7 XAC'I'. Y WHAT SORT OF CONDUCT 7 constitutes iionopolizatio, or an abuse of
domsinance has long been unclear, at least in non-price L... cases. IThe US standard under …

The Supreme Court in Illinois Brick Co. v. Illinois:'held that only the direct purchaser from a
price-fixing seller (or other antitrust violator) may sue for damages under the antitrust laws; …

Since the 1980s, the Chicago School model of antitrust economics has reigned as the
predominant approach of both courts and agencies. Today, the primary debate among …

The idea of predatory pricing seems straightforward enough. A firm sets prices below cost for
a period long enough to drive rivals out of the market or to deter entry. The purpose of such …

The phrase" the antitrust laws protect competition, not competitors" has become the leading
aphorism of modern antitrust law.'Like any other aphorism, the phrase contains a large …

Many theories developed to analyze predatory pricing have tried to develop legal standards
that would apply to all industries. The authors of this Article reject that approach and focus …

IN various post-war contributions to the analysis and empirical study of predatory price
cutting, the practice has been defined as temporary selling, at prices below its costs, by a …

Throughout the history of US antitrust litigation, the outcome of more cases has surely turned
on market definition than on any other substantive issue. Market definition is often the most …

Antitrust law promotes competition in the service of economic efficiency. Government
regulation may or may not promote either competition or efficiency, depending on the goals …

Legal activity on the predatory pricing front has been frenetic since 1975. The subject has
been featured in some twenty-five journal articles1 and in approximately fifty-five cases in …