Steven Salop

Professor of Economics and Law

Professor Salop teaches courses in Antitrust Law, Economic Reasoning and the Law, and conducts a Faculty Workshop in Law and Economics. His recent writings include several articles in the Antitrust Law Journal that focus on exclusionary conduct, including an article on the overarching antitrust standard for exclusionary conduct, an article on exclusionary conduct by buyers and an article on the antitrust standard for refusals to deal and price squeezes.   Professor Salop has other articles on the consumer welfare standard, the raising rivals’ cost conduct, and the first principles approach to antitrust .  His research focuses on antitrust law and economics and economic analysis of industrial competition and imperfect information.   Before joining the Law Center faculty in 1981, he served as Associate Director for Special Projects with the Bureau of Economics of the FTC, as an adjunct professor of economics at the University of Pennsylvania, where he received his B.A. in 1968, and as an economist with the Civil Aeronautics Board and Federal Reserve Board. He is a member of the American Economic Association and the Econometric Society. He has been an associate editor of the Journal of Economic Perspectives, The International Journal of Industrial Organization and the Journal of Industrial Economics.