cost inefficiencies, due to a "least danger to competition" (LDC) condition, which favors small, and thus inefficient …

predation in an oligopoly is limited by the subsequent competition for the prey. This bidding competition is especially fierce …-riding problem associated with mergers, and second, destructive predation helps firms avoid the bidding competition. It is also shown … predators avoid the bidding competition. Moreover, the incentive for predation under the US failing firm defense might be even …

integrated at the distributor level by parallel imports (PI). In this context we show that if competition policy requires uniform … competition policy may not be optimal for consumer welfare. …

also discuss the complex economic relationships between PI and other forms of competition policy, or attempts to limit the … abuse of market power offered by patents and copyrights. Finally, we review the emerging literature on how policies …