Antitrust Revolution: Economics, Competition, and Policy / Edition 5

Antitrust Revolution: Economics, Competition, and Policy / Edition 5

by John E. Kwoka, Lawrence J. White
     
 

The Antitrust Revolution: Economics, Competition, and Policy, Fifth Edition, examines the critical role of economic analysis in recent antitrust case decisions and policy. The book consists of economic studies of twenty-one of the most significant antitrust cases of recent years, twelve of them new to this edition and nine updated from the fourth edition. These cases… See more details below

Overview

The Antitrust Revolution: Economics, Competition, and Policy, Fifth Edition, examines the critical role of economic analysis in recent antitrust case decisions and policy. The book consists of economic studies of twenty-one of the most significant antitrust cases of recent years, twelve of them new to this edition and nine updated from the fourth edition. These cases include alleged anticompetitive practices by Visa and MasterCard, Microsoft, and Kodak; mergers-proposed or consummated-by Staples and Office Depot, PSEG and Exelon, EchoStar and DirecTV, and Heinz and Beech-Nut; and other competitive issues such as predatory pricing in the airline industry, "reverse-payments" in settlements of patent litigation, the use of bundled rebates by dominant firms, exclusive dealing, and retailer-instigated restraints on supplier sales. New overview essays precede the four sections of the book: Horizontal Structure; Horizontal Practices; Vertical and Related Market Issues; and Network Issues.

Commissioned and edited by John E. Kwoka, Jr., and Lawrence J. White, the case studies are written by prominent economists who participated in the proceedings. These economists were responsible for helping to formulate the economic issues, undertake the necessary research, and offer arguments in court. As a result, they are uniquely qualified to describe and analyze the cases. Fully updated with the most current examples, this volume provides detailed and comprehensive insight into the central role that is now played and will continue to be played by economists in the antitrust process.

The Antitrust Revolution, Fifth Edition, is ideal for undergraduate and graduate classes in industrial organization,government policy, and antitrust/regulation law and economics. It is also a useful reference book for lawyers and economists-both academics and practitioners-who are interested in the types of economic analyses that have been applied in recent antitrust cases.

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Product Details

ISBN-13:
9780195322965
Publisher:
Oxford University Press
Publication date:
07/28/2008
Pages:
544
Product dimensions:
6.10(w) x 9.30(h) x 1.30(d)

Meet the Author

Table of Contents

Preface
Contributors
Introduction1
Case 1Manifest Destiny? The Union Pacific and Southern Pacific Railroad Merger (1996)27
Case 2Prices, Market Definition, and the Effects of Merger: Staples-Office Depot (1997)52
Case 3Potential Competition and Local Telephone Service: The Bell Atlantic-NYNEX Merger (1997)73
Case 4The Long-Distance Industry: One Merger Too Many? MCI WorldCom and Sprint (2000)101
Case 5The BP Amoco-ARCO Merger: Alaskan Crude Oil (2000)128
Case 6Efficiencies and High Concentration: Heinz Proposes to Acquire Beech-Nut (2001)150
Case 7Antitrust and Higher Education: MIT Financial Aid (1993)188
Case 8Bidding, Bid Rigging, and School Milk Prices: Ohio v. Trauth (1994)211
Case 9Rapid Price Communication and Coordination: The Airline Tariff Publishing Case (1994)233
Case 10Global Cartels Redux: The Amino Acid Lysine Antitrust Litigation (1996)252
Case 11Sports League Issues: The Relocation of the Los Angeles Rams to St. Louis (1998)277
Case 12The Brand Name Prescription Drugs Antitrust Litigation (1999)301
Case 13Revisiting Maximum Resale Price Maintenance: State Oil v. Khan (1997)334
Case 14Technology Cross-Licensing Practices: FTC v. Intel (1999)350
Case 15Retailer-Instigated Restraints on Suppliers' Sales: Toys "R" Us (2000)373
Case 16Bundling: GE-Honeywell (2001)388
Case 17Links between Markets and Aftermarkets: Kodak (1997)428
Case 18Access and Network Effects in the "New Economy": AOL-Time Warner (2000)453
Case 19Maintenance of Monopoly: U.S. v. Microsoft (2001)476
Case 20The American Airlines Case: A Chance to Clarify Predation Policy (2001)502

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