caa a22 4500 469042850 CHVBK 20180323132816.0 cr unu---uuuuu 170328e19920601xx s 000 0 eng 10.1007/BF00158143 doi (NATIONALLICENCE)springer-10.1007/BF00158143 The reverse Cellophane fallacy in market delineation [Elektronische Daten] [Luke Froeb, Gregory Werden] In the landmark Cellophane case, the Supreme Court erroneously concluded that du Pont did not have significant market power because the Court evaluated the elasticity of demand for Cellophane at the monopoly equilibrium, at which the elasticity was far higher than at the competitive equilibrium. The Court's error is commonly referred to as the Cellophane fallacy. This paper contends that there also is a reverse Cellophane fallacy. Markets delineated on the basis of prevailing demand elasticities are likely to be too small and the potential for the exercise of market power is likely to be overstated. Kluwer Academic Publishers, 1992 Market delineation nationallicence antitrust nationallicence Froeb Luke Antitrust Division, U.S. Department of Justice, 555 Fourth Street, N.W., 20530, Washington, D.C., U.S.A. aut Werden Gregory Antitrust Division, U.S. Department of Justice, 555 Fourth Street, N.W., 20530, Washington, D.C., U.S.A. aut Review of Industrial Organization Kluwer Academic Publishers 7/2(1992-06-01), 241-274 0889-938X 7:2<241 1992 7 11151 https://doi.org/10.1007/BF00158143 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF00158143 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Froeb Luke Antitrust Division, U.S. Department of Justice, 555 Fourth Street, N.W., 20530, Washington, D.C., U.S.A aut NATIONALLICENCE 700 1- Werden Gregory Antitrust Division, U.S. Department of Justice, 555 Fourth Street, N.W., 20530, Washington, D.C., U.S.A aut NATIONALLICENCE 773 0- Review of Industrial Organization Kluwer Academic Publishers 7/2(1992-06-01), 241-274 0889-938X 7:2<241 1992 7 11151 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer