CENTER
FOR LEGAL POLICY
AT THE MANHATTAN INSTITUTE
INVITES YOU TO
A LUNCHEON FORUM
THURSDAY, DECEMBER 6, 2007
12:00 PM2:00 PM
UNIVERSITY
CLUB
ONE WEST 54TH STREET AT FIFTH AVENUE
NEW YORK CITY
SPEAKER:
Richard A. Epstein
Visiting Scholar ,
Manhattan Institutes Center for Legal Policy
James Parker Hall Distinguished Service Professor of Law ,
University of Chicago
Peter and Kirstin Bedford Senior Fellow , Hoover Institution
ON:
THE NEW ANTITRUST:
Reexamining Microsoft and Other Consent Decrees
While the antitrust consent decree has gained recent prominence through the federal action against Microsoft, the
consent decree has been a major antitrust enforcement weapon for over a century. In a luncheon lecture concluding
the Center for Legal Policy’s fall series “Law, Litigation, and State Power,” Manhattan Institute visiting scholar
Richard Epstein will examine consent decrees’ use and effectiveness, both historically and analytically.
As he explicated in detail last year in his book Antitrust
Consent Decrees in Theory and Practice: Why Less Is More ,
Professor Epstein is generally a critic of aggressive antitrust
remedies absent a particularized case of wrongful conduct. His
book applied his broader theory in some detail and included an
in-depth look at both the AT&T break-up and the Microsoft consent
decree. His lecture will touch upon these themes as well as more
recent developments, including the renewal of the Microsoft consent
decree.