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An analysis of the government's economic case in U.S. v. Microsoft.
June 22, 2001... I. Introduction
U.S. v. Microsoft was mainly about what was known as the browser war.(1) Netscape Navigator was introduced in the fall of 1994,(2) and it quickly became one of the most widely used software applications ever offered....
How digital economics revises antitrust thinking.
June 22, 2001... Antitrust thinking and enforcement have traditionally been firmly grounded in conventional economic models of monopoly and oligopoly market structures, all fully and inevitably constrained by the "laws" of demand and decreasing returns. The new...
Critical loss analysis in evaluating mergers.
June 22, 2001... The antitrust agencies and economists have increasingly focused on the economic concepts of "critical elasticity of demand" or "critical loss analysis" to define antitrust markets and evaluate the competitive effects of proposed mergers....
Critical thinking about "critical loss" in antitrust.
June 22, 2001... I. Introduction
Since first proposed by Barry Harris and Joseph Simons, the critical loss test has been often used as one of the techniques to define antitrust markets.(1) Most recently it played a key role in three judicial decisions...
Geographic market delineation for electric utility mergers.
June 22, 2001... I. Introduction
This article addresses methodologies to delineate geographic markets for use in evaluating the likely effects of electric utility mergers on market power based on ownership of electric generators. The article describes the...
The role of the essential facilities doctrine.
June 22, 2001... I. Introduction
When the essential facilities doctrine is applied, a dominant firm is compelled to supply a "critical" or "essential" intermediate good to its downstream (or, less often, upstream) competitor(s) at a "nondiscriminatory"...