Market Structure And Competition Policy

Author : George Norman,Jacques-François Thisse
Publisher : Cambridge University Press
Page : 309 pages
File Size : 44,5 Mb
Release : 2000-11-30
Category : Business & Economics
ISBN : 9781139428583

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Market Structure and Competition Policy by George Norman,Jacques-François Thisse Pdf

This 2000 text applies modern advances in game theory to the analysis of competition policy and develops some of the theoretical and policy concerns associated with the pioneering work of Louis Phlips. Containing contributions by leading scholars from Europe and North America, this book observes a common theme in the relationship between the regulatory regime and market structure. Since the inception of the new industrial organization, economists have developed a better understanding of how real-world markets operate. These results have particular relevance to the design and application of anti-trust policy. Analyses indicate that picking the most competitive framework in the short run may be detrimental to competition and welfare in the long run, concentrating the attention of policy makers on the impact on the long-run market structure. This book provides essential reading for graduate students of industrial and managerial economics as well as researchers and policy makers.

Author : Daniel A. Crane,Herbert Hovenkamp
Publisher : Oxford University Press
Page : 510 pages
File Size : 44,9 Mb
Release : 2013-01-30
Category : Business & Economics
ISBN : 9780199311569

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The Making of Competition Policy by Daniel A. Crane,Herbert Hovenkamp Pdf

This book provides edited selections of primary source material in the intellectual history of competition policy from Adam Smith to the present day. Chapters include classical theories of competition, the U.S. founding era, classicism and neoclassicism, progressivism, the New Deal, structuralism, the Chicago School, and post-Chicago theories. Although the focus is largely on Anglo-American sources, there is also a chapter on European Ordoliberalism, an influential school of thought in post-War Europe. Each chapter begins with a brief essay by one of the editors pulling together the important themes from the period under consideration.

Author : Manfred Neumann
Publisher : Edward Elgar Publishing
Page : 248 pages
File Size : 44,9 Mb
Release : 2001
Category : Business & Economics
ISBN : UOM:39015049672200

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Competition Policy by Manfred Neumann Pdf

Neumann (economics, U. Erlangen-Nurnberg, Germany) examines the history of competition policy in the US and Europe to demonstrate how far a convergence of principles has developed. He then outlines the theory of industrial organization as a tool to devise an appropriate policy. Neumann also discusses the practice of competition policy in the US, individual European countries, and the EC as a whole, in terms of collusion, mergers, and vertical restraints. The final section places competition policy within the social framework, treating such issues as property rights, international trade policy, and social justice. Annotation copyrighted by Book News Inc., Portland, OR

Author : Michal S. GAL,Michal S Gal
Publisher : Harvard University Press
Page : 337 pages
File Size : 41,7 Mb
Release : 2009-06-30
Category : Business & Economics
ISBN : 9780674037465

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Competition Policy for Small Market Economies by Michal S. GAL,Michal S Gal Pdf

Michal Gal's thorough analysis shows the effects of market size on competition policy, ranging from rules of thumb to more general policy prescriptions, such as goals and remedial tools. Competition policy in small economies is becoming increasingly important, since the number of small jurisdictions adopting such policy is rapidly growing. Gal's focus extends beyond domestic competition policy to the evaluation of the current trend toward the worldwide harmonization of policies.

Author : Peter C. Carstensen
Publisher : Edward Elgar Publishing
Page : 304 pages
File Size : 50,7 Mb
Release : 2017-09-29
Category : LAW
ISBN : 9781782540588

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Competition Policy and the Control of Buyer Power by Peter C. Carstensen Pdf

This book provides a comprehensive overview of the economic and competition policy issues that buyer power creates. Drawing on economic analysis and cases from around the world, it explains why conventional seller side standards and analyses do not provide an adequate framework for responding to the problems that buyer power can create. Based on evidence that abuse of buyer power is a serious problem for the competitive process, the book evaluates the potential for competition law to deal directly with the problems of abuse either through conventional competition law or special rules aimed at abusive conduct. The author also examines controls over buying groups and mergers as potentially more useful responses to risks created by undue buyer power.

Author : George W. Comanor,K. Jacquemin,A. Jenny,F. Kantzenbach,E. Ordover,L. Waverman
Publisher : Taylor & Francis
Page : 280 pages
File Size : 42,8 Mb
Release : 2014-05-01
Category : Business & Economics
ISBN : 9781136457241

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Competition Policy in Europe and North America by George W. Comanor,K. Jacquemin,A. Jenny,F. Kantzenbach,E. Ordover,L. Waverman Pdf

First Published in 2001. Routledge is an imprint of Taylor & Francis, an informa company.

Author : Federico Etro
Publisher : Springer Science & Business Media
Page : 296 pages
File Size : 48,7 Mb
Release : 2007-09-05
Category : Science
ISBN : 9783540496014

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Competition, Innovation, and Antitrust by Federico Etro Pdf

This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are applied to models of competition in quantities, prices and to patent races. The results are used to propose a new approach to competition policy and issues of the abuse of dominance.

Author : George Norman,Jacques-François Thisse
Publisher : Unknown
Page : 293 pages
File Size : 45,5 Mb
Release : 2000-11-30
Category : Business & Economics
ISBN : 052178333X

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Market Structure and Competition Policy by George Norman,Jacques-François Thisse Pdf

A wide-ranging contribution to the literature on industrial economics by leading scholars from Europe and North America, combining theory and applied case studies, on the sometimes surprising effects of competition or anti-trust policy on industry structure.

Author : Claudio R. Frischtak,Richard S. Newfarmer,John H. Dunning
Publisher : Taylor & Francis
Page : 398 pages
File Size : 44,9 Mb
Release : 1994
Category : Competition, International
ISBN : 0415085489

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Market Structure and Industrial Performance by Claudio R. Frischtak,Richard S. Newfarmer,John H. Dunning Pdf

Author : Richard J. Gilbert
Publisher : MIT Press
Page : 337 pages
File Size : 49,6 Mb
Release : 2022-06-07
Category : Business & Economics
ISBN : 9780262545792

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Innovation Matters by Richard J. Gilbert Pdf

A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and evidence on economic incentives for innovation. Competition policy and antitrust enforcement have traditionally focused on prices rather than innovation. Economic theory shows the ways that price competition benefits consumers, and courts, antitrust agencies, and economists have developed tools for the quantitative evaluation of price impacts. Antitrust law does not preclude interventions to encourage innovation, but over time the interpretation of the laws has raised obstacles to enforcement policies for innovation. In this book, economist Richard Gilbert proposes a shift from price-centric to innovation-centric competition policy. Antitrust enforcement should be concerned with protecting incentives for innovation and preserving opportunities for dynamic, rather than static, competition. In a high-technology economy, Gilbert argues, innovation matters. Gilbert considers both theory and available empirical evidence on the relationships among market structure, firm behavior, and the production of new products and services. He reviews the distinctive features of the high-tech economy and why current analytical tools used by antitrust enforcers aren't up to the task of assessing innovation concerns. He considers, from the perspective of innovation competition, Kenneth Arrow's “replacement effect” and the Schumpeterian theory of market power and appropriation; discusses the effect of mergers on innovation and future price competition; and reviews the empirical literature on competition, mergers, and innovation. He describes examples of merger enforcement by US and European antitrust agencies; examines cases brought against Microsoft and Google; and discusses the risks and benefits of interoperability standards. Finally, he offers recommendations for competition policy. The open access edition of this book was made possible by generous funding from Arcadia – a charitable fund of Lisbet Rausing and Peter Baldwin.

Author : Einar Hope
Publisher : Routledge
Page : 264 pages
File Size : 40,8 Mb
Release : 2000-08-31
Category : Business & Economics
ISBN : 9781134736430

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Competition Policy Analysis by Einar Hope Pdf

As markets become increasingly integrated and globalised, competition policy is facing new challenges. Contributions from leading international experts explore theoretical and methodological issues of practical relevance for the new competition policy order and give examples of practical policy adjustments.

Author : Manfred Neumann,Jürgen Weigand
Publisher : Edward Elgar Publishing
Page : 431 pages
File Size : 44,6 Mb
Release : 2013-01-01
Category : Law
ISBN : 9781849806060

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The International Handbook of Competition by Manfred Neumann,Jürgen Weigand Pdf

ÔThis comprehensive Handbook demonstrates that academic thinking, new and old, has a role to play in shaping modern competition policy.Õ Ð Gunnar Niels, Oxera This indispensable Handbook examines the interface of competition policy, competition law and industrial economics. The book aims to further our understanding of how economic reasoning and legal expertise complement each other in defining the fundamental issues and principles in competition policy. In specially commissioned chapters the book provides a scholarly review of economic theory, empirical evidence and standards of legal evaluation with respect to monopolization of markets, exploitation of market power and mergers, among other issues. The International Handbook of Competition Ð Second Edition will be accessible to a wide audience including students of economics and law, public administrators, lawyers, consultants, and business executives.

Author : Emmanuel Combe
Publisher : Kluwer Law International B.V.
Page : 460 pages
File Size : 48,7 Mb
Release : 2021-11-22
Category : Law
ISBN : 9789403537511

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Competition Policy by Emmanuel Combe Pdf

Competition Policy An Empirical and Economic Approach Emmanuel Combe It is a truism of competition that, paradoxically, those who were responsible for yesterday’s innovations and productivity become obstacles to future growth. This is why competition law has been assigned such an important role in modern countries—to detect and sanction anticompetitive practices that prevent the entry of new, efficient competitors. This utterly original book, which thoroughly explains competition policy using economic analyses of European and U.S. antitrust cases, illuminates the complex but crucial back-and-forth between economic theory and competition law practice. Covering the full range of competition policy, from antitrust (cartels, abuse of dominant position) to merger control, the book not only offers a general view of competition policy in Europe and the United States but also clearly explains the economic underpinnings that guide it, thus illustrating how principles are applied in practice. Issues and topics include the following: economic approach of antitrust sanctions; role of criminal sanctions and private actions; factors favoring cartel formation and stability; role of leniency policies; vertical restraints in the age of e-commerce; economic assessment of R&D and licensing agreements; detecting and sanctioning predatory pricing; exploitative and exclusionary abuses; and impact of a horizontal, vertical and conglomerate mergers on competition. All the major fields of competition policy are clearly explained, with many illustrative examples from case law. There is also a chapter presenting an overview of competition policies around the world, as well as the legal and institutional framework within which they operate. At a time of increasing public concern regarding high industrial concentration, especially in the digital sector, the question of regulating competition is returning to the forefront. Given that the concepts and tools of economic analysis are widely used by competition authorities, this book gives lawyers a clear understanding of the objectives and instruments of competition policy. It will thus enable corporate counsel, academics, and policymakers to apply or formulate competition law with increased precision in their day-to-day work.

Author : Jay P. Choi,Wonhyuk Lim,Sang-Hyop Lee
Publisher : Edward Elgar Publishing
Page : 232 pages
File Size : 51,6 Mb
Release : 2020-04-24
Category : Business & Economics
ISBN : 9781839103414

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Competition Law and Economics by Jay P. Choi,Wonhyuk Lim,Sang-Hyop Lee Pdf

In this exciting new book, an international team of experts compare market structures, in both global and Korean contexts, particularly focusing on the impact of foreign competition on market concentration and ways to improve market structure. It thoroughly investigates core competition problems, including international abuses of dominance, mergers and collusion, and vertical restraints. Contributions move beyond explaining the laws and practices of enforcement agencies, offering readers an insight into the trend of an ever-increasing interdependence among national economies, complemented by analyses of recent developments in the US and Canada.

Author : Roger J. Van den Bergh
Publisher : Edward Elgar Publishing
Page : 576 pages
File Size : 50,9 Mb
Release : 2017-09-29
Category : Antitrust law
ISBN : 9781786438317

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Comparative Competition Law and Economics by Roger J. Van den Bergh Pdf

Offering a concise and critical comparison of EU competition law and US antitrust law from an economic perspective, this is the ideal textbook for international and interdisciplinary courses combining law and economic approaches.