Journal of Economic Perspectives: Vol. 21 No. 3 (Summer 2007)


Quick Tools:

Print Article Summary
Export Citation
Sign up for Email Alerts Follow us on Twitter


JEP - All Issues

Does Antitrust Need to be Modernized?

Article Citation

Carlton, DennisW. 2007. "Does Antitrust Need to be Modernized?" Journal of Economic Perspectives, 21(3): 155-176.

DOI: 10.1257/jep.21.3.155


Economics has had an enormous positive effect on the evolution of antitrust policy over the last 30 years or so. However, the evolving forces of technology and globalization, together with experience gained over time, suggest that further modernization is in order. This paper addresses a number of controversial antitrust doctrines that need fixing, or at least some modernizing. Specifically, I analyze market definition; the interaction of intellectual property and antitrust law; certain types of exclusionary conduct (tying and bundling discounts); and procedural issues involving economic matters such as damage multiples, the right to sue, and laws of contribution. I am currently Deputy Assistant Attorney General for Economic Analysis in the Antitrust Division of the U.S. Department of Justice and have served as a Commissioner on the Congress-appointed Antitrust Modernization Commission (AMC). While I've drawn on these experiences in forming my opinions, the views expressed here are my own and do not necessarily reflect those of the AMC or those of the Department of Justice.

Article Full-Text Access

Full-text Article (Complimentary)


Carlton, Dennis W.


View Comments on This Article (0) | Login to post a comment

Journal of Economic Perspectives

Quick Tools:

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)


JEP - All Issues

Virtual Field Journals

AEA Member Login:

AEAweb | AEA Journals | Contact Us