Showing posts with label Section 5. Show all posts
Showing posts with label Section 5. Show all posts

Tuesday, March 19, 2013

Parallel Exclusion

S. Hemphill, T. Wu, here.

"In industries marked by rapid technological change, the exclusion of entrants has a far greater impact on the development of the industry. In these industries, exclusion, not price-fixing, is the “supreme evil” that antitrust should address.", p. 1212.