AAI hosts the presentation of the Jerry S. Cohen Award for Antitrust Scholarship at a conference each year. The award is administered by the law firm he founded, Cohen Milstein. The award was created through a trust established in honor of the late Jerry S. Cohen, an outstanding trial lawyer and antitrust writer and given each year to the best antitrust writing during the prior year that is consistent with the following standards established by the Board of Trustees of the Jerry S. Cohen Memorial Fund.

To be considered eligible and selected for the Award, submissions should reflect a concern for principles of economic justice, the dispersal of economic power, the maintenance of effective limitations upon economic power or the federal statutes designed to protect society from various forms of anticompetitive activity. Submissions should reflect an awareness of the human and social impacts of economic institutions upon individuals, small businesses and other institutions necessary to the maintenance of a just and humane society–values and concerns Jerry S. Cohen dedicated his life and work to fostering. Submissions may address substantive, procedural or evidentiary matters that reflect these values and concerns.


Erik Hovenkamp, Gopal Das Varma and Martino De Stefano were selected as winners of the twentieth annual Jerry S. Cohen Award for Antitrust Scholarship. Erik Hovenkamp was selected for his article, “The Antitrust Duty to Deal in the Age of Big Tech,” 131 Yale L.J. 1483 (2022). Gopal Das Varma and Martino De Stefano were selected for their article, “Entry Deterrence, Concentration, and Merger Policy,” 61 Rev. of Indus. Org. 199 (2022).

Category Winners:

Eileen Li, J.D. a 2023 graduate of Columbia Law School, has been selected as the winner of the Jerry S. Cohen Memorial Fund Writing Award – Best Student Antitrust Article of 2022 – for her article Merger Review 2.0: Infusing CFIUS’s “Critical Technologies” Approach Into Antitrust Oversight Of Nascent Tech Acquisitions, 122 Colum. L. Rev. 1691.


Colleen Cunningham, Florian Ederer and Song Ma were selected as winners of the twentieth annual Jerry S. Cohen Memorial Fund Writing Award for their article, “Killer Acquisitions,” 129 J. Pol. Econ. 649 (2021)

Category Winners:

  • Best Antitrust Article of 2021 on Labor Monopsony: Elena Prager and Matt Schmitt for “Employer Consolidation and Wages: Evidence from Hospitals,” 111 Am. Econ. Rev. 397 (2021)
  • Best Antitrust Student Note of 2021: Candice Yandam Riviere for “The Legal Causes of Labor Market Power in the U.S. Agriculture Sector,” 88 U. Chi. L. Rev. 1555 (2021)
  • Best Antitrust Article of 2021 on Monopolization: Michael A. Carrier and Rebecca Tushnet for “An Antitrust Framework for False Advertising,” 106 Iowa L. Rev. 1841 (2021)
  • Best Antitrust Article of 2021 on Common Ownership: Einer Elhauge for “The Causal Mechanisms of Horizontal Shareholding,” 82 Ohio St. L.J. 1 (2021)
  • Best Antitrust Article of 2021 on Vertical Mergers: William P. Rogerson for “The Upstream Pass-Through Rate, Bargaining Power, and the Magnitude of the Raising Rivals’ Costs (RRC) Effect,” 59 Rev. Ind. Org. 205 (2021)
  • Best Antitrust Article of 2021 on Merger Retrospectives: Nathan H. Miller, Gloria Sheu and Matthew C. Weinberg for “Oligopolistic Price Leadership and Mergers: The United States Beer Industry,” 111 Am. Econ. Rev. 3123 (2021)
  • Best Antitrust Article of 2021 on Coordinated Effects: Simon Loertscher and Leslie M. Marx for “Coordinated Effects in Merger Review,” 64 J.L. & Econ. 705 (2021)



C. Scott Hemphill and Tim Wu won for their article, “Nascent Competitors,” 168 U. Pa. L. Rev. 1879 (2020)

Nancy Rose and Jonathan Sallet won for their article, “The Dichotomous Treatment of Efficiencies in Horizontal Mergers: Too Much? Too Little? Getting It Right,” 168 U. Pa. L. Rev. 1941 (2020)

Category Winners:

  • Best Antitrust Article of 2020 on Vertical Agreements: David Gilo and Yaron Yehezkel, “Vertical Collusion,” 51 Rand. J. of Econ. 133 (2020)
  • Best Article of 2020 on Labor Antitrust: Ioana Marinescu and Eric A. Posner, “Why Has Antitrust Law Failed Workers?” 105 Cornell L. Rev. 1343 (2020)
  • Best Antitrust Article of 2020 on Tacit Collusion: Jonathan B. Baker and Joseph Farrell, “Oligopoly Coordination, Economic Analysis, and the Prophylactic Role of Horizontal Merger Enforcement,” 168 U. Pa. L. Rev. 1985 (2020)
  • Best Article of 2020 on Antitrust History: Herbert Hovenkamp and Fiona Scott Morton, “Framing the Chicago School of Antitrust Analysis,” 168 U. Pa. L. Rev. 1843 (2020)
  • Best Article of 2020 on the Rule of Reason: Michael L. Katz and A. Douglas Melamed, “Competition Law as Common Law: American Express and the Evolution of Antitrust ,” 168 U. Pa. L. Rev. 2061 (2020)
  • Best Antitrust Article of 2020 on Cartel Enforcement: Christopher R. Leslie, “The Decline and Fall of Circumstantial Evidence in Antitrust Law,” 69 Am. U. L. Rev. 1713 (2020)
  • Best Antitrust Article of 2020 on Platforms: John B. Kirkwood, “Antitrust and Two- Sided Platforms: The Failure of American Express,” 41 Cardozo L. Rev. 1805 (2020)



Ailin Dong, Massimo Massa, and Alminas Žaldokas won for the article “The Effects of Global Leniency Programs on Margins and Mergers,” 50 Rand J. of Econ. 883 (2019)

Category Winners:

  • Best Antitrust Article of 2019 on Platforms: Herbert Hovenkamp, “Amex Platforms And The Rule Of Reason: The American Express Case,” 19 Colum. Bus. L. Rev. 35 (2019)
  • Best Antitrust Article of 2019 on Intellectual Property: Erik Hovenkamp, “Antitrust Law and Patent Settlement Design,” 32 Harv. J. Law & Tech. 417 (2019)
  • Best Antitrust Article of 2019 on Exclusionary Conduct: Aaron Edlin, Catherine Roux, and Armin Schmutzler, “Hunting Unicorns? Experimental Evidence on Exclusionary Pricing Policies,” 62 J. Law & Econ. 457 (2019)
  • Best Antitrust Article of 2019 on Privacy: Gregory Day and Abbey Stemler “Infracompetitive Privacy,” 105 Iowa L. Rev. 61 (2019)
  • Best Antitrust Article of 2019 on Remedies: Lina M. Kahn, “The Separation of Platforms and Commerce,” 119 Colum. L. Rev. 973 (2019)
  • Best Antitrust Article of 2019 on Mergers: Leemore Dafny, Kate Ho, and Robin S. Lee, “The Price Effects of Cross-Market Hospital Mergers: Theory and Evidence From the Hospital Industry,” 50 Rand J. of Econ. 286 (2019)



Suresh Naidu, Eric A. Posner, and Glen Weyl for the article “Antitrust Remedies for Labor Market Power,” 132 Harv. L. Rev. 536 (2018)

José Azar, Martin C. Schmalz, and Isabel Tecu for the article “Anticompetitive Effects of Common Ownership,” 73 J. of Finance 1513 (2018)

Category Winners:

  • Best Horizontal Mergers Article: Peter C. Carstensen and Robert H. Lande for “The Merger Incipiency Doctrine and the Importance of “Redundant” Competitors,” 18 Wis. L. Rev. 781 (2018)
  • Best Buying Power in Mergers Article: C. Scott Hemphill and Nancy L. Rose for “Mergers that Harm Sellers,” 127 Yale L.J. 2078 (2018)
  • Best Vertical Mergers Article: Steven C. Salop for “Invigorating Vertical Merger Enforcement,” 127 Yale L.J. 1962 (2018)
  • Best Structural Presumptions in Merger Review Article: John E. Kwoka for “The Structural Presumption and the Safe Harbor in Merger Review: False Positives or Unwarranted Concerns?”, 81 Antitrust Law J. 837 (2018)
  • Best Market Power Analyses Article: John B. Kirkwood for “Market Power and Antitrust Enforcement,” 98 B.U.L. Rev. 1170 (2018)
  • Best Horizontal Shareholding Article: Fiona Scott Morton and Herbert Hovenkamp for “Horizontal Shareholding and Antitrust Policy,” 127 Yale L.J. 2026 (2018)



Michal S. Gal and Alan D. Miller for the article “Patent Challenge Clauses: A New Antitrust Offense?”, 102 Iowa L. Rev. 1477 (2017)

Phillip Johnson, Edward Leamer, and Jeffrey Leitzinger for the article “Statistical Significance and Statistical Error in Antitrust Analysis,” 81 Antitrust L.J. 641 (2017)

Category Winners:

  • Best State Action Immunity Article: Rebecca Haw Allensworth for “Foxes at the Henhouse: Occupational Licensing Boards Up Close,” 105 Calif. L. Rev. 1567 (2017)
  • Best Antitrust and Healthcare Article: Michael A. Carrier for “Sharing Samples, and Generics: An Antitrust Framework,” 103 Cornell L. Rev. 1 (2017)
  • Best Vertical Restraints Article: Thomas K. Cheng for “A Consumer Behavioral Approach to Resale Price Maintenances,” 12 Va. L. & Bus. Rev. 1 (2017)
  • Best Cartel Article: Christopher R. Leslie for “Foreign Price-Fixing Conspiracies,” 67 Duke L.J. 557 (2017)
  • Best Antitrust Book: Peter C. Carstensen for “Competition Policy and the Control of Buyer Power: A Global Issue” (2017)
  • Best Antitrust and Mergers Article: Jamie S. King & Eric C. Fuse Brown, The Anti-Competitive Potential of Cross-Market Mergers in Health Care, 11 St. U. J. Health L. Pol’y 43 (2017)



Einer R. Elhauge for the article “Horizontal Shareholding,” 129 Harv. L. Rev. 1267 (2016)

Category Winners:

  • Best Antitrust Labor Exemption Article: Sanjukta M. Paul for “The Enduring Ambiguities of Antitrust Liability for Worker Collective Action,” 47 Loy. U. Chi. L.J. 969 (2016)
  • Best Antitrust and Small Business Article: Stacy Mitchell for “The View from the Shop – Antitrust and the Decline of America’s Independent Business,” 61 Antitrust Bulletin 498 (2016)
  • Best Antitrust and Buyer Power Article: Clayton J. Masterman for “The Customer Is Not Always Right: Balancing Worker and Customer Welfare in Antitrust Law,” 69 Vand. L. Rev. 1387 (2016)
  • Best Antitrust and Intellectual Property Article: Thomas K. Cheng for “Antitrust Treatment of the No Challenge Clause,” 5 N.Y.U. J. of Intell. Prop. & Ent. Law 437 (2016)
  • Best Antitrust and Rule of Reason Analysis Article: C. Scott Hemphill for “Less Restrictive Alternatives in Antitrust Law,” 116 Colum. L. Rev. 927 (2016)
  • Best Antitrust and Platform Markets Article: Michal S. Gal and Daniel L. Rubinfeld for “The Hidden Costs of Free Goods: Implications for Antitrust Enforcement,” 80 Antitrust L.J. 521 (2016)



Jonathan B. Baker for the article “Taking the Error Out of ‘Error Cost’ Analysis: What’s Wrong with Antitrust’s Right,” 80 Antitrust L.J. 1 (2015)

Honorable Mentions:

  • Mark A. Lemley and Christopher R. Leslie for “Antitrust Arbitration and Illinois Brick,” 100 Iowa L. Rev. 2115 (2015)
  • Peter C. Carstensen for “The Philadelphia National Bank Presumption: Merger Analysis in an Unpredictable World,” 80 Antitrust L.J. 219 (2015)
  • Josh Lerner and Jean Tirole for “Standard-Essential Patents,” 123 J. Pol. Econ. 547 (2015)
  • John E. Kwoka, Jr. for “Mergers, Merger Control, and Remedies: A Retrospective Analysis of U.S. Policy” (2015)



Aaron S. Edlin and Rebecca Haw Allensworth for the article “Cartels by Another Name: Should Licensed Occupations Face Antitrust Scrutiny?”, 162 U. Pa. L. Rev. 1093 (2014)

Andrew I. Gavil and Harry First for the book “The Microsoft Antitrust Cases: Competition Policy for the Twenty-First Century”

Honorable Mentions:

  • Margaret C. Levenstein and Valerie Y. Suslow for “How Do Cartels Use Vertical Restraints? Reflections on Bork’s The Antitrust Paradox,” 57 The J. of Law & Econ. S33 (2014)
  • Heski Bar-Isaac and Professor John Asker for “Raising Retailers’ Profits: On Vertical Practices and the Exclusion of Rivals,” 104 (2) American Econ. Rev. 672 (2014)
  • Stephen M. Maurer and Suzanne Scotchmer for “The Essential Facilities Doctrine: The Lost Message of Terminal Railroad,” 5 Cal. L. Rev. Cir. 287 (2014)



C. Scott Hemphill and Tim Wu for the article “Parallel Exclusion,” 122 Yale L.J. 1182 (2013)

John E. Kwoka, Jr. for the article “Does Merger Control Work? A Retrospective on U.S. Enforcement Actions and Merger Outcomes,” 78 Antitrust L.J. 619 (2013)

Honorable Mentions:

  • Jonathan Baker for “Exclusion as a Core Competition Concern,” 78 Antitrust L.J. 527 (2013)
  • Steven Salop for “Merger Settlement and Enforcement Policy for Optimal Deterrence and Maximum Welfare,” 81 Fordham L. Rev. 2647 (2013)
  • Martin Gaynor, Samuel Kleiner & William Vogt for “A Structural Approach to Market Definition with an Application to the Hospital Industry,” 61 The Journal of Industrial Economics 243 (2013)
  • Christopher Leslie for “Predatory Pricing and Recoupment,” 113 Colum. L. Rev. Sidebar 1695 (2013)



John B. Kirkwood for the article “Powerful Buyers and Merger Enforcement,” 92 B.U.L. Rev. 1485 (2012)

John M. Connor and Robert H. Lande for the article “Cartels as Rational Business Strategy: Crime Pays,” 34 Cardozo L. Rev. 427 (2012)

Honorable Mentions:

  • D. Daniel Sokol, for “Cartels, Corporate Compliance, and What Practitioners Really Think About Enforcement,” 78 Antitrust L. J. 201 (2012)
  • Einer Elhauge and Alex Krueger for “Solving the Patent Settlement Puzzle,” 91 Tex. L. Rev. 283 (2012)



William E. Kovacic, Robert C. Marshall, Leslie M. Marx, Halbert L. White, Jr. for the article “Plus Factors and Agreement in Antitrust Law,” 110 Mich. L. Rev. 393 (2011)

Honorable Mentions:

  • Herbert Hovenkamp, and Christopher R. Leslie for “The Firm as Cartel Manager,” 64 Vand. L. Rev. 813 (2011)
  • Howard A. Shelanski for “The Case for Rebalancing Antitrust and Regulation” 109 Mich. L. Rev. 683 (2011)



Louis Kaplow for the article “Why (Ever) Define Markets?”, 124 Harv. L. Rev. 437 (2010)

Honorable Mentions:

Steven C. Salop for “Refusals to Deal and Price Squeezes By An Unregulated, Vertically Integrated Monopolist,” 76 Antitrust L. J. 709 (2010)

Iwan Bos and Joseph E. Harrington, Jr. for “Endogenous Cartel Formation With Heterogeneous Firms,” 41 The Rand J. of Econ. 92 (2010)



Einer R. Elhauge for the article “Tying, Bundled Discounts, and the Death of the Single Monopoly Profit Theory,” 123 Harvard L. Rev. 397 (2009)

Honorable Mentions:

Nathan H. Miller for “Strategic Leniency and Cartel Enforcement,” 99 American Econ. Rev. 750 (2009)

Stacey L. Dogan and Mark A. Lemley for “Antitrust Law and Regulatory Gaming,” 87 Tex. L. Rev. 685 (2009)



Larry M. Frankel for the article “The Flawed Institutional Design of U.S. Merger Review: Stacking the Deck Against Enforcement,” 2008 Utah L. Rev. 159 (2008)



Robert H. Lande and Neil W. Averitt, Esq for the article “Using the ‘Consumer Choice’ Approach to Antitrust Law,” 74 Antitrust L.J. 175 (2007)

Maurice E. Stucke for the article “Behavioral Economists at the Gate: Antitrust in the Twenty-First Century,” 38 Loy. U. Chi. L.J. 513 (2007)



Lawrence A. Sullivan and Warren S. Grimes for the book “The Law of Antitrust: An Integrated Handbook,” (2nd. Ed. 2006)



Barry Nalebuff for the article “Exclusionary Bundling,” 50 Antitrust Bulletin 321 (2005).



Andrew Gavil for the article “Exclusionary Distribution Strategies By Dominant Firms: Striking A Better Balance,” 72 Antitrust L.J. 3



John M. Connor for the book “Global Price Fixing: Our Customers Are the Enemy.”



Joseph F. Brodley, Patrick Bolton, and Michael H. Riordan for the article “Predatory Pricing: Strategic Theory and Legal Policy,” 88 Georgetown L. J. 2239 (2000)