This law text strives to make economic theory understandable to students without previous background in economics, and to relate economic theory to antitrust issues. Opening chapters introduce basics of economic theory in an intuitive way without mathematics, then take the economic basics a step further by introducing a set of economic generalizations that run throughout antitrust; the book also includes more in-depth economic material explained in a more traditional quantitative manner. Later chapters cover traditional areas of antitrust.

This second edition takes into account changes in the field since 2011, especially three important Supreme Court decisions on antitrust cases.