AAI Working Paper No. 07-11: Enhancing Competition Through the Cy Pres Remedy: Suggested Best Practices

A recent NY Times article calls attention to the use of the cy pres remedy in antitrust class action cases.

In this Working Paper, AAI’s President analyzes the cy pres doctrine, indicates how it can be used to enhance competition, and suggests best practices for regularizing what is currently too often an ad hoc process.