@techreport{NBERw16818,
 title = "Freedom to Trade and the Competitive Process",
 author = "Aaron Edlin and Joseph Farrell",
 institution = "National Bureau of Economic Research",
 type = "Working Paper",
 series = "Working Paper Series",
 number = "16818",
 year = "2011",
 month = "February",
 URL = "http://www.nber.org/papers/w16818",
 abstract = {Although antitrust courts sometimes stress the competitive process, they have not deeply explored what that process is. Inspired by the theory of the core, we explore the idea that the competitive process is the process of sellers and buyers forming improving coalitions. Much of antitrust can be seen as prohibiting firms’ attempts to restrain improving trade between their rivals and customers. In this way, antitrust protects firms’ and customers’ freedom to trade to their mutual betterment.},
}