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From Discount to Discrimination: The Strange Economics of Anti-Competitive Antitrust
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Utopia - you are standing in it!
Utopia - you are standing in it!From Discount to Discrimination: The Strange Economics of Anti-Competitive Antitrust
Antitrust has always been a strange regulatory enterprise. Businesses are largely free to engage in various commercial practices involving price, output, product design, distribution, research, and innovation—until they’re not. Outside the paradigmatic examples of explicit agreements among competitors to fix price and output, many business practices live in a gray zone. Whether a particular pricing practice, rebate structure, or distribution str…
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