Law 252.6 - Antitrust Law and Economics
Professor Daniel Rubinfeld
UC Berkeley, School of Law
Spring, 2003, Mondays 3-5 PM

On Reserve:
Areeda and Kaplow, Antitrust Analysis, 5th Edition, Aspen Law & Business, 1997. (1999 and 2000 supplements available)
Carlton and Perloff, Modern Industrial Organization, 3rd Edition, 1999, Longman Science & Tech.
Eisenbach and Lenard, eds., Competition, Antitrust, and the Microsoft Monopoly, 1999, Kluwer
Flynn and First, Antitrust: Statutes, Treaties, Regulations, Guidelines, Policies, Foundation Press, 1999, including supplements
Kwoka and White, eds., The Antitrust Revolution, 3rd Edition, 1999, Oxford University Press
Pindyck and Rubinfeld, Microeconomics, 5th Edition, 2000, Prentice-Hall

READING ASSIGNMENTS

I. Analysis of Mergers

Jan. 27 - Introduction to Antitrust Law

Daniel L. Rubinfeld, "Antitrust Policy," International Encyclopedia of the Social and Behavioral Sciences, Vol. 1: 553-60, Elsevier Science Ltd. (2001).

Feb. 3 - The Merger Guidelines: Market Definition

"1992 Horizontal Merger Guidelines, U.S. Department of Justice and Federal Trade Commission," in Flynn and First, Antitrust: Statutes, Treaties, Regulations, Guidelines, Policies, Foundation Press (1999), pp. 302-329; also at http://www.ftc.gov/bc/docs/horizmer.htm.

Daniel L. Rubinfeld, "Market Definition with Differentiated Products: The Post-Nabisco Cereal Merger, Antitrust Law Journal, Vol. 68, No. 1, 2000, pp. 163-182.

Feb. 10 - Market and Monopoly Power

Thomas Krattenmaker, Robert Lande & Steven Salop, "Monopoly Power and Market Power in Antitrust Law," 76 Georgetown Law Journal, 1987, pp. 241-269.

Jonathan B. Baker and Daniel L. Rubinfeld, " Empirical Methods in Antitrust Litigation: Review and Critique," 1 American Law and Economics Review, 1999, pp. 386-405.

Feb. 24 - Unilateral Effects Analysis - Differentiated Products Mergers

Federal Trade Commission v. Staples, Inc., U.S. District Court, District of Columbia, 1977, 970 F. Supp. 1066, Handler, Pitofsky, Goldschmid, and Wood, Trade Regulation: Cases and Materials, 1998 Supplement, Foundation Press, pp. 111-133.

Jonathan B. Baker, "Econometric Analysis in FTC v. Staples," Jrnl of Public Policy and Marketing, Vol 18, No. 1, Spring 1999, pp. 11-21.

Roy J. Epstein and Daniel L. Rubinfeld, "Merger Simulation: A Simplified Approach with New Applications," 69 Antitrust Law Journal, pp. 883-912.

Mar 3 - Tacit Collusion and Coordinated Effects

Michael Knight and Andrew Dick, "Notes to Accompany Seminar on Tacit Collusion," August 13, 1998.

Severin Borenstein, "Rapid Price Communication and Coordination: The Airline Tariff Publishing Case (1994), in Kwoka & White, p.310-326.

 

II. Intellectual Property

Mar 10 - Essential Facilities and Refusals to Deal

Carl Shapiro, "Aftermarkets and Consumer Welfare: Making Sense of Kodak," Antitrust Law Journal, Vol. 63, 1995, pp. 483-511.

Dennis W. Carlton, "A General Analysis of Exclusionary Conduct and Refusal to Deal - Why Aspen and Kodak are Misguided" Antitrust Law Journal, Vol. 68, Issue 3, 2001, pp. 659-683.

Integraph Corp. v. Intel Corp., 3 F. Supp. 2d 1255 (N.D. Ala. 1998), vacated, 195 F. 2d 1346 (Fed. Cir. 1999)

Mar 17 - Raising Rivals' Costs: Exclusionary Practices

Thomas Krattenmaker and Steven Salop, "Anticompetitive Exclusion: Raising Rivals' Costs to Achieve Power over Price," Yale Law Journal, Vol. 96, Dec. 1986, pp. 223-253.

Willard K. Tom, David A. Balto, and Neil W. Averitt, "Anticompetitive Aspects of Market-Share Discounts and Other Incentives to Exclusive Dealing" Antitrust Law Journal, Vol. 67, Issue 3, 2000, pp. 615-639.

Mar 31 - Joint Ventures

Gregory J. Werden, "Antitrust Analysis of Joint Ventures: An Overview," Antitrust Law Journal, Vol. 66, 1998, pp. 701-735.

FTC / DOJ Antitrust Guidelines for Collaborations Among Competitors, April 2000


III. High Technology Applications

April 6 - Network Effects

Daniel L. Rubinfeld, "Antitrust Enforcement in Dynamic Network Industries," Antitrust Bulletin, Fall/Winter 1998, pp. 859-882.

April 13 - The Microsoft Case

Michael L. Katz and Carl Shapiro, "Antitrust in Software Markets," in Competition, Innovation and the Microsoft Monopoly: Antitrust in the Digital Marketplace, Eisenach and Lenard (eds.), Kluwer Academic, 1999, pp. 29-81.

Franklin M. Fisher and Daniel L. Rubinfeld, "U.S. v. Microsoft - An Economic Analysis," The Antitrust Bulletin, Vol. 46, Spr 2001, pp. 1-69.

U.S. v. Microsoft Corporation: Court's Findings of Fact (11/5/99)

U.S. v. Microsoft Corporation: Conclusions of Law and Final Order (4/3/00)

USA vs. Microsoft Corp, Opinion of the Court of Appeals for the D.C. Circuit (6/28/01)

April 20 - Tying, and Monopoly Leveraging in High Technology Markets

Janusz A. Ordover and Robert D. Willig, "Access and Bundling in HighTechnology Markets," in Competition, Innovation and the Microsoft Monopoly: Antitrust in the Digital Marketplace, Eisenach and Lenard (eds.), Kluwer Academic, 1999, pp. 103-128.

Lawrence J. White, "Microsoft and Browsers: Are the Antitrust Problems Really New?," in Jeffrey A. Eisenach and Thomas M. Lenard, eds., Competition, Antitrust, and the Microsoft Monopoly, 1999, Kluwer, pp. 137-154.

April 27 - Media Mergers: AOL-Time Warner and Echo-Star Direct TV

Daniel L. Rubinfeld and Hal J. Singer, "Open Access to Broadband Networks: A Case Study of the AOL-Time Warner Merger," Berkeley Technology Law Journal, Vol. 16, No. 2, Spring 2001, pp. 631-675.

FCC filing: Affidavit and Report of Daniel Rubinfeld (DirecTV / EchoStar merger), Feb 2002

Declaration of Dr. Robert D. Willig on behalf of EchoStar Communications Corp, General Motors Corp and Hughes Electronics Corp

May 5 - Strategic Behavior: Predatory Pricing, Patent Misuse

Michael L. Denger and John A. Herfort, "Predatory Pricing Claims After Brooke Group," 62 Antitrust Law Journal, 1994, pp. 541-558.

Robert J. Hoerner, "The Decline (and Fall?) Of the Patent Misuse Doctrine in the Federal Circuit," 69 Antitrust Law Jrnl, 2002, p.669-685.

May 6 - Student Presentations