Understanding Antitrust and Its Economic Implications
ISBN-10:
0820557072
ISBN-13:
9780820557076
Author(s): Harrison, Jeffrey L.; Sullivan, E. Thomas
Edition: 4
Released: Jan 01, 2003
Publisher: Lexis Nexis/Matthew Bender
Format: Paperback, 8 pages
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Description:
This Understanding treatise is designed to supplement any antitrust casebook. When the first edition was published over twenty years ago, the Supreme Court was in the midst of reshaping antitrust law to reflect its philosophy that it should adhere to the teachings of economics. During the six years since the Fourth Edition was published, this process has continued as the Court sought to achieve greater consistency. For example:
The process of rationalizing antitrust law is far from complete. For example, the Court's newly announced position on RPM raises a number of issues. Specifically, many past decisions by the Supreme Court and lower courts reflect either approval or disapproval of the per se status of RPM. Now that the rule has been changed, the relevance of that law is in question. In addition, a truly consistent antitrust policy requires close attention to various exemptions. Exemptions based on non economic considerations are hard to reconcile with the path the Court has chosen. Finally, in a global economy, matters of market power and the competitive impact of various agreements must be viewed from an international perspective.
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