LAW - 693 Advanced Antitrust
This course will study the economic issues that arise in horizontal merger analysis, during agency review and, in the event the transaction is challenged, during litigation. These include market definition, the presumption of harm from market concentration, unilateral and coordinated competitive effects, entry, and efficiencies. One goal for the class is to prepare students to join a team investigating (for the government) or advocating (for the firms) a proposed merger - before an enforcement agency or in court - and contribute immediately.
The class will combine traditional classroom discussions of various topics in the antitrust analysis of horizontal mergers with multi-class simulation exercises to apply that learning. The simulation exercises will be based on the pleadings and testimony in two antitrust challenges to mergers litigated during Fall 2013, one involving platforms for collecting and displaying product ratings and reviews online and the other involving airlines (the merger of US Airways and American).
Co-Requisite: Advanced Antitrust: Mergers Practicum (LAW-693A) Prequisite or Corequisite: Antitrust Law (LAW-692)