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The F.T.C., Oligopoly, and Shared Monopoly

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  • Scherer, F. M.

    (Harvard University)

Abstract

This paper, written for a centennial commemoration of the founding of the U.S. Federal Trade Commission, reviews the history of two major cases tackling one of the most difficult problems in U.S. antitrust jurisprudence: the tetracycline case of the 1950s and 1960s and the suit against four (eventually three) breakfast cereal manufacturers in the 1970s.

Suggested Citation

  • Scherer, F. M., 2013. "The F.T.C., Oligopoly, and Shared Monopoly," Working Paper Series rwp13-031, Harvard University, John F. Kennedy School of Government.
    • Handle: RePEc:ecl:harjfk:rwp13-031
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    File URL: https://research.hks.harvard.edu/publications/workingpapers/citation.aspx?PubId=9101&type=WPN
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    References listed on IDEAS

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    1. Scherer, F.M., 2010. "Pharmaceutical Innovation," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 539-574, Elsevier.
    2. Richard Schmalensee, 1978. "Entry Deterrence in the Ready-to-Eat Breakfast Cereal Industry," Bell Journal of Economics, The RAND Corporation, vol. 9(2), pages 305-327, Autumn.
    3. Thomas R. Stauffer, 1971. "The Measurement of Corporate Rates of Return: A Generalized Formulation," Bell Journal of Economics, The RAND Corporation, vol. 2(2), pages 434-469, Autumn.
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