Competition Policy Theory and Practice

Name: Competition Policy Theory and Practice
Price: 62.42 USD
Availability: InStock
ISBN: 9780521016919

ISBN-10: 0521016916

ISBN-13: 9780521016919

Edition: 2004

Authors: Massimo Motta

List price: $81.99

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Description:

Offering a complete analysis of antitrust (or competition policy) issues, this study is enhanced by frequent references to antitrust cases and a few fully developed case studies. Although it can be used as an economics textbook in graduate or advanced undergraduate courses, the book is equally accessible to lawyers, practitioners, and readers interested in antitrust issues, but unfamiliar with modern economics. Technical explanations of material are relegated to separate "technical" sections that can be skipped without losing continuity.

Book details

List price: $81.99
Copyright year: 2004
Publisher: Cambridge University Press
Publication date: 1/12/2004
Binding: Paperback
Pages: 642
Size: 6.10" wide x 9.09" long x 1.50" tall
Weight: 2.134




Competition Policy: History, Objectives and the Law



Introduction



Brief history of competition policy



Objectives of competition policy, and other public policies



The main features of European competition law



Exercises



Market Power and Welfare: Introduction



Overview of the chapter



Allocative efficiency



Productive efficiency



Dynamic efficiency



Public policies and incentives to innovate



Monopoly: will the market fix it all?



Summary and policy conclusions



Exercises



Solutions of exercises



Market Definition and the Assessment of Market Power



Introduction



Market definition



The assessment of market power



Exercises



Collusion and Horizontal Agreements



Introduction



Factors that facilitate collusion



Advanced material



Practice: what should be legal and what illegal?



Joint-ventures and other horizontal agreements



A case of parallel behaviour: wood pulp



Exercises



Horizontal Mergers



Introduction



Unilateral effects



Pro-collusive effects



A more general model



Merger remedies



Merger policy in the European Union



Case studies



Exercises



Vertical Restraints and Vertical Mergers



What are vertical restraints?



Intra-brand competition



Inter-brand competition



Anti-competitive effects: leverage and foreclosure



Conclusions and policy implications



Cases



Exercises



Predation, Monopolisation, and Other Abusive Practices



Introduction



Predatory pricing



Non-price monopolisation practices



Price discrimination



US v. Microsoft



Exercises



Solutions of exercises



A Toolkit: Game Theory and Imperfect Competition Models



Introduction



Monopoly



Oligopoly I: market competition in static games



Oligopoly II: dynamic games



Appendix