CEU eTD Collection (2012); Krnjak, Sanjana: PER SE VERSUS RULE OF REASON: ECONOMIC ANALYSIS OF US SUPREME COURT PREDATORY PRICING CASES

CEU Electronic Theses and Dissertations, 2012
Author Krnjak, Sanjana
Title PER SE VERSUS RULE OF REASON: ECONOMIC ANALYSIS OF US SUPREME COURT PREDATORY PRICING CASES
Summary Predatory pricing is a competition damaging act in which both the prey and customers directly suffer. This paper is looking at rules that are used to judge anticompetitive cases, per se and rule of reason, within the scope of predatory pricing. The main problems are whether the per se rule is better for predatory pricing cases and what the scope of predatory pricing in judicial processes should be, meaning the broadness of behaviors that are looked at as predatory pricing. The basic methods used are cases analysis of US Supreme Court predatory pricing cases and a detailed study of already existing literature, which proved to be more useful in finding answers in this case than the case analysis itself. The main assumptions were that predatory pricing should be per se illegal and that the scope of predatory pricing cases should be wider. Research showed that per se rule really is the better rule for predatory practices, but the scope of per se illegal cases should be kept narrow and have a clearly defined benchmark and exceptions. These implications should be used to form a new act that deals specifically with predation.
Supervisor Professor Tajti Tibor; Professor Torok Adam
Department Economics MA
Full texthttps://www.etd.ceu.edu/2012/krnjak_sanjana.pdf

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