Antitrust 1 Prof. E. Fox Fall 2004 1 I. Introduction to Antitrust Law 4 a. General Background 4
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Harm
to Competition
Antitrust laws d/n protect competitors,
only protects consumers
Is harm to the market sufficient?
May be for government (i.e.,
Microsoft
– harm to innovation is harm to the market)
But private actions require more harm to consumers
Private parties can rely on gov’t case if they were directly
harmed and have standing
Law d/n protect competitors: but competitors’ interests may reflect consumer interests
Per se
illegal
– very few cases d/n require some sort
of anticompetitive conduct
Structural monopoly (
AT&T
), even w/o bad acts, natural
effect is anticompetitive
Essential facility – may have “duty” to competitors;
a structural problem
Merger to monopoly – but a transaction that results in monopolization
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