International Journal of the Economics of Business produced a special issue on “Symposium on the US brand name prescription drug antitrust legislation” in 1997. This case involved fascinating scientific and policy issues including price discrimination. Economic scholars contributed to the...

Countries have differences in competition policies, which are cause for friction in international trade and investment. This paper discusses those issues and develops a model to try to explain the willingness of countries to participate in a cooperative competition policy. The model suggests...

This paper examines a model of competition between two types of health insurers: Managed Care Organizations (MCOs) and Conventional Insurers". MCOs vertically integrate health care providers and pay them at a competitive price, while conventional insurers work as indemnity plans and pay the...

Purpose – The purpose of this paper is to examine the relationship between SME suppliers and large buyers, and so better inform competition policy in cases where market power resides with buyers. Design/methodology/approach – The theories of monopsony and oligopsony are applied to...