Section 2 Symposium: Bruce Kobayashi on Predatory Pricing and the Relevant Measure of Cost

Bruce H. Kobayashi May 6, 2009

Truth on the Market View Original Source

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Dimming the Court’s Brooke Group Bright Line Administrable Rule?

As noted in my earlier post, the Supreme Court’s Brooke Group rule is held out as the primary example of an administrable bright line rule aimed at controlling the costs of type I error. In practice, the Brooke Group above cost rule is not as bright as one might wish. The Achilles heel of the Brooke Group cost based rule is the failure to clarify what the relevant cost is.

Read the full piece here.