Post Overview: Market Power’s Role Market power is the cornerstone of almost every significant antitrust case. It is the core concept that competition law aims to limit and regulate, ensuring a fair, competitive landscape for businesses and consumers alike. Key Concept Core Definition Market Power The ability of a firm to profitably charge prices above […]
Meta Description: Why Market Power Matters Understanding market power is fundamental to U.S. antitrust law, forming the essential element in cases involving monopolization, mergers, and anticompetitive restraints. This professional guide explores the legal definition of market power, the methodologies used by regulatory bodies like the Department of Justice and the FTC—including the crucial Herfindahl-Hirschman Index
Meta Description Understand the concept of market power, the core foundation of all US antitrust enforcement. Learn how this power is defined, the critical two-part test for proving it—involving relevant market and market share—and its essential role in monopolization cases under the Sherman Act. Introduction: The Core of Competition Law Antitrust law, often referred to