Organization Control And The Single Entity Defense In Antitrust

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Organization, Control, and the Single Entity Defense in Antitrust

Author : Dean V. Williamson
Publisher : Unknown
Page : 0 pages
File Size : 45,7 Mb
Release : 2009
Category : Electronic
ISBN : OCLC:1376482701

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Organization, Control, and the Single Entity Defense in Antitrust by Dean V. Williamson Pdf

Since at least the 1930s, economists have puzzled over how to delineate the boundaries of a firm. With the advent of antitrust legislation in 1890, American courts have been pressed to consider what constitutes conspiracies between corporate entities to restrain commerce. By the 1980s, courts started to characterize conspiracies by negation - that is, by extending the status of 'single entity' to certain types of agglomerations. Efforts both in economics and in the law to sort out what constitutes a 'firm' or 'single entity' have focused on 'control.' A difficulty is that neither the law nor economics offers an operationally significant concept of control. Even so, both the law and economics contribute concepts other than control that provide a way of understanding economic organization. These concepts - adaptation and control rights - suggest how one can subsume the sometimes confusing array of single entity tests proposed in the case law within a two-stage sequence of tests.

Organization, Control and the Single Entity Defense in Antitrust

Author : Dean V. Williamson,U. S. Department of Justice Antitrust Di
Publisher : BiblioGov
Page : 38 pages
File Size : 45,8 Mb
Release : 2013-06
Category : Electronic
ISBN : 1289121796

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Organization, Control and the Single Entity Defense in Antitrust by Dean V. Williamson,U. S. Department of Justice Antitrust Di Pdf

Since at least the 1930's economists have puzzled over how to delineate the boundaries of the firm. With the advent of antitrust legislation in 1890, courts have been pressed to consider what constitute conspiracies between corporate entities to restrain commerce. By the 1940's, courts started to characterize conspiracies by sorting out what they are not - specifically, by extending the status of "single entity" to certain types of business arrangements. Both efforts in economics and in the law to sort out what constitutes a "firm" or "single entity" have focused on "control." A difficulty is that neither the law nor economics offer an operationally significant concept of control. Even so, both law and economics contribute concepts other than control that provide a way of understanding economic organization. These concepts - control rights, adaptation, delegation, and renegotiation - suggests how one can subsume the sometimes confusing array of single entity tests proposed in the case law within a two-stage sequence of tests.

The Interaction Between Competition Law and Corporate Governance

Author : Florence Thépot
Publisher : Cambridge University Press
Page : 317 pages
File Size : 43,5 Mb
Release : 2019-02-14
Category : Business & Economics
ISBN : 9781108422499

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The Interaction Between Competition Law and Corporate Governance by Florence Thépot Pdf

This book explores the interaction between competition law and corporate governance. It will appeal to an audience of lawyers and non-lawyer competition professionals in the US, UK, and EU, as well as other jurisdictions with competition law regimes.

The Cambridge Handbook of U.S. Labor Law for the Twenty-First Century

Author : Richard Bales,Charlotte Garden
Publisher : Cambridge University Press
Page : 435 pages
File Size : 43,6 Mb
Release : 2019-12-05
Category : Law
ISBN : 9781108428835

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The Cambridge Handbook of U.S. Labor Law for the Twenty-First Century by Richard Bales,Charlotte Garden Pdf

Over the last fifty years in the United States, unions have been in deep decline, while income and wealth inequality have grown. In this timely work, editors Richard Bales and Charlotte Garden - with a roster of thirty-five leading labor scholars - analyze these trends and show how they are linked. Designed to appeal to those being introduced to the field as well as experts seeking new insights, this book demonstrates how federal labor law is failing today's workers and disempowering unions; how union jobs pay better than nonunion jobs and help to increase the wages of even nonunion workers; and how, when union jobs vanish, the wage premium also vanishes. At the same time, the book offers a range of solutions, from the radical, such as a complete overhaul of federal labor law, to the incremental, including reforms that could be undertaken by federal agencies on their own.

Collaborative Capitalism in American Cities

Author : Rashmi Dyal-Chand
Publisher : Cambridge University Press
Page : 295 pages
File Size : 41,7 Mb
Release : 2018-05-10
Category : Law
ISBN : 9781107133532

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Collaborative Capitalism in American Cities by Rashmi Dyal-Chand Pdf

Develops a theory of collaborative capitalism that produces economic stability for businesses and workers in American urban cores.

The Economics of Adaptation and Long-term Relationships

Author : Dean Victor Williamson
Publisher : Edward Elgar Publishing
Page : 275 pages
File Size : 51,6 Mb
Release : 2019
Category : Economics
ISBN : 9781788979665

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The Economics of Adaptation and Long-term Relationships by Dean Victor Williamson Pdf

Do institutions matter in economic theory? Or is the economic analysis of institutions a distraction from the most important action? Indeed, does Vernon Smith’s notion of the “institution-free core” of formal economic theory encompass that most important action? To explore this question, this book opens with an informal tour of the economics of system design out of which an economics of adaptation ultimately emerged. The book then offers explorations, via the application of the economics of adaptation in both law and economics relating to how parties manage relationships within the firm, within the context of long-term contracts, and, most vividly, within the context of antitrust conspiracy.

Cold Case Files

Author : Wayne R. Dunham
Publisher : Unknown
Page : 28 pages
File Size : 52,5 Mb
Release : 2007
Category : Cartels
ISBN : STANFORD:36105063706340

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Cold Case Files by Wayne R. Dunham Pdf

Trade Secrets Legal Protection

Author : Luc Desaunettes-Barbero
Publisher : Springer Nature
Page : 505 pages
File Size : 46,8 Mb
Release : 2023-06-10
Category : Law
ISBN : 9783031267864

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Trade Secrets Legal Protection by Luc Desaunettes-Barbero Pdf

Despite the economic relevance of trade secrets, their legal protection is not based on a robust theoretical corpus, and a large uncertainty remains regarding how they should be legally apprehended. The present book investigates the foundations of their legal protection by assessing its justifications and aims to define how this legal apprehension should be organized. The book starts with a comparative analysis of the US and the EU legal frameworks. It demonstrates the parentship existing between the two systems of protection and highlights that the incremental structuring of trade secrets protection has led to legal systems lacking broad-based conceptual foundations. In both legal orders, trade secrets rely on blurred protection, formally anchored in unfair competition, the strength of which, however, comes closer to that offered by intellectual property law. In this convoluted architecture, the judiciary is required to play a decisive role, especially at the enforcement stage. However, the absence of clarity concerning the telos of trade secrets protection leads to legal uncertainty, potentially incoherent enforcement, and, all in all, to inefficient outcomes from a welfare perspective. The book then explores a theoretical framework based on a distinction between two legal objects: the undertakings’ secret sphere and secret pieces of information. Securing the undertakings’ secret sphere appears as a condition for the competition process to happen in an economy working under structural uncertainty. It requires objective regulations enforced by public authorities. On the other hand, the legal apprehension of secret pieces of information should be considered as falling within the realm of immaterial goods regulation aiming to solve the deficit of marketability of this type of good. This might call – after conducting a careful policy trade-off – for the establishment of relative (i.e. inter partes) subjective rights.

Abuse of Dominance Enforcement Under Latin American Competition Laws

Author : Maria Coppola Tineo,Russell Pittman
Publisher : Unknown
Page : 34 pages
File Size : 44,5 Mb
Release : 2006
Category : Antitrust law (International law)
ISBN : STANFORD:36105063810753

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Abuse of Dominance Enforcement Under Latin American Competition Laws by Maria Coppola Tineo,Russell Pittman Pdf

Ordered Bargaining

Author : Alexander Raskovich
Publisher : Unknown
Page : 52 pages
File Size : 51,8 Mb
Release : 2006
Category : Competition
ISBN : STANFORD:36105063810803

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Ordered Bargaining by Alexander Raskovich Pdf

Market Definition and Market Power in Payment Card Networks

Author : Eric Emch,Scott. T. Thompson
Publisher : Unknown
Page : 48 pages
File Size : 51,5 Mb
Release : 2006
Category : Affinity credit cards
ISBN : STANFORD:36105063810795

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Market Definition and Market Power in Payment Card Networks by Eric Emch,Scott. T. Thompson Pdf

Investment Incentives and Market Power

Author : Dean V. Williamson
Publisher : Unknown
Page : 68 pages
File Size : 52,5 Mb
Release : 2006
Category : Investment analysis
ISBN : STANFORD:36105063810746

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Investment Incentives and Market Power by Dean V. Williamson Pdf