ANTITRUST SYLLABUS
FALL 2000

CASEBOOK

E.T. Sullivan & H. Hovenkamp, ANTITRUST LAW, POLICY AND PROCEDURE (Michie 4th ed. 1999) with 2000 Supplement

BACKGROUND REFERENCES

P. Areeda & D. Turner, ANTITRUST LAW (Little Brown & Co.)(multi-volume treatise with bound annual supplement by Areeda & Hovenkamp or Hovenkamp)

Seidenfeld, MICROECONOMIC PREDICATED TO LAW & ECONOMICS (Anderson 1996)

W. Adams & J. Brock, ANTITRUST ECONOMICS ON TRIAL: A DIALOGUE ON THE NEW LASSEZ-FAIRE (Princeton U. Press 1991)

H. Hovenkamp, ECONOMICS AND FEDERAL ANTITRUST LAW (West Hornbook Series 1985)

American Bar Ass'n Section on Antitrust Law, ANTITRUST LAW DEVELOPMENTS (3rd. ed 19__) (2ne ed. 1984)

R. Bork, THE ANTITRUST PARADOX (The Free Press 1978) (new Introduction and Epilogue 1993)

L. Sullivan, ANTITRUST LAW (West Hornbook Series 1977)

R. Posner, ANTITRUST LAW: AN ECONOMIC PERSPECTIVE (U. Chicago Press 1976)

 

ASSIGNMENTS

NB:  This is an ambitious schedule.  Occasional dates have been reserved for review or continued discussion in case we fall behind schedule.   Deletions may be made over the course of the semester and we will probably not have time for coverage of the Robinson-Patman materials scheduled for the end of the course.   "CB refers to casebook pages:: "S" refers to supplement pages.

First Week

1. Tu. 8/29 Introduction and Statutes: CB 1-31, 1095-1103

 

2. Th. 8/31 Antitrust Economics: CB 47-66
Early Interpretations:  CB 31-43

Second Week

Part I Horizontal Restraints

3. Tu. 9/5 CARTELS AND CARTEL BEHAVIOR: CB 187-209
Price-Fixing: CB 189-201
Supply and Output Restrictions: CB 201-209

Discussion will focus on Chicago Board of Trade, Trenton Potteries, Appalachian Coals and Socony.

 

4. Th. 9/7 Price-Fixing Continued:  CB 209-213, 441-49

Agreements Limiting Price Competition
     Maximum Price-Fixing:  CB 209
     Fee Schedules

Discussion will focus on Kiefer Stewart, Kahn, Goldfarb, Maricopa County, Va. Pharmacy Board, and Bates

Third Week

5. Tu. 9/12 Price-Fixing continued:  Data Dissemination:  CB 213-42

Discussion will focus on American Column, Maple Flooring Cement, Sugar, Container, Citizens, Gypsum and Professional Engineers

 

6. Th. 9/14 Price-Fixing or what?  CB 242-88

Discussion will focus on BMI, Catalano, Maricopa County and NCAA

Fourth Week

7. Tu. 9/19 The Conspiracy Doctrine:  CB 279-325
Conscious Parallelism
Delivered Pricing
Intraenterprise Conspiracy
Oligopoly Pricing
Facilitating Devices

Discussion will focus on Interstate Circuit, Theatre Enterprises, Cement Institute, Copperweld, and duPont (Antiknock)

 

8. Th. 9/21 Burden of Proof & Summary Judgement:  CB 325-45, 553-70
Antitrust Injury:  CB 114-37

Discussion will focus on Matsushita, and Kodak Tech. Serv.

Fifth Week

9. Tu. 9/26 Market Allocation:  CB 345-68; 404-15

Discussion will focus on Sealy, Topco, Polk Bros. and Assoc. Press

 

10. Th. 9/28 Concerted Refusals to Deal:  CB 368-83, 388-415

Discussion will focus on Eastern States, FOGA, Klor's, NW Wholesale Stationers, IFD, and Assoc. Press

Sixth Week

11. Tu. 10/3 Reserved for Discussion on Horizontal Restraints, if needed

Part II Vertical Restraints

12. Th. 10/5 Vertical Price Restraints:  CB 419-40, Web Page
Minimum Vertical Price Control-Resale Price Maintenance

Discussion will focus on Dr. Miles, Simpson, Colgate, Park Davis and Russell Stover (web page)

Seventh Week

13. Tu. 10/10 Vertical Maximum Price Control:  CB 440-49

Discussion will focus on Albrecht, Kahn

 

14. Th. 10/12 Vertical Non-Price Restrictions:  CB 473-91

Discussion will focus on White Motors, Sylvania, Sealy

Eighth Week

15. Tu. 10/17 Intrabrand Vertical Foreclosure:  CB 449-73, 491-514
Dealer Termination
Dual Distribution Systems
Exclusive Dealerships
Exclusive Dealings

Discussion will focus on Monsanto, Sharp, Valley Liquors, and Tampa Electric

 

16. Th. 10/19 Reserved for Discussion on Vertical Restraints

Ninth Week

17. Tu. 10/24 Interbrand Vertical Foreclosure & Tying:  CB 514-20, 531-73
Exclusive Dealing
Tying

Discussion will focus on Tampa Electric, Standard Stations, Fortner II, Jefferson Parish, Kodak Tech. Serv.

 

18. Th. 10/26 Proof of Tying Market Power:  CB 531-36, 553-94
Package Licensing
Full Line Forcing
Franchising

Discussion will focus on Kodak, Microsoft, Loew's, Jerrold Electronics and Principe

Tenth Week

Part III Monopoly Offenses

19. Tu. 10/31 Monopolization:  CB 597 1st , 608-45, 971-76
The Economics of Monopolization
Market Definition
Monopoly Power
Theory of Contestable Markets

Discussion will focus on economic theory, Alcoa and duPont Cellophane

 

20. Th. 11/2 Market Definition & Monopoly Conduct:  CB 645-90
Product Market Definition concluded
Geographic Market Definition
Barriers to Entry
Strategic Behavior

Discussion will focus on Telex, Grinnell, United Shoe, Berkey, and CalComp.

Eleventh Week

21. Tu. 11/7 Monopoly Conduct continued:  CB 690-723
Duty to Cooperate?
Raising Rivals Costs
The Essential Facilities Doctrine
Patent Policy
Vertical Integration

Discussion will focus on Aspen Skiing, Paschall

 

22. Th. 11/9 Attempt to Monopolize:  CB 722-34, 325-45, 734-72
Market Power
Intent and Conduct
Predatory Pricing

Discussion will focus on Spectrum Sports, duPont (Titanium Oxide), Matsushita, Legett, and Barry Wright

Twelfth Week

23. Tu. 11/14 Conspiracy to Monopolize:  CB 773-76

                                                    Part IV  Acquisitions and Mergers

Mergers:  CB 782-86, 795-801, 805-08, 813-32
Vertical Foreclosure
Horizontal Mergers
Statistical Analysis

Discussion will focus on Columbia Steel, duPont-GM, Brown Shoe and PNB

 

24. Th. 11/16 Mergers continued:  CB 832-82
Statistical Analysis continued
HHI Index
Merger Guidelines
Efficiency Defense

Discussion will focus on Von's, General Dynamics, Staples, Hospital Corp., and Waste Mgt.

Thirteenth Week

25. Tu. 11/21 Potential Competition:  CB 880-911, 114-37
Antitrust Injury

Discussion will focus on Winslow, Cont. Can, El Paso, P&G, Tenneco, Citizen Pub., Penn-Olin, Brunswick and Cargill

Th. 11/23 No Class-Thanksgiving

Fourteenth Week

Part V  Price Discrimination

26. Tu. 11/28 Robinson-Patman Act Secondary Line Injury:  CB 919-23, 928-52
Economics of Price Discrimination
Injury to Competition
Quantity Discounts
Commodities of Like Grade and Quality

Discussion will focus on Morton Salt, Pruett Payne, Henry Broch, and Borden '66

 

27. Th. 11/30 Defenses:  CB 947-67
Cost Justification
Meeting Competition
Buyer Liability

Discussion will focus on Borden '62, Gypsum and Falls City

Fifteenth Week

28. 12/5 Reserved

End of Course