Recent literature on the law and economics of antitrust has devoted increasing attention to
the issue of" predatory pricing"-a dominant firm's use of price to restrict competition by …

THE title of this paper means both that I have not made predatory pricing my sole life's work,
and that I do not intend to settle in permanently with that subject now. This is merely a visit …

Predatory pricing is a classic problem in antitrust enforcement. As with other areas of
antitrust regulation, successful enforcement requires a court to identify and deter anti …

PREDATORY PRICING tems. Unfortunately, not all labels are equally helpful. Some act
more like either black holes or rat holes: They either swallow the entire topic or provide …

The widely recognized influence that the Chicago school of law and economics had on the
institution of antitrust is nowhere more apparent than in predatory-pricing law. Starting with …

Predatory pricing has been a subject of antitrust concern at least since the perceived
activities of the old Standard Oil Company helped give birth to section 2 of the Clayton Act in …

IT is easy for antitrust scholars to imagine that their policy-directed efforts are to no avail. In
view of the many ill-conceived antitrust cases and decisions that still abound, such a …

Predatory pricing is a specific form of exclusionary pricing conduct in which the predatory
firm sacrifices short term profits in order to achieve long term gains. The most general …

Fifteen years of study by legal and economic scholars has left us with a practical solution to
the problem of how to judge whether prices are predatory. The solution depends upon an …

Predatory pricing is a difficult issue for monopolies policy. On the one hand, it must, by
definition, entail a direct attempt to undermine competition. On the other hand, the symptoms …