Ahead of His Time: The Singular Contributions of Richard Markovits

dc.contributor.authorBrennan, Timothy J.
dc.date.accessioned2021-07-30T19:47:52Z
dc.date.available2021-07-30T19:47:52Z
dc.date.issued2016-02-09
dc.description.abstractProf. Markovits has been a prescient commenter on antitrust. His early and insightful characterization of the harm from merger as the loss to consumers from being able to trade off their two top choices can be seen in the use of diversion ratios in unilateral effects merger cases. So too does the change in assessing unilateral effects mergers from market concentration to direct measurement of competitive effects match his skepticism of market definition. I share Prof. Markovits’s view that prior dominance should not be a prerequisite for monopolization cases, at least those involving exclusionary practices. I am skeptical that intent should play a role in monopolization, other than as a source of expert evidence that a practice will be harmful. Whether antitrust should be about maximizing consumer welfare or punishing powerful actors with bad intent may be a fundamental divide in perspective in the antitrust community.en_US
dc.description.urihttps://journals.sagepub.com/doi/full/10.1177/0003603X15625108en_US
dc.format.extent23 pagesen_US
dc.genrejournal articles preprintsen_US
dc.identifierdoi:10.13016/m2tlzn-3ajb
dc.identifier.citationBrennan, Timothy J.; Ahead of His Time: The Singular Contributions of Richard Markovits; The Antitrust Bulletin, Volume: 61 issue: 1, page(s): 109-120, 9 February, 2016; https://doi.org/10.1177%2F0003603X15625108en_US
dc.identifier.urihttps://doi.org/10.1177%2F0003603X15625108
dc.identifier.urihttp://hdl.handle.net/11603/22238
dc.language.isoen_USen_US
dc.publisherSage Journalsen_US
dc.relation.isAvailableAtThe University of Maryland, Baltimore County (UMBC)
dc.relation.ispartofUMBC School of Public Policy Collection
dc.relation.ispartofUMBC Faculty Collection
dc.rightsThis item is likely protected under Title 17 of the U.S. Copyright Law. Unless on a Creative Commons license, for uses protected by Copyright Law, contact the copyright holder or the author.
dc.rightsBrennan, Timothy J.; Ahead of His Time: The Singular Contributions of Richard Markovits; The Antitrust Bulletin, Volume: 61 issue: 1, page(s): 109-120, 9 February, 2016; https://doi.org/10.1177%2F0003603X15625108
dc.titleAhead of His Time: The Singular Contributions of Richard Markovitsen_US
dc.typeTexten_US

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