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The Growing Influence of Economics and Economists on Antitrust: An Extended Discussion


Lawrence J. White


New York University (NYU) - Leonard N. Stern School of Business; Leonard N. Stern School of Business - Department of Economics

February 1, 2008

NYU Law and Economics Research Paper No. 08-07
Reg-Markets Center Working Paper No. 08-05

Abstract:     
Over the past two to three decades economics has played an increasingly important role in the development of U.S. antitrust enforcement and policy. This essay first reviews the major facets of U.S. antitrust enforcement and next reviews the ways in which economics - starting from a low base - has grown in importance in antitrust. The essay then highlights three antitrust areas in which the influence of economics has had the greatest influence: merger analysis, vertical relationships, and predatory pricing. The essay concludes with the identification of four antitrust areas where further economics analysis could have high returns.

Number of Pages in PDF File: 42

Keywords: Antitrust; industrial organization; merger analysis; vertical relationships

JEL Classification: K21, L40, L41, L42

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Date posted: February 10, 2008  

Suggested Citation

White, Lawrence J., The Growing Influence of Economics and Economists on Antitrust: An Extended Discussion (February 1, 2008). NYU Law and Economics Research Paper No. 08-07; Reg-Markets Center Working Paper No. 08-05. Available at SSRN: http://ssrn.com/abstract=1091531 or http://dx.doi.org/10.2139/ssrn.1091531

Contact Information

Lawrence J. White (Contact Author)
New York University (NYU) - Leonard N. Stern School of Business ( email )
44 West 4th Street
New York, NY NY 10012
United States
Leonard N. Stern School of Business - Department of Economics ( email )
269 Mercer Street
New York, NY 10003
United States
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