Critical Thinking about “Critical Loss” in Antitrust

Name: Work Video:
Duration: 3 min 30 s
Description: The critical loss test proposed by Barry Harris and Joseph Simons has become popular in helping define U.S. antitrust markets. The test commonly leads to large, inclusive markets. We show that it is problematic, for several reasons.
Kenneth L. Danger; H. E. Frech
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