Antitrust: Economic Analysis/Legal Interpretation

Course Information

Registration Information

Meeting Times

Day Time Location
MON, TUE, WED 9:10 - 10:17 am TNH 3.129

Evaluation Method

Type Date Time Location
Final exam (administered by Exam4 in Open Laptop mode) April 28, 2023 8:30 am 3.126
Midterm exam (administered by Faculty Coordinator) February 28, 2023

Description

The course begins by explaining why the American antitrust laws' critical expressions -- "restraint of trade," "monopolizes," "decreases competition" -- should be interpreted in ways that make the legality of the various types of business conduct covered by those laws depend on economic analyses of the motivations of those who engage in them or certain consequences that they have. It then analyzes the economic factors that determine the legality of the various practices that the American antitrust laws cover. Approximately three-fourths of class-time will be devoted to economic analysis. The remaining time will be devoted to explaining the positive case-law and guidelines and analyzing the respects in which the courts and antitrust enforcement agencies are analyzing the legality of the conduct in question correctly and incorrectly. No background in economics will be presupposed, though students without such a background will have to work harder, particularly at the beginning of the course. Diagrams but no more advanced type of mathematics will be used. This course can be taken instead of or in addition to the regular antitrust course.

Textbooks ( * denotes required )

Economics and the Interpretation and Application of U.S. and E.U. Antitrust Law: Volume I Basic Concepts and Economics-Based Legal Analyses of Oligopolistic and Predatory Conduct *
Markovits, Richard S.
Springer
ISBN: 978-3-642-24306-6
Economics and the Interpretation and Application of U.S. and E.U. Antitrust Law: Volume II Economics-Based Legal Analyses of Mergers, Vertical Practices, and Joint Ventures *
Markovits, Richard S.
Springer
ISBN: 978-3-642-24312-7

Instructors

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Important Class Changes

Date Updated
03/22/2023 Exam information updated