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‘Market Power in Antitrust Cases,’ by William M. Landes and Richard A. Posner
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‘Market Power in Antitrust Cases,’ by William M. Landes and Richard A. Posner
William M. Landes and Richard A. Posner’s 1981 Harvard Law Review article “Market Power in Antitrust Cases” is a true classic. Showing the value of interdisciplinary work within the law & economics tradition, it brought real clarity to what “market power” means and how courts should assess it—cutting through vague labels like “monopoly power” and “dominance” that too often obscure more than they explain. On a personal note, no article has shaped…
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