June 2008 Volume 7 Issue 5 www.antitrustsource.com
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CURRENT ISSUE

Defending "The Last Man Standing": Trench Lessons from the 2008 Criminal Antitrust Trial, United States v. Swanson

Robert Bunzel and Howard Miller's account of the defense of Gary Swanson is a compelling inside look at a criminal jury trial that followed guilty pleas or amnesty for other alleged co-conspirators. The article traces key trial themes, witness strategies, and the role of jury instructions, which led ultimately to victory.

The Volume of Commerce Enigma

James Mutchnik, Christopher Casamassima, and Brenton Rogers explore the need for transparency and certainty in calculating the "volume of affected commerce" for determining corporate fines under the U.S. Sentencing Guidelines and propose factors that will lead to enhancement or reduction of the calculation.

Implications of Norris on UK-U.S. Extradition and Future UK Cartel Prosecutions

Julian Joshua provides a European perspective on the implications of recent UK-U.S. extraditions and the future of UK cartel enforcement. His look ahead includes an interesting look back at the evolution of the UK common law offense of conspiracy to defraud.

Resale Price Maintenance and the Rule of Reason

Professor Howard Marvel tackles the practical difficulties of establishing the efficiencies of resale price maintenance. The Supreme Court has encouraged the lower courts to differentiate between procompetitive and anticompetitive uses of RPM, but it remains unclear how the economic effects of RPM should be evaluated or a post-Leegin rule of reason structured. Professor Marvel's thoughtful piece is an important step in that direction.

Resale Price Maintenance: Real Life Lessons from a Mock Trial

Michael Lindsay offers a cautionary tale in the wake of Leegin derived from the Mock Trial program at this year's ABA Antitrust Section Spring Meeting, at which an unnamed state challenged an RPM program under a rule of reason -- and won. Mr. Lindsay extrapolates from this window into the mock jury's deliberations to craft useful advice for trial lawyers and antitrust counselors alike.

Paper Trail: Working Papers and Recent Scholarship

Editors Bill Page and John Woodbury review two recent papers by current and former government economists Dennis Carlton and Ken Heyer, and Jonathan Baker. Carlton and Heyer take a cautious policy approach to single-firm conduct; and Baker explains how market concentration can sensibly be used in merger analysis.

NB: FROM THE EDITOR

WELCOME to the June issue of The Antitrust Source.

Criminal antitrust enforcement has taken center stage in recent years. This issue features several articles providing perspectives on criminal antitrust enforcement. In The Last Man Standing, Robert Bunzel and Howard Miller reflect on their successful defense of Gary Swanson in the criminal trial involving the alleged conspiracy to fix prices of Dynamic Random Access Memory (DRAM) computer chips. James Mutchnik, Christopher Casamassima, and Brenton Rogers survey the substantial fines imposed by the U.S. Department of Justice Antitrust Division and consider the appropriateness of the standards used to set fines based on volume of commerce. Recognizing the broader ramifications of domestic criminal antitrust prosecutions, Julian Joshua explores the implications of the denial of extradition of a British executive who faced antitrust charges in United States.

In addition to these features and the Paper Trial, this issue includes two articles focusing on resale price maintenance in the wake of Leegin. Howard Marvel analyzes how the post-Leegin rule of reason might be structured, while Michael Lindsay offers practical insights about how juries might respond to evidence offered to show or rebut a rule of reason violation.

The editorial board of The Source values each of our contributors and continually seeks interesting high-quality submissions. If you are interested in contributing an article or perspective to The Source, we invite you to e-mail us at antitrust@att.net.

Patrick S. Thompson
Editorial Chair

Barbara Bruckmann
Anne M. Rodgers
Issue Editors

Vol. 7 Issue 5