THE LIMITS OF ANTITRUST AND THE CHICAGO SCHOOL TRADITION

George L. Priest

Journal of Competition Law and Economics, 2010, vol. 6, issue 1, 1-9

Abstract: I situate Frank Easterbrook's article, The Limits of Antitrust, within the Chicago School antitrust tradition. I demonstrate the link between the article and the works of Aaron Director and Ronald Coase, in particular their emphasis (1) on the superior effect of markets to government attempts to correct monopoly behavior and (2) the expectation of judicial error. The Easterbrook article is shown to have extended the Director–Coase antitrust program.

JEL-codes: B20 B25 B31 K10 K21 L40 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:oup:jcomle:v:6:y:2010:i:1:p:1-9.

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Journal of Competition Law and Economics is currently edited by Nicholas Economides, Amelia Fletcher, Michal Gal, Damien Geradin, Ioannis Lianos and Tommaso Valletti

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