Market Definition in Monopoly Cases: A Paradigm is Missing

  title={Market Definition in Monopoly Cases: A Paradigm is Missing},
  author={Lawrence J. White},
  journal={ERN: Antitrust (IO) (Topic)},
  • L. White
  • Published 1 March 2005
  • Economics
  • ERN: Antitrust (IO) (Topic)
The question of market definition for monopolization cases - and thus the issue of the possession of market power by the defendant - is crucial for the outcome of these cases. However, unlike antitrust merger analysis, where the DOJ-FTC Horizontal Merger Guidelines has provided a successful paradigm for market definition, monopolization cases lack a guiding market definition paradigm. This chapter addresses this issue, shows the problems that arise when a market definition paradigm is absent… 
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