This site is a developmental version of Wiki Law School. To go to the production site: www.wikilawschool.org
Antitrust: Difference between revisions
Lost Student (talk | contribs) |
(Spelling Error) |
||
(4 intermediate revisions by one other user not shown) | |||
Line 1: | Line 1: | ||
{{Infobox General Outline | |||
| subject = Antitrust Law | |||
| book_one = Antitrust Analysis: Problems, Text, and Cases | |||
| book_two = United States Antitrust Law and Economics | |||
| book_three = United States Antitrust Law and Economics nutshell | |||
| book_four = | |||
| related = | |||
}} | |||
{{Outline stub}} | |||
== Introduction to the Competition Model == | == Introduction to the Competition Model == | ||
Line 23: | Line 32: | ||
Generally, only the "direct purchaser" may have standing to sue for antitrust injury. In [[Illinois Brick Co. v. Illinois]], an indirect purchaser of concrete blocks attempted to sue the manufacturer of the blocks. The blocks had come to the purchaser through two levels in the supply chain. The indirect purchaser was found to not have been injured by the alleged antitrust violations. | Generally, only the "direct purchaser" may have standing to sue for antitrust injury. In [[Illinois Brick Co. v. Illinois]], an indirect purchaser of concrete blocks attempted to sue the manufacturer of the blocks. The blocks had come to the purchaser through two levels in the supply chain. The indirect purchaser was found to not have been injured by the alleged antitrust violations. | ||
One policy rationale behind the direct purchaser requirement is that | One policy rationale behind the direct purchaser requirement is that there are many indirect purchasers compared to the number of direct purchasers, which spreads out the damage more. Less damage per purchaser spells out less incentive to sue for recovery than the direct, larger-volume purchaser has. | ||
==== Antitrust Injury ==== | ==== Antitrust Injury ==== | ||
Line 30: | Line 39: | ||
The injury should reflect the anticompetitive effect either of the violation or of anticompetitive acts made possible by the violation. It should, in short, be “the type of loss that claimed violations . . . would be likely to cause.” | The injury should reflect the anticompetitive effect either of the violation or of anticompetitive acts made possible by the violation. It should, in short, be “the type of loss that claimed violations . . . would be likely to cause.” | ||
==== "Business or Property ==== | |||
A plaintiff suing for antitrust recovery under section 4 of the Clayton Act must allege injury to "business or property." Sometimes this means that plaintiff must have an injury to a "commercial injury." In [[Reiter v. Sonotone Corp.]], the defendant argued that "business or property" means only commercial business (commercial interests or enterprises), but the holding said that "business or property" means personal property or interest as well. | |||
==== Standing to Sue ==== | |||
For one to have standing, a nexus must exist between the plaintiff's harm and the alleged violation. [[Blue Shield of Virginia v. McCready]] describes that the court looks for a physical and economic connection between the violation alleged and the harm caused. There are several Factors of importance: | |||
* Remoteness | |||
* Foreseeability | |||
* If the injury plaintiff suffered was inextricably intertwined with the injury the conspirators sought to inflict | |||
[[Associated Gen. Contractors v. Cal. State Council of Carpenters]] lays out more factors that will help determine if the plaintiff has standing or not: | |||
* Causal connection between alleged violation and harm to plaintiff | |||
* Whether or not the defendant had improper motive | |||
* Whether injury is that which Congress wanted to stop | |||
* Directness of asserted injury | |||
* Speculative nature of relationship between the alleged antitrust violation and the alleged injury | |||
* Risk of duplicative recovery or complex apportionment of damages | |||
===Additional Antitrust Defenses=== | ===Additional Antitrust Defenses=== | ||
Line 88: | Line 117: | ||
[[Category:Outlines]] | [[Category:General Outlines]] |
Latest revision as of 17:14, July 11, 2022
This outline has not yet been created or needs significant work. You can be among the first to contribute! To start, just copy and paste your class notes, another outline, or even the course syllabus (note that you may not submit copyrighted materials without the author's permission). Others will pick up where you leave off.
Also please try to fill in some of the blanks to the right of the equal signs in the General Outline Infobox (click on the link for instructions). Thanks for participating! |
Introduction to the Competition Model
Policies and Goals of Antitrust Regulation
Common Law
Framework for Analysis
Economic Problem
Market in Movement
Judicial Emphasis on Economic Reasoning
Special Problems of Antitrust Enforcement
Enforcement
Direct Purchaser
Generally, only the "direct purchaser" may have standing to sue for antitrust injury. In Illinois Brick Co. v. Illinois, an indirect purchaser of concrete blocks attempted to sue the manufacturer of the blocks. The blocks had come to the purchaser through two levels in the supply chain. The indirect purchaser was found to not have been injured by the alleged antitrust violations.
One policy rationale behind the direct purchaser requirement is that there are many indirect purchasers compared to the number of direct purchasers, which spreads out the damage more. Less damage per purchaser spells out less incentive to sue for recovery than the direct, larger-volume purchaser has.
Antitrust Injury
Brunswick Corp. v. Pueblo Bowl-O-Mat, Inc. tells us that antitrust injury must come "'by reason of' that which made the acquisitions unlawful." What makes the acquisition unlawful is injury to competition.
The injury should reflect the anticompetitive effect either of the violation or of anticompetitive acts made possible by the violation. It should, in short, be “the type of loss that claimed violations . . . would be likely to cause.”
"Business or Property
A plaintiff suing for antitrust recovery under section 4 of the Clayton Act must allege injury to "business or property." Sometimes this means that plaintiff must have an injury to a "commercial injury." In Reiter v. Sonotone Corp., the defendant argued that "business or property" means only commercial business (commercial interests or enterprises), but the holding said that "business or property" means personal property or interest as well.
Standing to Sue
For one to have standing, a nexus must exist between the plaintiff's harm and the alleged violation. Blue Shield of Virginia v. McCready describes that the court looks for a physical and economic connection between the violation alleged and the harm caused. There are several Factors of importance:
- Remoteness
- Foreseeability
- If the injury plaintiff suffered was inextricably intertwined with the injury the conspirators sought to inflict
Associated Gen. Contractors v. Cal. State Council of Carpenters lays out more factors that will help determine if the plaintiff has standing or not:
- Causal connection between alleged violation and harm to plaintiff
- Whether or not the defendant had improper motive
- Whether injury is that which Congress wanted to stop
- Directness of asserted injury
- Speculative nature of relationship between the alleged antitrust violation and the alleged injury
- Risk of duplicative recovery or complex apportionment of damages