This work deals with the role of Section 5 of the FTC act, including legislative history and a discussion of the development of Section 5 doctrines through FTC and reviewing courts' decisions.
Beginning with a summary of the legislative background of the Act, a discussion of the need, if any, for a separate price discrimination statute is discussed in volume 1 of this set. Volume 2 examines the major policy issues relating to buyer liability, brokerage allowances and services, cost-justification defense, and the measure of damages under the Robinson-Patman Act.
Eight decades after The Chicago Board of Trade v. U.S. decision, the reasonableness standard remains the core principle of antitrust analysis. While proposals to streamline the rule of reason analysis abound, the most compelling question is whether any of these proposals will gain widespread acceptance. This new guide examines the basic analytical approaches used to evaluate potential anti-competitive conduct and the ongoing debate over their effectiveness and efficiency. Tracing the development of rule of reason analysis from early decisions through present day cases, the book discusses the emergence of the per se standard. The guide concludes with an extended discussion of the key ingredients of the rule of reason mix: anti-competitive effects and market power, efficiency justifications, and the wide variety of methods proposed to try and balance them.
Antitrust Law Developments and its annual supplements have been recognized as the most authoritative and comprehensive research tools for practitioners, The 2003 Annual Review of Antitrust Law Developements surveys and describes all the significant developments during 2003.
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