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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 … central features of antitrust policy. Our objective is to foster the improvement of legal regimes and also to identify topics …
Persistent link: https://www.econbiz.de/10010538399
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 … central features of antitrust policy. Our objective is to foster the improvement of legal regimes and also to identify topics …
Persistent link: https://www.econbiz.de/10005227964
In U.S. antitrust, pricing below some level of cost has become almost necessary to a finding of predatory pricing. The …
Persistent link: https://www.econbiz.de/10011131672
Persistent link: https://www.econbiz.de/10010677767
Competition policy investigations usually commence with a definition of the relevant product and geographic market. The relevant market provides a first evaluation of competitive conditions and allows for the calculation of market shares, which aids in the assessment of firms’ market power....
Persistent link: https://www.econbiz.de/10010659633
Antitrust emerged in the 1950s and became dominant in the US. We show the extent to which economic objectives and theoretical … views shaped antitrust laws in their inception. After establishing the minor influence of economics in the promulgation of U ….S. competition laws, we then highlight U.S. economists' very cautious views about antitrust until the Second New Deal. We analyze the …
Persistent link: https://www.econbiz.de/10011099014
Persistent link: https://www.econbiz.de/10009150133
Persistent link: https://www.econbiz.de/10009150138
Persistent link: https://www.econbiz.de/10009150144
Antitrust emerged in the 1950s and became dominant in the US. We show the extent to which economic objectives and theoretical … views shaped antitrust laws in their inception. After establishing the minor influence of economics in the promulgation of … US competition laws, we then highlight US economists' very cautious views about antitrust until the Second New Deal. We …
Persistent link: https://www.econbiz.de/10010899680