Andrew Chin Andrew Chin

Andrew Chin


Warm-Up Questions


January 23, 2018

Antitrust Law

1. What is the "one monopoly profit" theory? How has it played out in the Chicago School's thinking about antitrust law?

2. What is the legal definition of monopoly power?

3. What is cross-elasticity of demand? How does it play a role  in the definition of product markets?

4. When might it be possible for a monopolist to engage in price discrimination against a particular group of end users?

Andrew Chin   Andrew Chin