This course covers U.S. antitrust law, which is the law that regulates the process of business competition, and the economic analysis that is relevant to understanding modern antitrust adjudication. Topics include horizontal agreements in restraint of trade, monopolization, vertical exclusionary agreements, vertical distributional restraints, price discrimination, and mergers. Prior economics background is not required because the course will teach you the relevant economics, and students have performed at the very top levels of the class without any prior economics background. Nonetheless, the course does involve a fair bit of economics, so students must be comfortable with that, and students have reported that they felt a prior background in economics is helpful for this class. The course will have weekly small sections led by former antitrust students to help with the economics and material in general.
The book for students who just plan to take this course will be Elhauge, U.S. Antitrust Law and Economics (2d ed. Foundation Press 2011). Students who plan to go on to take Antitrust Law & Economics – International should instead get Elhauge, Global Antitrust Law and Economics (2d ed. Foundation Press 2011), which includes both the U.S. and International portions.