The nuts and bolts of antitrust analysis: some thoughts on how to develop the facts

Article Abstract:

Economists addressing antitrust issues must consider particular market circumstances. However, it is equally important that specific market facts of the industry must also be gathered. The Supreme Court had recently concluded that the role of economic expert testimony is important in antitrust issues. The case concerned predatory price discrimination alleged against a firm as well as oligopolistic price coordination and recoupment. The collection of relevant market facts is discussed in the economist's analysis of antitrust issues.

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Identifying contracts, combinations and conspiracies in restraint of trade

Article Abstract:

Structural screens were used by antitrust guidelines to review horizontal merger proposals. These antitrust screening procedures were extended to forecast where industry cartels will form and where cartel agreements would tend to raise price. Findings indicate that cartels were most likely formed among industries with potential market power and high barriers to entry. These characteristics do not adequately determine when cartels would increase price without producing cost savings.

Analysis, Cartels

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The role of economics in defining antitrust injury and standing

Article Abstract:

The Clayton Act provides that any person may sue and recover damages for any violation in the antitrust laws which causes injury to the person's business or property. The Supreme Court, however, has established limitations on private damages to ensure that the purposes of the antitrust laws are carried out. An antitrust injury standard charged against Brunswick is examined to show how economists can confront the antitrust injury requirement.

Sporting and athletic goods, not elsewhere classified, Sporting and Athletic Goods Manufacturing, Bowling Lanes, Bowling Equipment, Cases, Sporting goods industry, Brunswick Corp., BC, Bowling alleys

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