Federico Ghezzi, Mariateresa Maggiolino

"Credit Suisse", and the marginalization of antitrust in the Securities Industry

  • Abstract

Informations and abstract

Keywords: securities, implied immunity, false positive mistake, overdeterrence.

This article analyses the recent Credit Suisse judgement where the US Supreme Court marginalized the antitrust law scope in the securities industries. The judgement deserves attention not only for its outcome, but also for the new arguments that the Supreme Court played. These arguments, in particular, evoke the Chicagoan teachings and rely on some of the specific features of the securities markets.

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