Steven C. Salop (born December 23, 1946) is an American economist and academic whose work focuses on antitrust policy. He is a professor of economics and law at the

Georgetown University Law Center The Georgetown University Law Center (Georgetown Law) is the law school of Georgetown University, a private research university in Washington, D.C. It was established in 1870 and is the largest law school in the United States by enrollment and ...

. Salop is known for his scholarship on exclusionary practices and vertical mergers. Together with David Scheffman, he popularized the concept of raising rivals' costs as an antitrust violation.

Education

Salop earned his undergraduate degree at the

University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universitie ...

in 1968 and a Ph.D. in Economics from

Yale University Yale University is a Private university, private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the List of Colonial Colleges, third-oldest institution of higher education in the United Sta ...

in 1972.

Career

Before joining the

Georgetown Law The Georgetown University Law Center (Georgetown Law) is the law school of Georgetown University, a private research university in Washington, D.C. It was established in 1870 and is the largest law school in the United States by enrollment a ...

faculty in 1981, he served as Associate Director for Special Projects with the Bureau of Economics of the Federal Trade Commission, as an adjunct professor of economics at the

. He was also an economist with the

Civil Aeronautics Board The Civil Aeronautics Board (CAB) was an agency of the federal government of the United States, formed in 1938 and abolished in 1985, that regulated aviation services including scheduled passenger airline serviceStringer, David H."Non-Skeds: T ...

and

Federal Reserve Board The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the m ...

. Salop teaches courses in Antitrust Law, Economic Reasoning and the Law, and has conducted a Faculty Workshop in Law and Economics. He does consulting work at

Charles River Associates Charles River Associates (legally CRA International, Inc.) is a global consulting firm headquartered in Boston. Practice areas Their practices include: aerospace & defense, antitrust & competition economics, auctions & competitive bidding, climat ...

Awards

Salop is a recipient of the

AALS The Association of American Law Schools (AALS), formed in 1900, is a non-profit organization of 176 law schools in the United States. An additional 19 schools pay a fee to receive services but are not members. AALS incorporated as a 501(c)(3) n ...

Antitrust Lifetime Achievement Award (2019) and AAI Antitrust Achievement Award (2010).

References

External links

Steven C. Salop at Google Scholar
1946 births Living people University of Pennsylvania alumni Yale University alumni Georgetown University Law Center faculty 20th-century American economists 21st-century American economists Federal Trade Commission personnel {{US-economist-stub