Bolton, P.; Brodley, J.F.; Riordan, M.H. - CentER for Economic Research, Universiteit van Tilburg - 1999
Predatory pricing poses a dilemma that has perplexed and intrigued the antitrust community for many years. On the one hand, history and economic theory teach that predatory pricing can be an instrument of abuse, but on the other side, price reductions are the hallmark of competition, and the...