before-and-after theory

BEFORE-AND-AFTER THEORY

BEFORE-AND-AFTER THEORY before-and-after theory. Antitrust. A method of determining damages for lost profits (and sometimes overcharges), whereby the plaintiff’s profits are examined before, during, and after the violation to estimate the reduction in profits due to the defendant’s violation. ¡ª Also termed before-and-after method. Cf. YARDSTICK THEORY; MARKET-SHARE THEORY. ¡°In its simplest form, the [before-and-after] […]

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before-and-after theory

before-and-after theory Antitrust. A method of determining damages for lost profits (and sometimes overcharges), whereby the plaintiff’s profits are examined before, during, and after the violation to estimate the reduction in profits due to the defendant’s violation. ¡ª Also termed before-and-after method. Cf. YARDSTICK THEORY; MARKET-SHARE THEORY. What is the Chinese interpretation of before-and-after theory?

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