Antitrust Bulletin articles from March 2003

Antitrust Bulletin archives from March 2003

The price fixer's dilemma: applying game theory to the decision of whether to plead guilty to antitrust crimes.(Economics)
March 22, 2003... What should a general counsel do when a top executive comes into the legal department to report that she has just discovered that for years another executive has been attending secret meetings with competitors to fix the worldwide prices of one...

Bargaining for monopoly: the joint operating arrangement between the Denver Post and the Rocky Mountain News.(Colorado)
March 22, 2003... I. Introduction In January 2001, the U.S. Attorney General approved the application submitted by the E. W. Scripps Company, publisher of Denver's Rocky Mountain News (News), and MediaNews Group, Inc., publisher of the Denver Post (Post),...

Underlying incentives in credit card networks.
March 22, 2003... I. Introduction The usage of third-party general-purpose credit cards in the United States has increased dramatically during the last decade. (1) Credit cards have surpassed checks as the most frequently used payment instrument at the...

Measuring damages in a private plaintiff Robinson-Patman case: applying economics to relieve the pain of J. Truett Payne.
March 22, 2003... The distinct concepts of antitrust injury and damages have become hopelessly crossed in Robinson-Patman cases as a result of the Supreme Court's effort to reconcile consumer injury with the goals of the Robinson-Patman Act in J. Truett Payne...

Evidence on mergers and acquisitions.
March 22, 2003... I. Introduction This article provides a broad-brush treatment of the empirical economics literature regarding the effects of mergers and acquisitions. Much of the literature has direct or indirect implications for competition policy. (1)...

Umbrella standing: the tradeoff between plaintiff suit and speculative claims.(Economics)
March 22, 2003... I. Introduction Let us imagine that Microsoft's Xbox is successful and soon there are three video console competitors in the United States: Nintendo, Sony and Microsoft. Because video consoles are differentiated products, if Sony and...

Vertical restraints: the case of multinationals.(Foreign Economics)
March 22, 2003... I. Introduction Competition policy with regard to vertical restraints has been guided by the jurisdiction of the United States, and more recently, the European Union as well. As to the United States, the Supreme Court has handed down...