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- W1609803717 abstract "EXCLUSION AS A CORE COMPETITION CONCERN Jonathan B. Baker August 21, 2012 A BSTRACT A contemporary consensus in antitrust discourse inappropriately places exclusionary conduct at the periphery of competition policy. Contrary to that common view, exclusion is as important as collusion as a matter of precedent, the structure of doctrinal rules, economics, and sound competition policy. In particular, courts treat exclusionary violations as routine and serious competitive problems; an emerging doctrinal rule for truncated condemnation of ―plain‖ exclusionary conduct (practices foreclosing rivals that lack a plausible efficiency justification) parallels the evolving judicial approach toward ―naked‖ collusion; exclusion and collusion can be understood within a common economic framework that emphasizes the close relationship between the two ways of exercising market power, notwithstanding differences between them in the mechanisms by which market power is obtained; and policy concerns about the likelihood or significance of enforcement errors do not justify assigning exclusion a lesser priority than collusion. Moreover, anticompetitive exclusion may be the more important problem because it poses a particular threat to economic growth. Recognizing exclusion as a core concern of competition policy along with collusion could lead enforcers to place a higher priority on attacking exclusion, particularly conduct foreclosing potential entry in markets subject to rapid technological change, and to raise the penalties in egregious exclusion cases through criminal enforcement. It would also encourage further development of the doctrinal rule governing truncated condemnation of exclusionary conduct, and protect the legitimacy of the rules prohibiting anticompetitive exclusion against pressure for modifications that would limit enforcement." @default.
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- W1609803717 date "2012-08-21" @default.
- W1609803717 modified "2023-09-23" @default.
- W1609803717 title "Exclusion as a Core Competition Problem" @default.
- W1609803717 hasPublicationYear "2012" @default.
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