High Stakes Antitrust: The Last Hurrah?

Cover
......Page 1
Title Page
......Page 4
Copyright......Page 5
Contents......Page 6
Foreword......Page 8
Introduction......Page 10
References......Page 19
Antitrust Activities during the Clinton Administration......Page 20
A Methodological Issue......Page 21
Goals, Ambiguities, and Dilemmas of Antitrust Policy......Page 23
Amnesty or Leniency for First Confessors......Page 24
Vertical Restraints Guidelines......Page 25
International Information Exchanges......Page 26
Competition Advocacy and Amicus Briefs......Page 27
Antitrust Jurisdiction over Pharmaceutical Patent Settlements......Page 29
Microsoft......Page 30
American Airlines......Page 34
Intel......Page 37
Toys “R” Us......Page 38
Colgate......Page 39
Staples and Office Depot......Page 40
MCI WorldCom and Sprint......Page 41
Heinz and Beech-Nut......Page 42
Hospital Mergers......Page 44
California Dental Association......Page 45
Aluminum Producers......Page 46
Market Definition in onopolization Cases......Page 47
Merger Guidelines......Page 48
Conclusion......Page 49
References......Page 50
High-Stakes Antitrust: The Last Hurrah?......Page 54
The Microsoft Case......Page 56
The Visa and MasterCard Cases......Page 65
Causation and Consumer Harm in Microsoft and
Visa/MasterCard
......Page 68
The American Airlines Case......Page 73
Reference......Page 80
Has the Consumer Harm Standard Lost Its Teeth?......Page 81
The Consumer Harm Standard......Page 84
The Brooke Group Test......Page 85
Clinton Administration Approach......Page 87
An Error-Cost Analysis......Page 92
Basic Framework......Page 93
Effect of the Consumer Harm Standard on Error Costs......Page 95
Additional Considerations......Page 99
Microsoft......Page 100
Consumer Harm......Page 102
Visa and MasterCard......Page 111
Consumer Harm......Page 114
Harm to Competitors......Page 115
Conclusions......Page 123
References......Page 124
Flawed Efforts to Apply Modern Antitrust Law to Network Industries......Page 126
Microsoft......Page 129
American Airlines......Page 132
Visa and MasterCard......Page 134
Failings of the Department’s Approach to Networks......Page 137
Attempting to Stimulate a Competing Operating System Network in......Page 139
Muddling Network Competition in......Page 144
Ignoring Networks in......Page 156
The Clinton Justice Department’s Network Record......Page 163
References......Page 165
Contributors......Page 168
Index......Page 170