Description

Competition policy aims to prevent anticompetitive agreements and mergers, limiting the abusive exercise of market power. The formulation and application of this policy presents significant challenges, which include showing that proposed mergers are anticompetitive, proving that firms are members of cartels and defending apparently restrictive vertical agreements.

For this insightful volume the editor has selected key papers which illustrate how far we have come towards meeting these challenges. They provide comprehensive developmental coverage of the theory that underpins and justifies competition policy, and of the econometric tests that demonstrate its effects and violations.

This timely book will be an invaluable resource to researchers and practitioners alike with an interest in this important subject.

Recent Developments in Monopoly and Competition Policy

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Hardback by George Norman

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Competition policy aims to prevent anticompetitive agreements and mergers, limiting the abusive exercise of market power. The formulation and application... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 31/01/2008
    ISBN13: 9781847204844, 978-1847204844
    ISBN10: 1847204848

    Number of Pages: 704

    Non Fiction , Business, Finance & Law

    Description

    Competition policy aims to prevent anticompetitive agreements and mergers, limiting the abusive exercise of market power. The formulation and application of this policy presents significant challenges, which include showing that proposed mergers are anticompetitive, proving that firms are members of cartels and defending apparently restrictive vertical agreements.

    For this insightful volume the editor has selected key papers which illustrate how far we have come towards meeting these challenges. They provide comprehensive developmental coverage of the theory that underpins and justifies competition policy, and of the econometric tests that demonstrate its effects and violations.

    This timely book will be an invaluable resource to researchers and practitioners alike with an interest in this important subject.

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