FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2142034493> ?p ?o ?g. }

• W2142034493 abstract "Predatory pricing is a two-step strategy for securing monopoly profits. During the first step -- the predation stage -- a firm charges a price below its costs in the hope of driving its competitors out of the market by forcing them to sell at a loss as well. If it succeeds, the firm can proceed to the second step -- the recoupment stage. After it has the market to itself, the now-dominant firm charges a monopoly price in an effort to recoup the losses it sustained in the predation stage and to earn a steady stream of monopoly profits into the future.Predatory pricing violates section 2 of the Sherman Act, which prohibits the use of anticompetitive conduct to acquire or maintain monopoly power. Predatory pricing is one form of anticompetitive conduct. Many judges and scholars, however, believe that predatory pricing does not occur because the two-step strategy combines significant up-front costs with a low probability of success. This skepticism has led courts to impose a recoupment element for section 2 predatory pricing claims. The recoupment element requires an antitrust plaintiff bringing a predatory pricing claim to prove that the defendant will be able to acquire monopoly power and to charge a monopoly price for long enough to make the whole scheme profitable. Antitrust liability becomes a function of the defendant's profitability.This Article discusses the evolution of and rationale for the recoupment requirement. It shows how recoupment analysis by courts is often flawed, largely because judges incorrectly assume that market entry, which can prevent recoupment, is easy. This Article then illustrates the many ways in which recoupment can occur, including recoupment in other markets and recoupment through cartel or oligopoly pricing. Despite these various modes of recoupment, federal courts have sometimes structured the recoupment requirement in a way that is literally impossible to satisfy. This Article advocates more fine-tuned recoupment analysis.After exploring the judicial misapplication of the recoupment requirement, this Article challenges the underlying premises of the element by showing how predatory pricing can hurt consumers and competition even if a firm engaged in predatory pricing is unable to eventually recoup its losses. Ultimately, the recoupment requirement does not distinguish between anticompetitive and benign (or beneficial) conduct. This Article concludes by explaining how eliminating the recoupment requirement in predatory pricing litigation would better serve the purposes of antitrust law." @default.
• W2142034493 created "2016-06-24" @default.
• W2142034493 creator A5007202682 @default.
• W2142034493 date "2013-12-04" @default.
• W2142034493 modified "2023-09-26" @default.
• W2142034493 title "Predatory Pricing and Recoupment" @default.
• W2142034493 cites W109417589 @default.
• W2142034493 cites W1199799459 @default.
• W2142034493 cites W132263571 @default.
• W2142034493 cites W1463410522 @default.
• W2142034493 cites W1486234613 @default.
• W2142034493 cites W1489152864 @default.
• W2142034493 cites W1496046895 @default.
• W2142034493 cites W1498052660 @default.
• W2142034493 cites W1503411789 @default.
• W2142034493 cites W1566357462 @default.
• W2142034493 cites W1572844088 @default.
• W2142034493 cites W1969493840 @default.
• W2142034493 cites W1971499394 @default.
• W2142034493 cites W1986214998 @default.
• W2142034493 cites W1990638754 @default.
• W2142034493 cites W2015755311 @default.
• W2142034493 cites W2016765615 @default.
• W2142034493 cites W2040236056 @default.
• W2142034493 cites W2044983902 @default.
• W2142034493 cites W2079200225 @default.
• W2142034493 cites W2097075938 @default.
• W2142034493 cites W2112130001 @default.
• W2142034493 cites W2132344879 @default.
• W2142034493 cites W2258325244 @default.
• W2142034493 cites W2274928325 @default.
• W2142034493 cites W2277546413 @default.
• W2142034493 cites W2341339613 @default.
• W2142034493 cites W2346603863 @default.
• W2142034493 cites W23905313 @default.
• W2142034493 cites W2420486319 @default.
• W2142034493 cites W2788090472 @default.
• W2142034493 cites W2796548882 @default.
• W2142034493 cites W2796758377 @default.
• W2142034493 cites W2796788891 @default.
• W2142034493 cites W2797270547 @default.
• W2142034493 cites W2797449697 @default.
• W2142034493 cites W2797621872 @default.
• W2142034493 cites W2799332738 @default.
• W2142034493 cites W3024390594 @default.
• W2142034493 cites W30816663 @default.
• W2142034493 cites W3124226075 @default.
• W2142034493 cites W3124373564 @default.
• W2142034493 cites W3124557024 @default.
• W2142034493 cites W3156739890 @default.
• W2142034493 cites W53962469 @default.
• W2142034493 cites W575762884 @default.
• W2142034493 cites W598384250 @default.
• W2142034493 cites W614631309 @default.
• W2142034493 cites W645641339 @default.
• W2142034493 cites W82650720 @default.
• W2142034493 cites W2087376975 @default.
• W2142034493 cites W2156139196 @default.
• W2142034493 cites W2265406633 @default.
• W2142034493 hasPublicationYear "2013" @default.
• W2142034493 type Work @default.
• W2142034493 sameAs 2142034493 @default.
• W2142034493 citedByCount "1" @default.
• W2142034493 countsByYear W21420344932014 @default.
• W2142034493 crossrefType "posted-content" @default.
• W2142034493 hasAuthorship W2142034493A5007202682 @default.
• W2142034493 hasConcept C144133560 @default.
• W2142034493 hasConcept C162324750 @default.
• W2142034493 hasConcept C175444787 @default.
• W2142034493 hasConcept C17744445 @default.
• W2142034493 hasConcept C190253527 @default.
• W2142034493 hasConcept C199539241 @default.
• W2142034493 hasConcept C200288055 @default.
• W2142034493 hasConcept C2775881736 @default.
• W2142034493 hasConcept C2779242095 @default.
• W2142034493 hasConcept C2781127519 @default.
• W2142034493 hasConcept C40700 @default.
• W2142034493 hasConceptScore W2142034493C144133560 @default.
• W2142034493 hasConceptScore W2142034493C162324750 @default.
• W2142034493 hasConceptScore W2142034493C175444787 @default.
• W2142034493 hasConceptScore W2142034493C17744445 @default.
• W2142034493 hasConceptScore W2142034493C190253527 @default.
• W2142034493 hasConceptScore W2142034493C199539241 @default.
• W2142034493 hasConceptScore W2142034493C200288055 @default.
• W2142034493 hasConceptScore W2142034493C2775881736 @default.
• W2142034493 hasConceptScore W2142034493C2779242095 @default.
• W2142034493 hasConceptScore W2142034493C2781127519 @default.
• W2142034493 hasConceptScore W2142034493C40700 @default.
• W2142034493 hasLocation W21420344931 @default.
• W2142034493 hasOpenAccess W2142034493 @default.
• W2142034493 hasPrimaryLocation W21420344931 @default.
• W2142034493 hasRelatedWork W1485731659 @default.
• W2142034493 hasRelatedWork W1534605718 @default.
• W2142034493 hasRelatedWork W1551103158 @default.
• W2142034493 hasRelatedWork W1558475879 @default.
• W2142034493 hasRelatedWork W1560343953 @default.
• W2142034493 hasRelatedWork W179325723 @default.
• W2142034493 hasRelatedWork W1834267745 @default.
• W2142034493 hasRelatedWork W2006815127 @default.
• W2142034493 hasRelatedWork W2060537251 @default.

• next