In this article, Steven Salop summarizes the two antitrust paradigms for exclusionary conduct and their properties in order to understand which legal framework is more appropriate for analyzing competitive effects under particular fact situations. The article then applies the analysis to conditional pricing practices. To read the article, click the link below.
Trends in competition in the United States: what does the evidence show?
Has the United States economy become less competitive in recent decades? One might think so based on a body of research that has rapidly become influential for...