When do proprietary aftermarkets benefit consumers?

Article Abstract:

The beneficial economic aspects of proprietary after-markets for consumers are discussed. Issues include the economics of a strategy of selling component products that are strict complements for each other, the welfare aspects of such a strategy, legal implications of defending proprietary aftermarkets, and assertion of intellectual property rights over system components.

Planning, Pricing, Beliefs, opinions and attitudes

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Relaxing antitrust during economic downturns: a real options analysis of Appalachian Coals and the failing firm defense

Article Abstract:

The author discusses whether antitrust law enforcement aimed at horizontal activities should be adjusted to economic conditions. The application of a rule of reason in the context of an economic downswing by the U.S. Supreme Court in the 1933 case Appalachian Coals v. United States is discussed.

Economic aspects, Horizontal integration

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United States v. IBM: a monument to arrogance

Article Abstract:

The author is critical of the antitrust enforcement surrounding the 1998 U.S. 2d Circuit Court of Appeals case United States v. IBM Corp. which resulted in dismissal on the government's initiative after several costly years of litigation. The author suggests that market conditions were ignored.

Evaluation

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