This article is part of a Chronicle. See more from this Chronicle William Michael, Aidan Synnott, Sep 24, 2009 During his campaign for the Presidency, then-Senator Barack Obama promised that he would direct his administration to reinvigorate antitrust enforcement, placing special emphasis on competition in health care and pharmaceuticals. Among other things, he promised to […]

This article is part of a Chronicle. See more from this Chronicle Sep 24, 2009 It is often asserted that the prohibition on “unfair methods of competition” contained in Section 5 of the Federal Trade Commission Act provides the FTC with flexibility to attack competitive conduct that is proper when examined under the federal antitrust […]

In this issue: Of Current Interest Michael Baumann, Paul Godek, Sep 24, 2009 Reconciling the Opposing Views of Critical Elasticity We present a revised and more general critical elasticity model, one that might reconcile competing arguments. Malcolm Coate, Sep 24, 2009 Bush, Clinton, Bush: Twenty Years of Merger Enforcement at the Federal Trade Commission This […]

This article is part of a Chronicle. See more from this Chronicle Malcolm Coate, Sep 24, 2009 In the 1980s, merger enforcement underwent two significant changes. First, the antitrust agencies fully developed the Hart-Scott-Rodino (“HSR”) merger review program. Both the Department of Justice (“DOJ”) and Federal Trade Commission (“FTC”) gained experience in evaluating detailed data […]

This article is part of a Chronicle. See more from this Chronicle Michael Baumann, Paul Godek, Sep 24, 2009 Market definition is the core of antitrust analysis, and the concepts of “critical elasticity” and “critical loss” have often been applied to the task of defining relevant antitrust markets, in both differentiated-product and homogenous-product scenarios. The […]