Introduction – The Economics Revolution in Antitrust Law

ECONOMICS OF ANTITRUST LAW, Vol. I, pp. IX-XLIV, Benjamin Klein, Andres V. Lerner, eds., Edward Elgar Publishing, 2008

36 Pages Posted: 9 Jul 2011

See all articles by Andres V. Lerner

Andres V. Lerner

Compass Lexecon

Benjamin Klein

University of California, Los Angeles (UCLA) - Department of Economics; Compass Lexecon

Date Written: 2008

Abstract

It is undeniable that economics has had a huge effect on antitrust law over the last 30 years. Richard Posner, in the preface to the second, 2001 edition of his landmark book, Antitrust Law, notes that since the publication of the first edition of the book in 1976 there has been “a profound, a revolutionary, change in [antitrust] law. Much of antitrust law in 1976 was an intellectual disgrace. Today, antitrust law is a body of economically rational principles.

JEL Classification: L00, K21

Suggested Citation

Lerner, Andres V. and Klein, Benjamin, Introduction – The Economics Revolution in Antitrust Law (2008). ECONOMICS OF ANTITRUST LAW, Vol. I, pp. IX-XLIV, Benjamin Klein, Andres V. Lerner, eds., Edward Elgar Publishing, 2008. Available at SSRN: https://ssrn.com/abstract=1657212

Andres V. Lerner

Compass Lexecon ( email )

1999 Avenue of the Stars
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Los Angeles, CA 90067-6028
United States
310-728-2026 (Phone)
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HOME PAGE: http://www.compasslexecon.com/professionals/pages/bio.aspx?ID=155

Benjamin Klein (Contact Author)

University of California, Los Angeles (UCLA) - Department of Economics ( email )

1999 Avenue of the Stars
Suite 1150
Los Angeles, CA 90067-4628
United States
310-728-2025 (Phone)
310-728-2070 (Fax)

HOME PAGE: http://www.econ.ucla.edu/people/Faculty/Klein.html

Compass Lexecon ( email )

1999 Avenue of the Stars
Suite 1150
Los Angeles, CA 90067-4628
United States
310-728-2025 (Phone)
310-728-2070 (Fax)

HOME PAGE: http://www.compasslexecon.com/professionals/bio?id=152

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