Friday, December 7, 2012
Posted by D. Daniel Sokol
Richard M. Steuer, Mayer Brown LLP has a short and well done piece on The Simplicity of Antitrust Law.
ABSTRACT: Antitrust law is simpler than it seems. Although it has grown increasingly complex over the years, leading some to believe that it is often irrational and varies from one country to the next, when it is properly applied it focuses simply, and entirely, on combating two of the most innate proclivities in human nature -- bullying and ganging up -- when such conduct harms competition. Once this is understood, concerns about irrationality and disharmony begin to disappear.