Description
Book SynopsisMichal Gal's thorough analysis shows the effects of market size on competition policy, ranging from rules of thumb to more general policy prescriptions, such as goals and remedial tools. Competition policy in small economies is becoming increasingly important, since the number of small jurisdictions adopting such policy is rapidly growing.
Trade ReviewThis book constitutes a significant advance in its field. I do not know of another book that does what this one does: that is, generalize about optimal competition policy for market economies of differing sizes. It is an interesting mix of descriptive (empirical) and prescriptive analysis, and thus will be useful to both applied economists and legal policy makers of various sorts. It is a well done book and should claim a sizeable audience. -- Herbert Hovenkamp, University of Iowa College of Law
This book is an expert treatment of the consequences of economic size for competition policy. It raises many interesting and important observations about the application of competition policy in general and with respect to particular problems raised by small economies. A further strength of the book is Dr. Gal's ability to weave in comparative information from a variety of different economic structures and economies. -- Merit Janow, School of International and Public Affairs, Columbia University