PPT-Monopoly and Antitrust

Inefficiency of Monopoly Competitive Outcome P P C MC Q Q C Monopoly Outcome P M gt P C MC Q Q M lt Q C MR D MC Q M P M Q C Comp Monop CS PS Welfare DWL. Chapter 20. Meiners, Ringleb & Edwards. The Legal Environment of Business, 12. th. Edition. Antitrust Law. Antitrust law addresses prohibitions on attempts by competitors to . restrain competition . A. Antitrust (anti-monopoly) laws . 1. Sherman Act of 1890. 2. Clayton Act of 1914. 3. Federal Trade Commission Act. -- . Monopolists . tend to produce less and charge more.. -- Regulatory Agencies control economic behavior (Dept of Justice, Fed Trade . 1. . Graphs and Tables Copyright . © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.. Antitrust policy. Main purpose. : prevent monopolization, promote competition, and achieve . allocative. Spencer . Weber . Waller. Professor . Loyola University Chicago School of . Law . Director of the Institute . for Consumer Antitrust . Studies. Matthew Sag. Professor Loyola University Chicago School of Law . the «. antitrustization. » of FRAND: a multi-. sided. . reappraisal. ?. Professor Nicolas Petit, University of Liege. LIEN, Nanterre, 18 . June 2015. Goals of the . presentation. Patent hold-up. The . Part I: Conduct Cases and Enforcement. 1. 2011 – 2012 Antitrust Update. Conduct Cases. Section 1 of the Sherman Act prohibits agreements and conspiracies that restrain trade. 15 U.S.C. § 1.. Section 2 of the Sherman Act prohibits monopolization.  15 U.S.C. § 2. Copyright © 2017 Pearson Education, Inc. All Rights Reserved. Is Any Firm Ever Really a Monopoly?. We define monopoly.. Monopoly. is a market structure consisting of a firm that is the only seller of a good or service that does not have a close substitute.. Monopolization under Sec. 2. Randal C. Picker. James Parker Hall Distinguished Service Professor of Law. The Law School. The University of Chicago. Copyright . © . 2000-18 . Randal C. Picker. All Rights Reserved.. Compliance . Bootcamp. (5/15). This presentation is similar to any other legal education materials designed to provide general information on pertinent legal topics. The statements made as part of the presentation are provided for educational purposes only. They do not constitute legal advice nor do they necessarily reflect the views of Holland & Hart LLP or any of its attorneys other than the speaker. This presentation is not intended to create an attorney-client relationship between you and Holland & Hart LLP. If you have specific questions as to the application of law to your activities, you should seek the advice of your legal counsel.. Rebecca Nelson . Robert Bell. 18 May 2017. 1. Robert Bell. Robert Bell is head of the EU & UK competition team at Bryan Cave with over 20 years of experience advising on complex competition and regulatory matters involving some of the leading cases before . M&A and Antitrust — Top Tips to Help Antitrust Clearance Rebecca Nelson Robert Bell 18 May 2017 1 Robert Bell Robert Bell is head of the EU & UK competition team at Bryan Cave with over 20 years of experience advising on complex competition and regulatory matters involving some of the leading cases before The word Monopoly is a combination of two words in which “mono” implies “single” and “poly” means “seller”. Therefore, the market controlled by a sole trader is said to a Monopoly market.. Students will be able to identify and/or define the following terms:. Monopoly. Natural Monopoly. Patent. Do . Now. What is a barrier to entry?. Any condition that makes it difficult to enter a market.. Acknowledgments. This PowerPoint presentation is based on and includes content derived from the following OER resource:. Principles . of Microeconomics. An OpenStax book used for this course may be downloaded for free at:.