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Washington and Lee Law Review Online

Abstract

Traditionally, courts and practitioners assert that the antitrust laws are simply about protecting competition, not competitors. In essence, these parties perceive competition to be inherently desirable, rather than recognizing that it can be beneficial or harmful depending on its intensity and scope. As a result of this mistaken belief, courts hold that certain conduct is legal under the antitrust laws simply because they determine it to be procompetitive, while conduct deemed anticompetitive is condemned. Courts seldom provide definitive boundaries to this pro-competition trope and instead assert it as if it were a well-established truism and universal societal good.

Without details regarding what specific kind of competition the antitrust laws should promote or condemn, confusing situations arise, such as when a firm purposefully deceives its competitors to obtain a monopoly, but its actions are not seen as rising to the level of an antitrust violation. The confusion is exacerbated when the courts treat conduct that appears fundamentally unfair as procompetitive, or even hypercompetitive, therefore allowing it. Using fairness as a foundational principle would curtail much of the uncertainty that is currently infused into the antitrust jurisprudence.

In this Article, we describe how sports provide a solid, though admittedly incomplete, reference point to refine and conceptualize the contours of the antitrust law’s intrinsic notions of fairness. For too long, the lack of a definitive definition of competition has plagued antitrust law. A more detailed definition of what constitutes fair competition would help antitrust enforcers and judges determine which competitive strategies and tactics should be prohibited or encouraged under the antitrust laws. With a more precise definition, the goals and purpose of the antitrust laws would become much more explicit, ultimately structuring the economy in the way Congress desired.

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