Competition Policy Theory and Practice

ISBN-10: 0521016916

ISBN-13: 9780521016919

Edition: 2004

Authors: Massimo Motta

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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.
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Book details

List price: $82.00
Copyright year: 2004
Publisher: Cambridge University Press
Publication date: 1/12/2004
Binding: Paperback
Pages: 642
Size: 6.00" wide x 9.25" long x 1.25" tall
Weight: 0.990

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
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