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
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 ...
. 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
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