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Robert C. Marshall presents at FTC/DOJ hearing on single-firm conduct and Section 2 of the Sherman Act

  • Washington, DC

September 26, 2006

Dr. Robert C. Marshall, Bates White Partner and Head of the Department of Economics at The Pennsylvania State University, spoke at a joint public hearing, “Understanding Single Firm Behavior: Empirical Perspectives,” conducted by the Federal Trade Commission and The Department of Justice. This hearing, the fifth in a series on the topic of single-firm conduct and U.S. antitrust laws, was held on September 26, 2006, at the FTC Conference Center in Washington, DC.

Dr. Marshall’s talk, “Illuminating Section 2 Through Cartels,” examined monopolization through cartel conduct, explained Porter’s “five forces” that determine profit, and examined Sections 1 and 2 of the Sherman Act through the lens of those “five forces.” He also presented examples of monopolization behavior from four recent cases.

Dr. Marshall has published extensively in mergers and antitrust literature. He is Co-director of the Center for the Study of Auctions, Procurements, and Competition Policy, an organization within the Department of Economics at The Pennsylvania State University.