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structure, efficiency (consumer welfare) as the result of competition rather than of an individual entrepreneurial market …
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The Chicago School of antitrust has benefitted from a great deal of law office history, written by admiring advocates … impulses, and economics that produced the Chicago School of antitrust policy and that account for its durability. The origins … competition best suited these goals. The early strength of the Chicago School of antitrust was that it provided simple, convincing …
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There are legal grounds to hear competitors in merger control proceedings, and competitor involvement has gained significance. To what extent this is economically sensible is our question. The competition authority applies some welfare standard while the competitor cares about its own profit. In...
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