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When I blogged recently about a British lawyer’s proposal to make “predatory technology” into a “viable antitrust concept,” I didn’t realize how many prior attempts have been made in American courts and regulatory agencies to do just that.
The British lawyer who blogged about “predatory technology” becoming a “viable antitrust concept” has found support for the doctrine in a recent ruling by the French Competition Authority.
Michael Bromwich has issued his first report. Bromwich is the antitrust monitor empowered by a federal court to “reform” Apple Inc.’s corporate culture from within. Be afraid . . . be very afraid.
Once again, some of America’s most admired and innovative companies — in this case Apple, Google, Intel, Adobe, Intuit, Pixar, and LucasFilm — have fallen victim to an antitrust shakedown.
One of antitrust law’s most notorious features is its unpredictability. For example, two large companies that desire to merge their operations cannot know in advance whether their plan is lawful.
When I speak to audiences about the evils of antitrust, people are sometimes startled to learn that executives are serving time behind bars for violating the Sherman Act of 1890 and other antitrust statutes.
Ready for another lesson in how antitrust law penalizes America’s best companies for their excellence? Consider the private antitrust suits recently filed against Keurig Green Mountain, the company that invented the popular “K-cup” single-serve coffee pods.