Abstract

These are lecture slides to accompany a virtual lecture (https://www.youtube.com/watch?v=S8RG50O1Vcw) that Avishalom Tor, professor and director of the Research Program on Law and Market Behavior at Notre Dame Law School, delivered to lawyers and economists of the Department of Justice’s antitrust division in Washington D.C. and throughout the country in the summer of 2020. The lecture provides a systematic review of the lessons empirical behavioral findings offer to antitrust law, enforcement, and policy. Professor Tor introduces key findings of behavioral antitrust and explores their implications for doctrine and enforcement across the field, in areas ranging from horizontal restraints, through market power and monopolization, to vertical restraints and merger policy. The lecture concludes by discussing how behavioral antitrust challenges the very foundations of antitrust law, followed by a Q&A session with the participants.

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