This book will be of interest to students and researchers interested in competition policy, industrial organisation, the British economy and business strategy.

This paper draws on data from 73 UK Monopolies and Mergers Commission reports on monopoly between 1973 and 1995. It shows that there is a roughly two in three chance that the Commission will come to an adverse conclusion against the investigated firms in a given case. 75-80% of decisions can be...

In the <link rid="b7">Eaton and Grossman (1986</link>) Bertrand duopoly model of strategic export taxes, both countries may be better off if they both delegate to policymakers who maximize tax revenue rather than welfare. However, both countries delegating to policymakers who maximize tax revenue is not a Nash...