Kevin Murphy co-authored an article with Barry C. Harris, Robert D. Willig, and Mathew B. Wright about FTC v. Actavis, Inc. which appeared in the spring 2014 issue of Antitrust. The article discusses a method of evaluating the competitive effects of reverse payment settlement agreements that was proposed in a recent article in Antitrust, showing that it only holds under limited conditions. To read the article, click below.
“Suite dreams”: Market definition and complementarity in the digital age
Certain products exhibit such strong complementarities that they should not be evaluated separately. For example, consider a pair of shoes or the various...