Economics and the Interpretation and Application of U.S. and E.U. Antitrust Law: Volume I

This book:-

• (1) delineates operational definitions of (A) the key concepts in the U.S.'/E.U.'s respective tests of antitrust illegality and (B) such other antitrust-law-related economic concepts as "oligopolistic" and "predatory" conduct,
• (2) analyzes the profitability of oligopolistic and predatory conduct and the evidence that can and cannot establish that they have been practiced,
• (3) explains why market definitions are inherently arbitrary and criticizes the market-oriented approaches that U.S. and E.U. antitrust-enforcement officials have used to predict the competitive impact of horizontal mergers and the possible foreclosing effects of long-term requirements contracts,
• (4) explains the various functions that vertical integration can perform and the ability of various types of pricing techniques, vertical contractual restraints, and sales policies to perform those functions,
• (5) describes U.S. antitrust law and E.U. competition law as written,
• (6) summarizes and criticizes the ways in which the U.S./E.U. authorities have interpreted and applied the U.S./E.U. antitrust statutes/treaty, and
• (7) compares U.S. and E.U. antitrust law both as written and as applied.