Abstract
A LTHOUGH United States v. United Shoe Machinery Corporation ranks among the most famous of antitrust cases, the economic principles involved in the dispute have remained obscure.' The most prominent economic issues have been (i) the role of leasing as a solution to the durablegoods-monopoly problem and (ii) the exclusionary potential of specific lease provisions. Of these, the durable-goods-monopoly rationale appears to have gained the greater acceptance among economists-an occurrence due in no small part to Chicago School arguments that challenged the logic of anticompetitive exclusion.2
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.