Economics and the Interpretation and Application of U.S. and E.U. Antitrust Law I-II

Antitrust / Competition Law › Others

Economics and the Interpretation and Application of U.S. and E.U. Antitrust Law I-II

By Richard S. Markovits
Springer-Verlag June 2014

Specifications

ISBN-13
9783662435557
Publisher
Springer-Verlag
Publication
June 2014
Format
Hardback
Jurisdiction
Germany ? Countri(es) for reference only

Details

Vol. I - Explaining why market definitions are inherently arbitrary, this publication defines 'oligopolistic' and 'predatory' business conduct, analyzes their profitability and provides a critique of the market-oriented approach used by US and EU law-enforcement.

Vol. II - The standard analysis of anti-trust legislation ignores numerous inefficiencies. This 'distortion-analysis' approach responds appropriately to second-best theory and uses it to analyze the economic efficiency of business conduct covered by anti-trust law.

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