The Limits of Antitrust and the Chicago School Tradition

Posted: 29 Mar 2010  

George L. Priest

Yale University - Law School

Date Written: March 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

Suggested Citation

Priest, George L., The Limits of Antitrust and the Chicago School Tradition (March 2010). Journal of Competition Law and Economics, Vol. 6, Issue 1, pp. 1-9, 2010. Available at SSRN: https://ssrn.com/abstract=1578759 or http://dx.doi.org/nhp027

George L. Priest (Contact Author)

Yale University - Law School ( email )

P.O. Box 208215
New Haven, CT 06520-8215
United States

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