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Deltas, Salvo and Vasconcelos (2011) develop a model of geographically separated markets with differentiated goods in which collusion (or merger to monopoly), by restricting trade relative to duopolistic competition, is beneficial for society and can be beneficial for consumers. In this chapter,...
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Intro -- Contents -- Preface -- Introduction -- I LIMITS AND POSSIBILITIES -- 1 The Legal and Economic Structure -- 2 The Design of Antitrust Rules -- 3 The Promises and Hazards of Private Antitrust Enforcement -- 4 Expert Testimony and the Predicament of Antitrust Fact Finding -- II TRADITIONAL...
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