Healthcare Antitrust, Settlements, and the Federal Trade Commission
James Langenfeld, Edwin Galeano, James Langenfeld, Edwin Galeano
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Healthcare Antitrust, Settlements, and the Federal Trade Commission
James Langenfeld, Edwin Galeano, James Langenfeld, Edwin Galeano
Ăber dieses Buch
This volume of Research in Law and Economics contains articles that address important legal and economic developments in the areas of healthcare, intellectual property and labor settlements, competitive effects, cartel overcharges, and the U.S. Federal Trade Commission ("FTC"). Four of the articles were initially presented at a conference on healthcare competition in Washington, D.C., which was sponsored by the American Antitrust Institute, this journal, and Navigant Economics. These articles explore practices that are under challenge in pharmaceuticals, where the Federal Trade Commission has been extremely active, as well as issues involving hospital and health insurance mergers. They are followed by a long and detailed discussion of the current and historic role of economists and economic analysis at the Federal Trade Commission. The next two articles analyze different aspects of the French economy, pre-trial labor settlements and the impact of e-commerce on franchisees. The volume ends with three technical economics articles â one on "upward pricing pressure", one on estimating price increases in cartel cases, and one critiquing a "meta-analysis" of research on the effectiveness of U.S. merger regulation. Taken together, these articles raise questions about appropriate competition policy, how to evaluate settlements and other firm behavior, and where economics and competition policy are headed.
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A HISTORY OF THE FTCâS BUREAU OF ECONOMICS*
ABSTRACT
Table of Contents
- Preface and Acknowledgements 145
- Ch. I The Beginnings of the FTC and the Bureau of Economics 148
- Ch. II General Investigations, Economic Report Writing, & Research at the FTC 150
- The General Investigation Period: Growth (1915-40) and Decline (1940-60) 150
- Resurgence and Occasional Declines of Economic Reporting (1965-2012) 154
- Competition Studies 155
- Consumer Protection Studies 158
- Studies of Regulation and International Trade Restraints 160
- Bureau of Economics Working Papers (1977-2013) 161
- Bureau of Economics Conferences and Roundtables 162
- Reasons for the 1990s Decline in Economic Reporting 164
- Use of Compulsory Process for General Investigations and Report Writing 165
- Economic Support for Reports by the FTC Legal Organizations 167
- Ch. III The Rise and Fall of Systematic Data Collection and Reporting of Financial Statistics 1939-1984 168
- Ch. IV The Role of Economists in Antitrust at the FTC 172
- Industry-wide Antitrust (Shared Monopoly and More) 176
- Horizontal Merger Guidelines 1967â2010 178
- Merger Investigations 180
- Narrow Markets 181
- Empirical Analysis Takes Off 182
- The Litigation Onslaught of Summer 2007 183
- The Pace Slows and Activity Shifts to Non-Merger Areas 185
- Vertical Restraints and Mergers 186
- Influence of Economists on Antitrust Cases 187
- The New Antitrust Transparency, 2001-2013 188
- Expert Witness Work and Litigation Support in Antitrust 189
- Antitrust Case Generation and General Policy Analysis 193
- Antitrust Policy Discussions 194
- Ch. V The Role of Economists in Consumer Protection 194
- Economists and Trade Regulation Rules and Guides 196
- Individual Case Reviews 199
- Influence of Economists in Consumer Protection 203
- Expert Witness Work and Litigation Support in Consumer Protection 205
- Consumer Protection Policy Analysis and Case Generation 207
- Ch. VI The Role of Economists in Competition and Consumer Advocacy 207
- The Substance of the Advocacy Program 208
- Synergy between Research and Advocacy 209
- The Competition Advocacy Process and History 210
- Ch. VII International Technical Assistance and Policy Coordination: Advice to Other Countries (1990-2013) 214
- Ch. VIII Congressional Opprobrium and Other Criticism of the Agency and the Bureau 218
- Criticism of the Agency or the Bureau 219
- Threats to the Bureau from Outside: Congress and the White House 221
- Threats to the Bureau from within the Agency 223
- Ch. IX The Bureau of Economicsâ Independent Voice and Influence on the FTC 225
- Advice to Individual Commissioners 230
- Conclusion 230
- Ch. X A Graphical History of the Economic Division and the Bureau of Economics 1915-2013 231
- Conclusion 235
- References 298
- Appendix A: The Bureau of Economics Organization over Time 310
- Appendix B: Changes in the Bureauâs Staff Mix and Skill Mix 1915 to 2013 318
- Appendix C: Francis Walker: The First FTC Chief Economist 321
- Appendix D: Bureau of Economics Chief Economists, recent FTC Chairmen, and U. S. Presidents 323
- Appendix E: Historical Data Table on BE and FTC 1915â2012 328
- Appendix F: Figures Displaying Changes in BE and the FTC Over the Years 336