The Antitrust Revolution Economics, Competition, and Policy

by Kwoka, John E.; White, Lawrence J.

• ISBN13: 9780199315499
• ISBN10: 0199315493
• Edition: 6th
• Format: Paperback
• Copyright: 2013-07-23
• Publisher: Oxford University Press

Summary

Fully updated to reflect important developments in antitrust economics, The Antitrust Revolution, Sixth Edition, examines the critical role of economic analysis in recent antitrust case decisions and policy.

The case studies--more than half of which are entirely new--are written by prominent economists who participated in the proceedings of that case. Revised overview essays introduce the economics and law that are associated with the four sections: Horizontal Structure, Horizontal Practices, Vertical and Related Market Issues, and Network Issues.

Author Biography

John E. Kwoka, Jr., is Neal F. Finnegan Distinguished Professor of Economics at Northeastern University.

Lawrence J. White is the Arthur E. Imperatore Professor of Economics at the Stern School of Business, New York University.

Table of Contents

Dedications
Preface
Contributors
About the Editors
Introduction

PART I. HORIZONTAL STRUCTURE

The Economic and Legal Context

1. The Proposed Merger of AT&T and T-Mobile: Rethinking Possible (2011)
Patrick DeGraba
Gregory L. Rosston

2. Rockonomics: The Ticketmaster-Live Nation Merger and the Rock Concert Business (2010)
John E. Kwoka, Jr.

3. The Sirius/XM Satellite Radio Merger (2008)
Serge X. Moresi
Steven C. Salop

4. Revisiting a Merger: FTC v. Evanston Northwestern Healthcare (2007)
Deborah Haas-Wilson

5. Oracle's Acquisition of PeopleSoft: U.S. v. Oracle (2004)
R. Preston McAfee
David S. Sibley
Michael A. Williams

6. Prices, Market Definition, and the Effects of Merger: Staples-Office Depot (1997)
Serdar Dalkir
Frederick R. Warren-Boulton

PART II. HORIZONTAL PRACTICES

The Economic and Legal Context

7. "Reverse Payments" in Settlements of Patent Litigation: Split Opinions on Schering-Plough's K-Dur (2005 and 2012)
John P. Bigelow
Robert D. Willig

8. The DRAM Antitrust Litigation
Roger G. Noll

9. Monopsony and Predatory Bidding in the Lumber Industry: The Weyerhaeuser Cases (2007)
Gordon C. Rausser
John R. Foote

10. Predatory Pricing in the Airline Industry: Spirit Airlines v. Northwest Airlines (2005)
Kenneth G. Elzinga
David E. Mills

11. Global Cartels Redux: The Lysine Antitrust Litigation (1996)
John M. Connor

PART III. VERTICAL AND RELATED MARKET ISSUES

The Economic and Legal Context

12. Google-ITA: Creating a New Flight Search Competitor (2011)
Michael D. Topper
Stanley Watt
Jingming "Marshall" Yan

13. Intel and Blocking Practices (2010)
Joshua S. Gans

14. Resale Price Maintenance Wins a Reprieve: Leegin v. PSKS (2007)
Kenneth G. Elzinga
David E. Mills

15. Unfit to be Tied: An Analysis of Trident v. Independent Ink (2006)
Barry Nalebuff

16. Exclusive Dealing and Antitrust Exclusion: U.S. v. Dentsply (2005)
Michael L. Katz

PART IV. NETWORK ISSUES

The Economic and Legal Context

17. Vertical Mergers in the Video Programming and Distribution Industry: The Case of Comcast NBCU (2011)
William P. Rogerson

18. The Delta-Northwest Merger: Consumer Benefits from Airline Network Effects (2008)
Mark Israel
Bryan Keating
Daniel L. Rubinfeld
Robert D. Willig

19. Governance, Issuance Restrictions, and Competition in Payment Card Networks: U.S. v. Visa and MasterCard (2003)
Robert S. Pindyck

20. Maintenance of Monopoly: U.S. v. Microsoft (2001)
Daniel L. Rubinfeld