Archive for June 9th, 2011
Antitrust Syllogism of the Day
Combine: “… negotiation between competitors may facilitate the supreme evil of antitrust: collusion” (Supreme Court Justice A. Scalia, Verizon Communications, Inc. v. Law O¢ ces of Curtis V. Trinko LLP, 2004)
with: “Collusion of firms can take many forms, of which the most comprehensive is outright merger” (G. J. Stigler, “Theory of Oligopoly”, (1964) 72 Journal of Political Economy, 44)
and get → “the supreme, most comprehensive, evil of antitrust is outright merger“
Or a good antitrust illusltration of the limits of legal syllogism.