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This paper discusses the problem of buyer power in labor markets and proposes a framework for more interventionist enforcement under existing merger law. While a common core of basic economic assumptions supports increased enforcement as a general matter, the choice among several available...
Persistent link: https://www.econbiz.de/10012837744
In academic and public debate about the increasing imbalance of power between employers and workers, the role of antitrust policy and enforcement has heretofore gotten little attention. This paper shows that where there was once a sharp border — the border of the firm — where labor law ended...
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Recent empirical studies have revealed that labor market monopsony is far more common than previously thought, and that there is a strong correlation between wage suppression and labor market concentration. Yet few antitrust cases have been brought by workers against employers who exercise...
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