The study of antitrust law may not, at first, seem like an appropriate topic for economics. However, the effect of and justification for antitrust law is entirely economic and micro economic at that. Important antitrust cases are, at this writing, in the news and understanding the implications of these cases, as well as the reason they exist in the first place, requires some understanding of antitrust law in the U.S.
Since this isn't law school (you can relax now) we will try to keep our discussion fairly straightforward and focused on the economic implications of and rationale for the most well known antitrust laws. We will also, briefly, look at some of the more interesting recent antitrust cases, including the very famous, and still ongoing, Microsoft case.
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