Antitrust

3 units

Antitrust teaches the legal principles that are used in an attempt to make the market system work better. The course will focus on monopoly and competition, the role that competition plays in society and the ways in which courts and agencies have applied the antitrust laws to further competitive goals. To put antitrust in perspective, the course will emphasize historical development, economic theories and enforcement trends. The substantive law taught in the course will cover horizontal restraints among competitors, vertical restraints between manufacturers and dealers, monopolization and mergers. Economic principles will be examined in the course under the assumption that the students have not studied economics prior to taking the course. Attendance and preparation are expected. Computers and other electronic devices may not be used in class. There will be a three-hour, closed-book, in-classroom essay examination.