Course Description
This course focuses on how the antitrust laws regulate the activities of firms, consumers, and other "players" in our market-oriented society. The course focuses on various activities by these groups, and evaluate whether various activities are (and should be) illegal. Some specific topics include: monopolization; predatory pricing and other predatory behavior; price fixing and territorial allocation among competitors; resale price maintenance and market allocation imposed by a manufacturer or retailers; mergers. This course involves some economic analysis, because one basic premise for the antitrust laws is to promote "a competitive environment." But the course is designed to teach the economics and gives students a chance to use it. Antitrust also involves exploration of human behavior generally, and thus is something of a law/psychology course as well. Antitrust law is for students who have a willingness to suspend belief and learn something new, and to do some straightforward identification of behavior by consumers and producers.
Updated: 04/05/2011