A PYMNTS Company

No Single Monopoly Profit, No Single Policy Prescription?

By  |  November 1, 2009

Harry First, Nov 01, 2009

Professor Einer Elhauge´s most recent article, Tying, Bundled Discounts, and the Death of the Single Monopoly Profit Theory, begins with a critique of the thrall in which the single monopoly profit theory has held tying law and ends with an affirmation of the current state of the law: The current quasi-per se rule thus correctly condemns ties based on tying market power absent offsetting efficiencies, even without substantial tied foreclosure. I like the beginning and I like the destination. Its the journey that is not without some problems for me. I divide this essay into two parts. First I want to talk about the goals of antitrust. Second I offer some comments on Professor Elhauge´s approach to tying and the importance of the one monopoly profit theory.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Links to Full Content