This book is an effort to consolidate several different perspectives on antitrust law. First, Professor Hylton presents a detailed description of the law as it has developed through numerous judicial opinions. Second, the author presents detailed economic critiques of the judicial opinions, drawing heavily on the literature in law and economics journals. Third, Professor Hylton integrates a jurisprudential perspective into the analysis that looks at antitrust as a vibrant field of common law. This last perspective leads the author to address issues of certainty, stability, and predictability in antitrust law, and to examine the pressures shaping its evolution. The combination of these three perspectives offers something new to every student of antitrust law. Specific topics covered include perfect competition versus monopoly, enforcement, cartels, section 1 doctrine, rule of reason, agreement, boycott, power, vertical restraints, tying and exclusive dealing, horizontal mergers, and conglomerates.

‘… this book is, quite simply, the best I have ever encountered to deal with US law. It is, in a nutshell, superb, and I wish it had been published six months ago.’

Source: European Competition Law Review

‘This book is the single best one-volume discussion of modern antitrust law available. It is encyclopaedic in coverage, but deeper than a treatise because it is informed at every step with the best and most systematic of current economic and legal analysis. If you want to learn (or to learn more) about modern antitrust law, read this book.’

George Priest - Yale Law School

‘An excellent treatment of antitrust law. It should appeal to audiences in economics as well as law. The economic analysis will enable lawyers to understand and address all of the policy options, and to be able to analyze antitrust issues more completely and more persuasively. Keith Hylton is a well-known and respected scholar in this field.’

Joel P. Trachtman - Fletcher School of Law and Diplomacy, Tufts University

‘Hylton’s text provides an excellent account of antitrust and common law evolution. He extracts the essence of the landmark antitrust decisions to demonstrate their legal evolution in a very efficient way. His use of economics is not only appropriate to the subject matter; it is also appropriate for student readership in law and economics. The writing is clear and concise.’

Roger D. Blair - University of Florida