Antitrust Bulletin articles from June 1998

Antitrust Bulletin archives from June 1998

Innovation markets and automatic transmissions: a shift in the wrong direction?
June 22, 1998... Few can doubt that innovation is important to the antitrust laws. At the same time, the relationship between innovation and the competitive processes protected by the antitrust laws, though the object of much study, is not well understood....

A note on Hanover Shoe. (calculating damages due to monopoly)
June 22, 1998... I. Introduction Hanover Shoe was a private antitrust suit against the United Shoe Machinery Corporation (United) by one of its customers, Hanover Shoe, Inc. (Hanover).(1) The decision is quite remarkable for at least two reasons. First and...

Collusion, profits, and rational antitrust.
June 22, 1998... I. Introduction Empirical study of cartels, their operation, and their adaptation to legal prohibition, is inherently complicated. Because cartels are unlawful, they operate surreptitiously. We can have no really confident...

Efficiencies or anticompetitive effects: vertical integration of hospitals into medical practices.
June 22, 1998... I. Introduction Changes in the way that health care is produced and purchased are leading to greater integration among health care providers. In many cases, this integration combines hospitals and physicians. For a large urban area, the...

The efficiency of the efficient component-pricing rule: a comment. (response to Nicholas Economides and Lawrence J. White, Antitrust Bulletin, vol. 40, p. 557, 1995)
June 22, 1998... I. Introduction In a recent article in the Antitrust Bulletin,(1) professors Nicholas Economides and Lawrence J. White analyzed the economic efficiency of a well-known access pricing rule, the efficient component-pricing rule (ECPR)....

The inefficiency of the ECPR yet again: a reply to Larson. (efficient component pricing rule) (response to article by Alexander C. Larson in this issue, p. 403)
June 22, 1998... I. Introduction In our original article(1) our primary purpose was to develop a relatively simple theoretical point: that the strict application of the "efficient component pricing rule" (ECPR) could lead regulators and antitrust...

Spanish competition policy: a case of government's response to domestically perceived problems.
June 22, 1998... The literature on Spanish competition policy has tended to offer explanations of why competition has become an issue of public policy based upon foreign commitments.(1) These works highlight that, in the early 1960s, competition policy was a...

Competition policy in Switzerland.
June 22, 1998... I. Introduction The objective of this article is to analyze competition policy in Switzerland. We consider several benchmarks against which the policy will be analyzed. First, we will, to the extent possible, compare the Swiss practice...

Access to essential facilities: a unique antitrust experiment in Australia.
June 22, 1998... Australia has recently enacted what may well be the world's first overall regime for access to "essential facilities." Whether this regime will be followed or shunned elsewhere remains to be seen. Whatever its ultimate fate, the Australian regime...