Re-Assessing the Chicago School of Antitrust Law

Add to Calendar 2019-05-10 09:00:00 2019-05-11 12:30:00 Re-Assessing the Chicago School of Antitrust Law Event details: - University of Chicago Law School America/Chicago public
Room V
1111 East 60th Street, Chicago, Illinois 60637
Open to the public
Presenting student organizations: Law Review

Scholars associated with the Chicago School in the 1970s and 1980s advanced a series of arguments that persuaded both courts and regulators that taking a more restrained approach to applying antitrust law would increase efficiency and welfare. In recent years, a renaissance in antitrust thinking has been underway. Scholars are challenging the validity of many of the presumptions upon which the Chicago School’s ideas were based. Moreover, writers in academic and policy circles argue that lax antitrust enforcement—justified by ideas developed as part of the Chicago School—has contributed to current and looming economic problems. This year’s symposium will feature research re-assessing the validity of the Chicago School’s assumptions about competition and consider whether a more aggressive approach to antitrust enforcement is now warranted.


José Azar

IESE Business School

Anu Bradford

Columbia Law School

Kevin Bryan

University of Toronto Rotman School of Management

Adam S. Chilton

University of Chicago Law School

Rohit Chopra

Federal Trade Commission

Honorable Frank H. Easterbrook

US Court of Appeals & University of Chicago

Hiba Hafiz

Boston College Law School

Erik Hovenkamp

Harvard Law School

Ariel Katz

University of Toronto, Faculty of Law

Lina Khan

Columbia Law School

William E. Kovacic

George Washington University Law School

Filippo Maria Lancieri

University of Chicago Law School

Timothy J. Muris

Antonin Scalia Law School, George Mason University

Jonathan E. Nuechterlein

Sidley Austin LLP

Randal C. Picker

University of Chicago Law School

Natasha Sarin

University of Pennsylvania Law School

Marshall Steinbaum

University of Utah Department of Economics

Maurice Stucke

University of Tennessee College of Law

Schedule of Events

Friday, May 10

8:30 a.m.


9:00 a.m.
Opening Remarks
Dean Thomas J. Miles

9:15 a.m. – 10:00 a.m.
Presentation #1:
The Chicago Obsession in the Interpretation of U.S. Antitrust History
William E. Kovacic

10:00 a.m. – 10:45 a.m.
Presentation #2: Labor Antitrust’s Paradox
Hiba Hafiz

10:45 a.m. – 11:00 a.m.

11:00 a.m. – 11:45 a.m.
Presentation #3: The Common Ownership Trilemma
José Azar

11:45 a.m. – 12:30 p.m.
Presentation #4: The Effective Competition Standard:
A New Standard for Antitrust

Marshall Steinbaum & Maurice E. Stucke

12:30 – 1:30 - Lunch

1:30 p.m. – 2:15 p.m.
Presentation #5: Predictable, Efficient, and Participatory:
The Case for Unfair Methods of Competition Rulemaking

Rohit Chopra & Lina Khan

2:15  p.m. – 3:00 p.m.
Presentation #6: Chicago and Its Discontents
Timothy J. Muris & Jonathan E. Nuechterlein

3:00 p.m. – 3:15 p.m.

3:15 p.m. – 4:00 p.m.
Presentation #7: What’s in Your Wallet (and What Should the Law
Do About It?)

Natasha Sarin

4:00 p.m. – 4:45 p.m.
Presentation #8:
The (Limited) International Influence of the Chicago School of Antitrust Analysis
Adam S. Chilton & Filippo Maria Lancieri (with Anu Bradford) 

Saturday, May 11

8:30 a.m.

9:00 a.m. – 9:45 a.m.
Presentation #9:
The Arc of Monopoly: A Case Study in Computing
Randal C. Picker

9:45 a.m. – 10:30 a.m.
Presentation #10: Startup Acquisitions, Error Costs, and Antitrust Policy
Erik Hovenkamp (with Kevin Bryan)

10:30 a.m. – 10:45 a.m.

10:45 a.m. – 11:30 a.m.
Presentation #11: The Chicago School and the Forgotten Political Underpinning of Antitrust Law
Ariel Katz