Introduction -- Market power in economics and law -- The mischief and Australia's institutional response -- Competition and efficiency effects in Europe, North America and Australia -- Refusal to deal and margin squeeze -- Predatory pricing -- Meeting competition -- Raising rivals' costs --...

"Harnessing the tension between "equity" and "efficiency" and achieving the optimal equilibrium between these policy objectives, has long been one of the major questions bedevilling economics and, more generally, political philosophy in liberal democracies but also beyond."