Competition Policy

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Release : 2004-01-12
Genre : Business & Economics
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Book Rating : 919/5 ( reviews)

Competition Policy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Competition Policy write by Massimo Motta. This book was released on 2004-01-12. Competition Policy available in PDF, EPUB and Kindle. This is the first book to provide a systematic treatment of the economics of antitrust (or competition policy) in a global context. It draws on the literature of industrial organisation and on original analyses to deal with such important issues as cartels, joint-ventures, mergers, vertical contracts, predatory pricing, exclusionary practices, and price discrimination, and to formulate policy implications on these issues. The interaction between theory and practice is one of the main features of the book, which contains frequent references to competition policy cases and a few fully developed case studies. The treatment is written to appeal to practitioners and students, to lawyers and economists. It is not only a textbook in economics for first year graduate or advanced undergraduate courses, but also a book for all those who wish to understand competition issues in a clear and rigorous way. Exercises and some solved problems are provided.

Global Competition Policy

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Release : 1997
Genre : Business & Economics
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Book Rating : 661/5 ( reviews)

Global Competition Policy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Global Competition Policy write by Edward Montgomery Graham. This book was released on 1997. Global Competition Policy available in PDF, EPUB and Kindle. There is growing consensus among international trade negotiators and policymakers that a prime area for future multilateral discussion is competition policy. Competition policy includes antitrust policy (including merger regulation and control) but is often extended to include international trade measures and other policies that affect the structure, conduct, and performance of individual industries. This study includes country studies of competition policy in Western Europe, North America, and the Far East (with a focus on Japan) in the light of increasingly globalized activities of business firms. Areas where there are major differences in philosophy, policy, or practice are identified, with emphasis on those differences that could lead to economic costs and international friction. Alternatives for eliminating these costs and frictions are discussed, including unilateral policy changes, bilateral or multilateral harmonization of policies, and creation of new international regimes to supplement or replace national or regional regimes.

Innovation Matters

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Release : 2020-07-14
Genre : Business & Economics
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Book Rating : 62X/5 ( reviews)

Innovation Matters - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Innovation Matters write by Richard J. Gilbert. This book was released on 2020-07-14. Innovation Matters available in PDF, EPUB and Kindle. A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and available 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.

The Making of Competition Policy

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Release : 2013-01-30
Genre : Business & Economics
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Book Rating : 560/5 ( reviews)

The Making of Competition Policy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Making of Competition Policy write by Daniel A. Crane. This book was released on 2013-01-30. The Making of Competition Policy available in PDF, EPUB and Kindle. 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.

The Theory of Collusion and Competition Policy

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Release : 2017-11-16
Genre : Business & Economics
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Book Rating : 932/5 ( reviews)

The Theory of Collusion and Competition Policy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Theory of Collusion and Competition Policy write by Joseph E. Harrington, Jr.. This book was released on 2017-11-16. The Theory of Collusion and Competition Policy available in PDF, EPUB and Kindle. A review of the theoretical research on unlawful collusion, focusing on the impact and optimal design of competition law and enforcement. Collusion occurs when firms in a market coordinate their behavior for the purpose of producing a supracompetitive outcome. The literature on the theory of collusion is deep and broad but most of that work does not take account of the possible illegality of collusion. Recently, there has been a growing body of research that explicitly focuses on collusion that runs afoul of competition law and thereby makes firms potentially liable for penalties. This book, by an expert on the subject, reviews the theoretical research on unlawful collusion, with a focus on two issues: the impact of competition law and enforcement on whether, how long, and how much firms collude; and the optimal design of competition law and enforcement. The book begins by discussing general issues that arise when models of collusion take into account competition law and enforcement. It goes on to consider game-theoretic models that encompass the probability of detection and penalties incurred when convicted, and examines how these policy instruments affect the frequency of cartels, cartel duration, cartel participation, and collusive prices. The book then considers the design of competition law and enforcement, examining such topics as the formula for penalties and leniency programs. The book concludes with suggested future lines of inquiry into illegal collusion.