… antitrust is flat out interesting stuff. We’re talking … all forms of cutthroat competition between firms to stay alive in a competitive marketplace … For some reason antitrust has earned the reputation of being a “boring” class for specialists who are interested in economics. Wrong, wrong, wrong. Sure, antitrust will force you to learn some economics because the law itself has incorporated economic concepts … But this is a feature, not a bug. Economics is a tool that can help one understand how the world works and provide some interesting insight on business practices that we observe in the world and impact us everyday at the gas pump, the grocery store, the computers we all work on, and just about everywhere else. Supply and demand graphs might be boring to some, and I don’t mean to suggest that antitrust is for everyone all the time, but its fun to think about questions like how the Sirius-XM merger will impact prices, whether premium, natural and organic supermarkets are a relevant market (the issue in Whole Foods/Wild Oats), and the economic and business organization of the National Football League, and just about every business venture involving Google, Microsoft, Apple and Yahoo.
Agreed.
So wirbt Josh D. Wright, Assistant Professor of Law, George Mason University School of Law, bei Studenten für seinen Kurs im Kartellrecht in der anlaufenden Uni-Saison: “Why Take Antitrust? (Fall 2010 Edition)”, 16. August 2010.
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