Product Review

A concise student treatise on antitrust that includes the basics of the microeconomic foundations on which modern antitrust doctrine is built. Many students stumble trying to disentangle economic theory from doctrine, and this treatise expertly blends the two, clearly and concisely defining the terms and basic concepts that all antitrust students need to know. Author Daniel Crane is well regarded for his antitrust scholarship.

• Comprehensive overview of the major antitrust statutes, including Sherman, Clayton, FTC, Robinson-Patman, and Hart-Scott-Rodino Acts, including substantive operation, antitrust immunities, and questions of standing and jurisdiction.
• Nontechnical explanations of economic theories for students without economics background.
• Orientation on how to triage and analyze antitrust problems, such as distinctions between unilateral and coordinated behavior and vertical and horizontal arrangements.
• Systematic examination of 2010 Horizontal Merger Guidelines with illustrations from litigated cases.