Rosenberg Slides - American Antitrust Institute

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B. Deterrence Priority1. Optimal Deterrence: Maximize Deterrence Benefits byMinimizing Sum of Enforcement Costs (e.g., transaction costs + neterror costs) t)2. Prevent Rather Than Compensate Illegal Harm: MaximizesSocial Welfare If <strong>Antitrust</strong> Violation would Impose Expected SocialCost > Expected Private (Social) Benefit5

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International Antitrust and the Doha Dome

II. Back to Basics of DeterrenceA. Deterrence Function of <strong>Antitrust</strong> Class Action1. Enhance Scale Economiesa. Lower Litigation ii i Costb. Increase Litigation Quality2. Correct Asymmetry in Litigation Power3. Maximize Law Enforcement Efficiencies4

Page 1 and 2: Recent Challenges to Antitrust Clas
Page 3: C. Current Solution: Generalized-Ac
Page 7 and 8: d. Example:1) Assume: Firm violates
Page 9 and 10: SCS: If one claim is randomly selec
Page 11 and 12: ACS alternative, random selection a
Page 13: 3. Assuming Consumers are Risk Neut

Rosenberg Slides - American Antitrust Institute

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