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Presentation delivered at the Richard Ivey School of Business, Toronto, Canada.
This article follows the evolution of thinking about competition since 1890 as reflected by major antitrust decisions and research in industrial organization. We divide the U.S. antitrust experience i...
Should the United States pursue a vigorous antitrust policy? Soon after the passage of the Sherman Antitrust Act of 1890, economists led by John Bates Clark (1901) argued that the enforcement of such ...
The antitrust debate in the United States has been grounded and guided by principles derivedf rom equilibrium-basede conomics. However, these principles mischaracterizek eyelements of real economies. ...
The American Antitrust Institute, a Washington, D.C. think tank, recently completed a study that concludes that competition law and policy plays little if any role in business ethics courses taught in...
Businesses engage in a variety of practices to increase sales and profits, often at the expense of competitors. These "unilateral practices" usually become suspect under the competition laws only when...
This paper is concerned with the effects of antitrust policy in markets in which innovation is a critical determinant of competitive outcomes and welfare. Over the last two decades, a large share of t...
The main objective of antitrust interventions is to assure competition in markets to benefit consumers. This paper challenges this common approach by examining the case of a satellite broadcasting net...
Severe limitations on antitrust enforcement officials’ knowledge and the potential impact of ill-advised investigations and prosecutions on markets suggest that officials should exercise extraordinar...
The article reports on the analysis regarding bank mergers and its goals, methods and justification in the banking market changes in the U.S. The authors stress on the possible effects of bank mergers...

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