In February, 1975, Philip Areeda and Donald F. Turner published a paper in the Harvard Law Review making the case that a prerequisite for antitrust action against claims of predatory pricing should be a showing of a price below some appropriate measure of unit cost. This Areeda-Turner Rule has become the standard against which approaches to antitrust and competition policy treatment of claims of predation are compared. A Special Issue of The Review of Industrial Organization will be devoted to the Areeda-Turner Rule, on its 40th anniversary. During the one-day workshop the contributions to the Special Issue will be presented and discussed. Anyone interested is welcome to attend.
The special issue will consist of 6 contributed articles plus an introduction by the editors (Hinloopen and Martin).
Please find registration form below.
Workshop Program (presenters in bold):
09.30 – 10.20: Registration and coffee
10.20 – 10.30: Welcome (Steve Martin)
10.30 – 11.15:
William S. Comanor and Harry E. Frech III, “Economic rationality and the Areeda-Turner rule”
Discussed by Sander Onderstal
11.15 – 12.00:
Stefan Behringer and Lapo Filistrucchi, “Areeda-Turner in two-sided markets”
Discussed by Stephen Martin
12.00 – 13.30: Lunch
13.30 – 14.00:
Discussion of ‘Herbert Hovenkamp, “The Areeda-Turner test for exclusionary pricing: a critical journal’ by Jeroen Hinloopen
14.00 – 14.45:
Stephen Martin, “Areeda-Turner and the Treatment of Exclusionary Pricing under U.S. Antitrust and EU Competition Policy.”
Discussed by Jeroen Hinloopen
14.45 – 15.30:
Deirdre L. Hay and George A. Hay, “Areeda-Turner “Down Under”: Predatory Pricing in Australia before and after Boral”
Discussed by Stephen Martin
15.30 – 15.40: Closing
19.00: Dinner
For more information please contact Jeroen Hinloopen.
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