Wednesday, September 19, 2007
Is the Difference Between US and European Monopolization One Based on Chicago/Post Chicago Economics?
Posted by D. Daniel Sokol
With apologies to Einer Elhague (the US approach is Harvard ), Herb Hovenkamp (the US approach is new Harvard), and Bill Kovacic (the US approach is a Chicago-Harvard Double Helix), Commissioner Tom Rosch suggests that the US approach is Chicago School and the EU approach is post-Chicago School, at least as it relates to monopolization/abuse of dominance. See Commissioner Rosch's speech I say Monopoly, You say Dominance: The Continuing Divide on the Treatment of Dominant Firms, is it the Economics? Hat tip to antitrust guru and all around nice guy David Balto for brining this to my attention.