Steven C. Salop
Professor of Economics and Law
B.A., University of Pennsylvania; M.Phil., Ph.D., Yale
Areas of Expertise:
Antitrust & Trade Regulation, Law and Economics
Professor Salop teaches courses in Antitrust Law, Economic Reasoning and the Law, and conducts a Faculty Workshop in Law and Economics. His recent writings include...
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Professor Salop teaches courses in Antitrust Law, Economic Reasoning and the Law, and conducts a Faculty Workshop in Law and Economics. His recent writings include several articles in the Antitrust Law Journal that focus on exclusionary conduct, including an article on the overarching antitrust standard for exclusionary conduct, an article on exclusionary conduct by buyers and an article on the antitrust standard for refusals to deal and price squeezes. Professor Salop has other articles on the consumer welfare standard, the raising rivals' cost conduct, and the first principles approach to antitrust . His research focuses on antitrust law and economics and economic analysis of industrial competition and imperfect information. Before joining the Law Center faculty in 1981, he served as Associate Director for Special Projects with the Bureau of Economics of the FTC, as an adjunct professor of economics at the University of Pennsylvania, where he received his B.A. in 1968, and as an economist with the Civil Aeronautics Board and Federal Reserve Board. He is a member of the American Economic Association and the Econometric Society. He has been an associate editor of the Journal of Economic Perspectives, The International Journal of Industrial Organization and the Journal of Industrial Economics.
Recent Scholarship
Forthcoming Works and Works in Progress
- Steven C. Salop, What Consensus? Ideology, Politics and Elections Still Matter, (working paper). [SSRN] [Gtown Law]
Contributions to Law Reviews and Other Scholarly Journals
- Steven C. Salop, Merger Settlement and Enforcement Policy for Optimal Deterrence and Maximum Welfare, 81 Fordham L. Rev. 2647-2681 (2013). [L] [W] [SSRN] [Gtown Law] [WWW]
- Steven C. Salop, Question: What is the Real and Proper Antitrust Welfare Standard? Answer: The True Consumer Welfare Standard, 22 Loy. Consumer L. Rev. 336-353 (2010). [L] [W]
- Steven C. Salop, Refusals to Deal and Price Squeezes by an Unregulated, Vertically Integrated Monopolist, 76 Antitrust L.J. 709-740 (2010). [L] [W]
Book Chapters and Collected Works
- Steven C. Salop, Economic Analysis of Exclusionary Vertical Conduct: Where Chicago Has Overshot the Mark, in How the Chicago School Overshot the Mark 141-155 (Robert Pitofsky ed., Oxford: Oxford University Press 2008). [BOOK]
All Scholarship 2000 - Present
Forthcoming Works and Works in Progress
- Steven C. Salop, What Consensus? Ideology, Politics and Elections Still Matter, (working paper). [SSRN] [Gtown Law]
Contributions to Law Reviews and Other Scholarly Journals
- Steven C. Salop, Merger Settlement and Enforcement Policy for Optimal Deterrence and Maximum Welfare, 81 Fordham L. Rev. 2647-2681 (2013). [L] [W] [SSRN] [Gtown Law] [WWW]
- Steven C. Salop, Question: What is the Real and Proper Antitrust Welfare Standard? Answer: The True Consumer Welfare Standard, 22 Loy. Consumer L. Rev. 336-353 (2010). [L] [W]
- Steven C. Salop, Refusals to Deal and Price Squeezes by an Unregulated, Vertically Integrated Monopolist, 76 Antitrust L.J. 709-740 (2010). [L] [W]
- Steven C. Salop, Exclusionary Conduct, Effect on Consumers, and the Flawed Profit-Sacrifice Standard, 73 Antitrust L.J. 311-374 (2006). [HEIN] [L] [W] [SSRN] [Gtown Law]
- Steven C. Salop, Anticompetitive Overbuying by Power Buyers, 72 Antitrust L.J. 669-715 (2005). [HEIN] [L] [W] [SSRN] [Gtown Law]
- Steven C. Salop & Daniel P. O'Brien, The Competitive Effects of Passive Minority Equity Interests: Reply, 69 Antitrust L.J. 611-625 (2001). [HEIN] [L] [W] [Gtown Law]
- Steven C. Salop, Robert J. Levinson & R. Craig Romaine, The Flawed Fragmentation Critique of Structural Remedies in the Microsoft Case, 46 Antitrust Bull. 135-162 (2001). [HEIN] [SSRN]
- Steven C. Salop & Jonathan B. Baker, Should Concentration be Dropped from the Merger Guidelines?, 33 UWLA L. Rev. 3-16 (2001). [L] [W]
- Steven C. Salop & Daniel P. O'Brien, Competitive Effects of Partial Ownership: Financial Interest and Corporate Control, 67 Antitrust L.J. 559-614 (2000). [HEIN] [L] [W] [SSRN] [Gtown Law]
- Steven C. Salop, The First Principles Approach to Antitrust, Kodak, and Antitrust at the Millenium, 68 Antitrust L.J. 187-202 (2000). [HEIN] [L] [W] [SSRN] [Gtown Law]
Book Chapters and Collected Works
- Steven C. Salop, Economic Analysis of Exclusionary Vertical Conduct: Where Chicago Has Overshot the Mark, in How the Chicago School Overshot the Mark 141-155 (Robert Pitofsky ed., Oxford: Oxford University Press 2008). [BOOK]
- Steven C. Salop, The Controversy Over the Proper Antitrust Standard for Anticompetitive Exclusionary Conduct, in 2006 Fordham Competition L. Inst. 477-508 .
- Steven C. Salop & Serge Moresi, A Few Righteous Men: Imperfect Information, Quit-for-Tat, and Critical Mass in the Dynamics of Cooperation, in Economics for an Imperfect World: Essays in Honor of Joseph E. Stiglitz 183-194 (Richard Arnott, Bruce Greenwald, Ravi Kanbur & Barry Nalebuff eds., Cambridge, Mass.: MIT Press 2003). [SSRN]
- Steven C. Salop, Howard Beales & Richard Craswell, The Efficient Regulation of Consumer Information, in Regulation, Economics and the Law 160-208 (Anthony I. Ogus ed., Northampton, Mass.: Edward Elgar 2001). [BOOK]
Selected Contributions to Other Publications
- Steven C. Salop & Fiona Scott Morton, Developing an Administrable MFN Enforcement Policy, Antitrust, Spring 2013, at 15-19. [L] [W]
- Steven C. Salop, Serge X. Moresi & John R. Woodbury, Implementing the Hypothetical Monopolist SSNIP Test with Multi-Product Firms, Antitrust Source, Feb. 2008, at 1-8. [WWW]
View all scholarship
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Curriculum Vitae:
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Email:
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Address:
600 New Jersey Avenue N.W.
Washington, DC 20001 -
Office Location:
McDonough 586
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Assistant:
Dianne McDonald
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Phone:
202-662-9095
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Office Hours:
<p>Monday/Wednesday 3:30-4:30 or by appointment. </p><p>You may email me at salop@law.georgetown.edu</p><p> </p>
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