Antitrust Bulletin articles from December 1996

Antitrust Bulletin archives from December 1996

Donald F. Turner. (antitrust law professor)(Special Issue: Essays in Memory of Professors Areeda and Turner)
December 22, 1996... We now take for granted the antitrust world that Don Turner and a handful of others helped to create. But when President Johnson asked Don Turner to head the Justice Department's Antitrust Division in 1965, it was becoming increasingly apparent...

Setting the standard: Phillip Areeda, teacher and scholar.(Special Issue: Essays in Memory of Professors Areeda and Turner)
December 22, 1996... Phillip Areeda's commitment to teaching and scholarship in the field of antitrust law--as well as other subjects--was unparalleled. His goal was to train his students to become the very best lawyers they could be. Professor Areeda was a...

Areeda/Turner on antitrust: a Hobson's choice.(Special Issue: Essays in Memory of Professors Areeda and Turner)
December 22, 1996... From the dawn of the Sherman Act, traditionalists and skeptics have debated the proper role of antitrust. The former believed that decentralized power structures are indispensable to the preservation of a free economy and a democratic society....

The roles of Areeda, Turner and economic theory in measuring monopoly power.(Special Issue: Essays in Memory of Professors Areeda and Turner)
December 22, 1996... I. Introduction The Sherman Act does not forbid the structural condition of monopoly.(1) Instead, it condemns "[e]very person who shall monopolize... any part of the trade or commerce among the several States...."(2) In other words, the...

The Areeda-Turner treatise in antitrust analysis.(Special Issue: Essays in Memory of Professors Areeda and Turner)
December 22, 1996... I. Introduction For 10 years I have been privileged to contribute to Antitrust Law: An Analysis of Antitrust Principles and Their Application.(1) An even greater privilege was to work with Phil Areeda, an exacting co-author whom I learned...

Solving the oligopoly problem: Turner's try. (Donald F. Turner)(Special Issue: Essays in Memory of Professors Areeda and Turner)
December 22, 1996... I. Introduction A small number of sellers occupy a market. How should the antitrust laws respond? The question in various permutations has befuddled courts, litigants, and scholars for the entire history of the Sherman Act.(1) One of the...

Areeda, Chicago, and antitrust injury: economic efficiency and legal process. (Phillip Areeda, Chicago school of antitrust law)(Special Issue: Essays in Memory of Professors Areeda and Turner)
December 22, 1996... I. Introduction Much has been written about the influence of the Chicago school on the development of antitrust law over the past two decades.(1) Although the Chicago analysis obviously affected the Supreme Court's reasoning in cases like...

Donald Turner and the economics of antitrust.(Special Issue: Essays in Memory of Professors Areeda and Turner)
December 22, 1996... Few economists or lawyers have pursued as ambitiously as Donald Turner the effort to make antitrust more economically rational. Much of this work was done with Phillip Areeda, but Turner's economics Ph.D. made him the economics cutting edge in...

Does predatory pricing exist? Economic theory and the courts after Brooke Group.(Special Issue: Essays in Memory of Professors Areeda and Turner)
December 22, 1996... I. The Areeda-Turner rule Professors Areeda and Turner made innumerable contributions to antitrust and one of those contributions for which they are most famous is a cost-based test to determine if pricing is predatory. The predatory...