Article:
Richards S. Markovits, The Limits to Simplifying Antitrust: A Reply to Professor Easterbrook, 63 Texas L. Rev. 41 (1984).
 

Abstract:
In this reply to Frank Easterbrook’s article “The Limits of Antitrust”, Richard Markovits expresses agreement with Easterbrok’s belief that federal courts have decided many anti-trust cases incorrectly by failing to understand the competitive impact of the practice at issue. Markovits further concedes that these cases have had negative economic effects. However, unlike Easterbrook he believes that the Sherman and Clayton antitrust acts contain tests that can in fact provide useful guidance for judges, and he argues that Easterbrook’s proposed alternative to these tests would, in the main, produce undesirable results.