In this comment I focus on Richard Markovits’s definition of monopolization in his new book, Economics and the Interpretation and Application of U.S. and E.U. Antitrust Law (Springer 2014), and also his assertion that monopolization is distributively unjust. I agree wholeheartedly with his approach to defining monopolization, though I might alter a few details. However, I think the distributive justice effects of monopolization are ambiguous.
Keith N. Hylton,
Markovits on Defining Monopolization: A Comment
The Antitrust Bulletin
Available at: https://scholarship.law.bu.edu/faculty_scholarship/2420