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The Limits of Antitrust and the Chicago School TraditionGeorge L. PriestYale University - Law School March 2010 Journal of Competition Law and Economics, Vol. 6, Issue 1, pp. 1-9, 2010 Abstract: I situate Frank Easterbrook's article, The Limits of Antitrust, within the Chicago School antitrust tradition. I demonstrate the link between the article and the works of Aaron Director and Ronald Coase, in particular their emphasis (1) on the superior effect of markets to government attempts to correct monopoly behavior and (2) the expectation of judicial error. The Easterbrook article is shown to have extended the Director-Coase antitrust program.
Keywords: B20, B25, B31, K10, K21, L40 Accepted Paper SeriesDate posted: March 29, 2010Suggested CitationContact Information
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