On the meaning of horizontal agreements in competition law
By: Louis Kaplow
Contributors: John M. Olin Center for Law, Economics, and Business
Series: Discussion paper -- no. 691; Discussion paper (John M. Olin Center for Law, Economics, and Business : Online) -- no. 691.
Publisher: Harvard Law School
Published: 2011
Place of publication: Cambridge, MA
Language: eng
Format: [electronic resource] /
Subjects: Unfair Competition; Price fixing
Description: "Abstract: Competition law's prohibition on price fixing and related horizontal agreements is one of its few uncontroversial provisions and is understood to be well grounded in economic principles that are taken to provide the foundation for competition policy.  Upon examination, however, commonly offered views of the law's conception of agreement prove to be difficult to articulate in an operational manner, at odds with key aspects of legal doctrine and practice, and unrelated to core elements of modern oligopoly theory.  This Article explores these and other features of the agreement requirement and suggests the need for a wholesale revision of how competitionlaw should approach the oligopoly problem"--John M. Olin Center for Law, Economics, and Business web site.
Notes: Title from PDF file as viewed on 5/19/2011.

Includes bibliographical references.

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Mode of access: World Wide Web.