7 - Announcement Economics 121B Industrial Organization...

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1 Economics 121B Industrial Organization Fall 2009 Joonsuk Lee epflee@ucdavis.edu Week 7: Monopolization 2 Announcement ! Problem Set 4 is available at the course website ! Due: November 16, Monday ! Practice Midterm 2 is also available ! Midterm Exam 2: November 20, Friday at 9:00 am ! Reading ! Monday: pp. 257-260, 264-275, 280-288 ! (Wednesday: No class) ! Friday: pp. 293-309, 316-321, 332-349 3 Week 7 ! Vertical Restraints (from Week 6 slides) ! Exclusive Dealing ! Tying ! Manufacturer-Retailer Restraints ! Monopolization ! Establishing Monopolization Claims ! Development of Antitrust Case Law ! Predatory Pricing ! Price Discrimination ! Microsoft case (2001) 4 Dominant firms and Monopolization ! Examples: Standard Oil , U.S. Steel , Alcoa , IBM , Intel , Kodak , Boeing , Xerox , Campbell Soup , Gillette , Microsoft etc. ! Section 2 of the Sherman Act Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several states, or with foreign nations, shall be deemed guilty of a felony.
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5 Monopolization and Antitrust ! Challenge: how to distinguish dominance by superior
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This note was uploaded on 05/15/2010 for the course ECN 60112 taught by Professor Janinewilson during the Fall '10 term at UC Davis.

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7 - Announcement Economics 121B Industrial Organization...

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