Vertical Restraints, Competition, and the Rule of Reason
27 Pages Posted: 10 Aug 2007
Date Written: August 7, 2007
This paper, prepared as a chapter for a forthcoming book on the Law and Economics of Antitrust, examines the rule of reason and its application to vertical restraints after the Supreme Court's 2007 decision in Leegin v Kat's Korner. The author argues that the decision can be understood in terms of contrasting theories of competition and the role of property rights and provides a contrast between the current US approach and the categorical approach to regulating vertical restraints in the European Union.
Keywords: Antitrust, Competition Policy, Law and Economics, Intellectual Property
JEL Classification: K21, L42
Suggested Citation: Suggested Citation