This is not to indicate one monetary data use up all your well worth to own the economical research away from battle
72. Come across generally Baker Bresnahan, supra mention 36, at 5 (detailing you to difficulties with bookkeeping profits or mark-ups methodology “loom[s] very higher you to antitrust today doesn’t rely greatly towards the profitability tips for making inferences in the field fuel”); Richard Schmalensee, Some other Check Business Electricity, 95 Harv. L. Rev. 1789, 1805 (1982) (revealing “really serious complications with using earnings to gauge business power”).
P. Lerner, The thought of Monopoly additionally the Dimensions regarding Dominance Strength, step one Rev
74. See basically George J. Benston, Bookkeeping Wide variety and you can Economic Philosophy, twenty-seven Antitrust Bull. 161, 16266 (1982); Franklin Meters. Fisher John J. McGowan, Into the Punishment regarding Accounting Cost out-of Come back to Infer Monopoly Payouts, 73 Was. Econ. Rev. 82, 8284 (1983) (detailing you to definitely standard bookkeeping providers off investment and you can depreciation is actually incorrect having deciding a company’s economic speed out of go back). Continue Reading →