Catholic University of Portugal in Lisbon

Antitrust Law and Economics

May 13-15, 2010


Professor Daniel L. Rubinfeld
University of California, Berkeley

School of Law



Carlton & Perloff, Modern Industrial Organization, 4th ed., 2004, Addison-Wesley.

Pindyck & Rubinfeld, Microeconomics, 7th ed., 2009, Prentice-Hall.


Reading Assignments

Thursday, May 13

9:00 - 11:00 - Introduction to Antitrust Economics

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

Pindyck & Rubinfeld, Microeconomics, 7th ed., Chapter 10 excerpt.


11:30 - 13:30 - Market Definition

"Horizontal Merger Guidelines," U.S. Department of Justice and Federal Trade Commission (

2003 EU Horizontal Merger Guidelines.

Daniel L. Rubinfeld, "Market Definition," Notes.


Friday, May 14

9:00 - 11:00 - Unilateral Effects Analysis

Serdar Dalkir and Frederick R. Warren-Boulton, “Prices, Market Definition, and the Effects of Merger: Staples-Office Depot (1997),” in Kwoka and White, 4th edition, pp. 52-72.

Ivaldi, et. al, “The Economics of Unilateral Effects,” pp., 3-26, Interim Report for DG Competition, November 2003. [Available at]


11:30 - 13:30 - Coordinated Effects Analysis

Ivaldi, et. al, “The Economics of Tacit Collusion,” Final Report for DG Competition, European Commission, March, 2003, pp. 4-57.

John M. Connor, "Global Cartels Redux: The Lysine Antitrust Litigation (1996)," in Kwoka and White, 5th Edition, pp. 300-328.

Saturday, May 15

9:00 - 11:00 - Monopolization

Daniel L. Rubinfeld, “Maintenance of Monopoly: U.S. v. Microsoft,” in Kwoka & White, 5th Edition, pp. 530-557.

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


11:30 - 13:30 - 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.