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industrial organization focus on theory and empirical findings, this textbook offers practical examples that predict firm …
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This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...
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horizontal merger. Because the new theoretical approaches are not easily modified to encompass welfare considerations, except in …
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