This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are applied to models of competition in quantities, prices...

1. Introduction -- 2. Restrictive agreements : legal requirements -- 3. Agreements and concerted practices -- 4. Permissible horizontal restraints -- 5. Group boycotts -- 6. Information exchange agreements -- 7. Vertical resale restrictions -- 8. Market definition and dominance -- 9. Abuse and...

Shaping markets through competition and economic regulation is at the heart of addressing the development challenges facing countries in southern Africa. The contributors to Competition Law and Economic Regulation: Addressing Market Power in southern Africa critically assess the efficacy of the...