The Economics of the Antitrust Process

by M.B. Coate (Editor), A. Kleit (Editor)

Overview

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.

Product Details

ISBN-13:	9780792397311
Publisher:	Springer US
Publication date:	05/31/1996
Series:	Topics in Regulatory Economics and Policy , #22
Edition description:	1996
Pages:	260
Product dimensions:	6.14(w) x 9.21(h) x 0.24(d)

Table of Contents

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

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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