Allen Grunes, Dec 12, 2012
Pop quiz: What do antitrust cases involving the leading PC operating system, a national association’s rules about real estate listings, and a joint venture between a cable company and a movie studio have in common?
Hint: Not the statute involved. One was Sherman, one was Sherman and one was Clayton.
Answer: They were all about competition to be the “next big thing.”
Quite a lot has been written on the importance of innovation to the U.S. economy, and...