Competition Policy: History, Theory and Practice

Competition Policy: History, Theory and Practice

by Manfred Neumann
ISBN-10:
1843760320
ISBN-13:
9781843760320
Pub. Date:
01/01/2002
Publisher:
Elgar, Edward Publishing, Inc.

Paperback

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Product Details

ISBN-13: 9781843760320
Publisher: Elgar, Edward Publishing, Inc.
Publication date: 01/01/2002
Pages: 240
Product dimensions: 6.10(w) x 9.10(h) x 0.80(d)

Table of Contents

List of Figuresvi
List of Tablesvii
Prefaceviii
1.Aims and Scope of Competition Policy1
1.1Competition in a Market Economy3
1.2Horizontal Concentration17
1.3Undermining Competition Through Laissez Faire23
1.4Approaches to Competition Policy in the US, Germany and the European Union30
1.5Conclusion45
2.Industrial Economics as the Foundation of Competition Policy47
2.1Competition in Oligopoly47
2.2Restraints of Competition in Oligopoly67
2.3The Structure-Conduct-Performance Paradigm74
2.4Monopoly Welfare Loss85
2.5Conclusion98
3.Containing Restraints of Competition99
3.1Collusion99
3.2Merger Control110
3.3Abuse of Monopolistic Market Power134
3.4Regulation, Deregulation and Privatizing158
3.5Conclusion164
4.The Social Framework and Competition Policy166
4.1Freedom of Competition and Property Rights166
4.2Competition Policy and International Trade Policy175
4.3Financial Markets and Competition on Goods Markets179
4.4Public Policy and Competition Policy183
4.5Conclusion189
References192
Index211

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