competition policy, undertakes partial equilibrium analysis in a single sector, often with a fixed number of firms. This article … examines competition policy in a simple, multi-sector, general equilibrium model with free entry and exit. Even partial … equilibrium analysis yields some lessons, such as that accounting for free entry often makes strengthening competition policy more …

Competition law's vertical agreement requirement is widely regarded to be perplexing and to offer a fairly limited … competition policy, and its satisfaction may even be associated with less, not more, anticompetitive danger. Furthermore … competition law: the aim to subject myriad everyday actions of countless firms to more lenient scrutiny than that applicable to …

competition policy, undertakes partial equilibrium analysis in a single sector, often with a fixed number of firms. This article … examines competition policy in a simple, multi-sector, general equilibrium model with free entry and exit. Even partial … equilibrium analysis yields some lessons, such as that accounting for free entry often makes strengthening competition policy more …