Market Dominance and Antitrust Policy / Edition 2

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Utton (economics, U. of Reading) explores the problems of market dominance and antitrust policy as they appear in Europe and the US. After analyzing the problem, its possible extent, and the institutions used to deal with it, he distinguishes horizontal from vertical issues, looks at the market conduct of dominant firms, collusion, horizontal mergers, relationships between firms and their input suppliers or their distributors, the effectiveness of antitrust policy including appropriate sanctions against those who infringe the law and those who attempt to mould its application to their own purposes, and conflicts between antitrust and trade policies. No date is noted for the first edition, but the second focuses on changes that came into effect in 2001. Annotation ©2003 Book News, Inc., Portland, OR
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Editorial Reviews

Combines an analysis of the issues with a discussion of the leading cases in the UK, EU, and US. Areas covered include market dominance and the institutions used to deal with it, the market conduct of dominant firms, and the relationship between firms and their suppliers or distributors. The concluding section deals with some controversial questions including possible conflicts between trade and antitrust policy, foreign ownership of domestic assets, extra-territorial claims by some countries, and the apparent inadequacy of antitrust remedies. Annotation c. Book News, Inc., Portland, OR (
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Product Details

  • ISBN-13: 9781845422967
  • Publisher: Elgar, Edward Publishing, Inc.
  • Publication date: 3/28/2005
  • Edition description: New Edition
  • Edition number: 2
  • Pages: 352

Table of Contents

List of figures and tables
Preface to the first edition
Preface to the second edition
Pt. I Analytical and Institutional Background
1 The economic analysis of market dominance 3
2 Market dominance in practice: current perceptions and trends 27
3 The antitrust response: an outline of antitrust policy in Europe and the United States 44
Pt. II Market Dominance: Horizontal Issues
4 The measurement and interpretation of market dominance 59
5 Market conduct of dominant firms: I 85
6 Market conduct of dominant firms: II 126
7 Market dominance and collusion 149
8 Horizontal mergers and market dominance 171
Pt. III Market Dominance: Vertical Issues
9 Vertical integration and vertical mergers 207
10 Market dominance and vertical restraints 233
Pt. IV Priorities and Prospects for Antitrust
11 Priorities in antitrust policy 273
12 Antitrust policy in an international perspective 291
References 309
Index 323
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