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首页> 外文期刊>The Antitrust Bulletin >Efficiencies in Antitrust Analysis: A View from the Middle of the Road
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Efficiencies in Antitrust Analysis: A View from the Middle of the Road

机译：反托拉斯分析的效率：从中间角度看

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摘要

While antitrust scholars continue to debate the goals of antitrust law, including the role of efficiencies in antitrust analysis, these discussions typically recognize that antitrust law does and should consider efficiencies, particularly efficiencies that lead to lower consumer prices. This paper provides a review of the "efficiencies debate" and the economics literature that evaluates efficiencies to assess whether the analysis of efficiencies in antitrust cases should be changed significantly. Our review finds that current antitrust law does a reasonable job of balancing the potentially conflicting policy objectives of promoting social efficiencies and protecting consumers from the adverse effects of anticompetitive practices. As a result, we conclude that only modest change in current antitrust policy is appropriate. Specifically, we recommend (as is consistent with some existing policies) that parties asserting an efficiency rationale for their conduct should bear the burden of proof, that a rule of reason analysis should be used, that all efficiencies (not just variable cost savings) should be recognized, and that limited equity issues should be considered. We conclude that antitrust law is not well suited for addressing tangential social policy problems.
机译：尽管反托拉斯学者继续辩论反托拉斯法的目标，包括效率在反托拉斯分析中的作用，但这些讨论通常都承认反托拉斯法确实并且应该考虑效率，尤其是导致消费者价格降低的效率。本文对“效率辩论”进行了回顾，并评估了效率的经济学文献，以评估是否应该对反托拉斯案件中的效率分析进行重大修改。我们的评论发现，当前的反托拉斯法在平衡潜在的相互矛盾的政策目标（提高社会效率和保护消费者免受反竞争做法的不利影响）方面起到了合理的作用。结果，我们得出结论，在当前的反托拉斯政策中只有适度的变化是适当的。具体而言，我们建议（与某些现有政策一致）主张各方对其行为进行效率性论证的各方应承担举证责任，应使用理由分析法，所有效率（而不仅仅是节省成本）承认，并应考虑有限的股权发行。我们得出的结论是，反托拉斯法不太适合解决切向的社会政策问题。

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