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This is simply not to suggest one to monetary studies run out of worth having the economic investigation out-of race

This is simply not to suggest one to monetary studies run out of worth having the economic investigation out-of race

72. Look for essentially Baker Bresnahan, supra mention thirty six, in the 5 (noting that complications with accounting payouts otherwise draw-ups strategy “loom[s] so large you to definitely antitrust today does not count heavily on earnings tips to make inferences throughout the industry strength”); Richard Schmalensee, Other Examine Market Stamina, 95 Harv. L. Rev. 1789, 1805 (1982) (discussing “significant difficulties with playing with earnings to judge sector stamina”).

P. Lerner, The idea of Monopoly and the Dimension off Monopoly Strength, step 1 Rev

74. Get a hold of essentially George J. Benston, Bookkeeping Amounts and Financial Opinions, 27 Antitrust Bull. 161, 162­66 (1982); Franklin Meters. Fisher John J. McGowan, On the Abuse of Accounting Costs of Return to Infer Dominance Winnings, 73 Am. Econ. Rev. 82, 82­84 (1983) (detailing you to practical accounting services from investment and you may depreciation was incorrect having deciding a great company’s monetary speed regarding come back).

76. Look for fundamentally Bailey v. Allgas, Inc., 284 F.three-dimensional 1237, 1252­55 (11th Cir. 2002); Areeda et al., supra note step 1, ¶ 516f; Margaret Sanderson Ralph A good. Wintertime, “Profits” In place of “Rents” within the Antitrust Analysis: A loan application to the Canadian Spend Properties Merger, 70 Antitrust L.J. 485, 510­eleven (2002).