Antitrust. A market that is capable of being monopolized — that is, a market in which a firm can raise prices above the competitive level without losing so many sales that the price increase would be unprofitable. • The relevant market includes both the product market and the geographic market. [Cases: Monopolies 12(1.3). C.J.S. Monopolies […]
relevant market 〈美〉有关联的市场；相关市场 依据《谢尔曼法》〔Sherman Act〕起诉被告有垄断的行为或意图时，原告必须指明被告在「有关联的市场」拥有垄断权力，「有关联的市场」指由具有可互换性的产品构成的地区性市场。(→market)
Antitrust. The part of a relevant market that applies to a firm’s particular product by identifying all reasonable substitutes for the product and by determining whether these substitutes limit the firm’s ability to affect prices. [Cases: Monopolies 20(8). C.J.S. Monopolies § 119.]
Antitrust. The part of a relevant market that identifies the regions in which a firm might compete. • If a firm can raise prices or cut production without causing a quick influx of supply to the area from outside sources, that firm is operating in a distinct geographic market. [Cases: Monopolies 20(7). C.J.S. Monopolies §
The effort to monopolize any part of interstate or foreign commerce, consisting in (1) a specific intent to control prices or destroy competition in the relevant market, (2) predatory or anticompetitive conduct, and (3) a “dangerous probability” of success in achieving monopoly in the relevant market.
attempted monopolization Read More »
commercial unit. A unit of goods that by commercial usage is a single whole for purposes of lease and whose division materially impairs its character or value in the relevant market or in use. UCC § 2-105(6). • Under the UCC, “a commercial unit may be a single article (as a machine) or a set
monopolization, n. The act or process of obtaining a monopoly. • In federal antitrust law, monopolization is an offense with two elements: (1) the possession of monopoly power — that is, the power to fix prices and exclude competitors — within the relevant market, and (2) the willful acquisition or maintenance of that power, as