antitrust vs. Sector-Specific Regulation

Damien Géradin and Michel Kerf

Published in print:
2003
Published Online:
March 2012
ISBN:
9780199242436
eISBN:
9780191697104
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199242436.001.0001
Subject:
Law, Competition Law

Controlling market power is a crucial issue in a liberalised telecommunications market where incumbents usually remain dominant for some time after the opening of the market to competition. ... More


Thoughts on the Chicago Legacy in U.S. Antitrust

Richard Schmalensee

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

Published in print:
2008
Published Online:
January 2009
ISBN:
9780195372823
eISBN:
9780199871773
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195372823.003.0002
Subject:
Economics and Finance, Behavioural Economics

This paper argues that the victories and even the losses of the Chicago School as constructive, because the losses stimulated more rigorous thinking. It revisits the theoretical battles of the 1950s ... More


Some Practical Thoughts About Entry

Irwin M. Stelzer

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

Published in print:
2008
Published Online:
January 2009
ISBN:
9780195372823
eISBN:
9780199871773
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195372823.003.0003
Subject:
Economics and Finance, Behavioural Economics

This paper characterizes the conservative view as follows: it looks at antitrust as inefficient, contributing unwisely to an excess of government regulation, and unnecessary because market power is ... More


Conservative Economics and Antitrust: A Variety of Influences

F. M. Scherer

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

Published in print:
2008
Published Online:
January 2009
ISBN:
9780195372823
eISBN:
9780199871773
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195372823.003.0004
Subject:
Economics and Finance, Behavioural Economics

This paper observes that antitrust analysis has moved sharply to the conservative side and emphasizes the complexity of issues. First, it notes that the move toward less enforcement does not reflect ... More


The Efficiency Paradox

Eleanor M. Fox

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

Published in print:
2008
Published Online:
January 2009
ISBN:
9780195372823
eISBN:
9780199871773
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195372823.003.0007
Subject:
Economics and Finance, Behavioural Economics

This paper defines various concepts of efficiency and then demonstrates how conservative economic approaches have led to wrong results in several important cases. It asks: What is efficiency? Can ... More


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