Review of Industrial Organization 21: 335, 2002. © 2002 Kluwer Academic Publishers. Printed in the Netherlands. In the past two to three decades the inﬂuence of economics and economists on antitrust and regulatory policy has grown enormously. The issues and analyses continue to become more sophisticated. The antitrust and regulatory agencies have become an important source of critical thinking about topics in industrial organization. In recognition of these developments, the Review of Industrial Organization is instituting a new feature – “Antitrust and Regulatory Update” – which the Editor has asked me to organize and edit. Each year the Chief Economists of the Antitrust Division of the U.S. Department of Justice (DOJ), the Federal Trade Commission (FTC), and the Federal Communications Commission (FCC) will be invited to write essays reviewing the major antitrust/regulatory/microeconomics issues that their agency has dealt with over the past year. This year we asked the current occupants of these positions – Michael Katz (DOJ), David Scheffman (FTC), and David Sappington (FCC) – on relatively short notice, to write those essays. All three graciously agreed to do so. The following three articles (two with co-authors) represent their descriptions and assessments of their agency’s activities. We believe that
Review of Industrial Organization – Springer Journals
Published: Oct 13, 2004
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