The Understanding Series titles are treatises on a specific area of law. They provide an in-depth discussion of the area of law and could be called paperback hornbooks. This comprehensive text provides a rich and balanced presentation of the legislative debates and the evolution and economic underpinnings of antitrust law. It discusses current developments and identifies the trends and competing points of view which are likely to dictate the future direction of antitrust law. It includes coverage of such recent developments as tougher Supreme Court standards for plaintiffs relying on a theory of predatory pricing, rules governing vertical price fixing, and the additional hurdles for private parties attempting to enforce the Robinson-Patman Act. Recent decisions concerning the threshold issue of summary judgment, antitrust standing, and antitrust injury are discussed. Additional features include numerous graphic illustrations, an Appendix of selected antitrust statutes, and a chart facilitating the use of this text with nine leading Antitrust casebooks.