The Economics of the Antitrust Process / Edition 1

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This book focuses on the antitrust process and how that process affects the efficiency of antitrust law enforcement. The contributors share a wide range of experiences in the antitrust process, including academia, the legal environment, and both private and public sectors. The book deals first with merger activities, followed by non-merger enforcement initiatives and concludes with an examination of the future role of antitrust.
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Editorial Reviews

Presents a series of 12 essays written by individuals involved in the antitrust process, including those involved with the FTC, the Department of Justice, the Canadian Bureau of Competition Policy, universities, and the private bar. Contributions include an introduction to the economics of the antitrust process; overenforcement in the Hart-Scott-Rodino second request process; the merger guidelines as applied; buyers, market power, and market definition; merger enforcement at the Reagan-Bush FTC; the "Microsoft" consent decree; an analysis of nonprice horizontal restraint enforcement; and antitrust, economics, and "reality". Annotation c. by Book News, Inc., Portland, Or.
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Product Details

Table of Contents

Ch. 1 Introduction: The Economics of the Antitrust Process 1
Ch. 2 Overenforcement in the Hart-Scott-Rodino Second Request Process 15
Ch. 3 The Merger Guidelines As Applied 41
Ch. 4 Simulation as an Alternative to Structural Merger Policy in Differentiated Products Industries 65
Ch. 5 The Efficiencies Defense in Merger Cases 89
Ch. 6 Buyers, Market Power, and Market Definition 117
Ch. 7 Merger Enforcement at the Reagan/Bush FTC 135
Ch. 8 Winners and Losers in the Settlement of Merger Litigation 153
Ch. 9 Efficiency Lost?: The Microsoft Consent Decree 175
Ch. 10 Predatory Pricing in the Retail Trade: The Wal-Mart Case 195
Ch. 11 Guilt by Association: An Analysis of Nonprice Horizontal Restraint Enforcement 217
Ch. 12 Antitrust, Economics, and "Reality" 239
Index 255
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