Antitrust Law and Economics

Antitrust Law and Economics

What has become of the old antitrust doctrine, what are the new issues for the immediate future? This book brings together the leading experts to examine this silent revolution at the core of US domestic policy.

Author: Keith N. Hylton

Publisher: Edward Elgar Publishing

ISBN: 9781849805285

Category: Law

Page: 298

View: 637

In this outstanding new book Professor Keith Hylton and his collaborators examine what antitrust law has become over the past ten years, a time in which economic analysis has become its undisputed core. What has become of the old antitrust doctrine, what are the new issues for the immediate future? This book brings together the leading experts to examine this silent revolution at the core of US domestic policy. Mark Grady, UCLA School of Law, US Hylton s Antitrust Law and Economics brings together many of the best authors writing in antitrust today. Their essays range widely, covering proof of agreement under the Sherman Act, group boycotts, monopolization and essential facilities, tying and other vertical restraints, and merger policy. The writing is clear, accessible but still technically sophisticated and comprehensive. This book represents the best in contemporary antitrust scholarship, by authors who understand and are able to communicate the centrality of economic analysis to antitrust. No antitrust lawyer, serious antitrust student, or antitrust economist should be without this book. Herbert Hovenkamp, University of Iowa College of Law, US This comprehensive book provides an extensive overview of the major topics of antitrust law from an economic perspective. Its in-depth treatment and analysis of both the law and economics of antitrust is presented via a collection of interconnected original essays. The contributing authors are among the most influential scholars in antitrust, with a rich diversity of backgrounds. Their entries cover, amongst other issues, predatory pricing, essential facilities, tying, vertical restraints, enforcement, mergers, market power, monopolization standards, and facilitating practices. This well-organized and substantial work will be invaluable to professors of American antitrust law and European competition law, as well as students specializing in competition law. It will also be an important reference for professors and graduate students of economics and business.
Categories: Law

Competition Law Innovation and Antitrust

Competition Law  Innovation and Antitrust

This is a comprehensive treatment of its subject and an indispensible aid to the competition law scholar or practitioner.

Author: Hedvig Schmidt

Publisher: Edward Elgar Publishing

ISBN: 9781849802352

Category: Law

Page: 304

View: 614

. . . a must-read for anyone wanting to study tying in more detail. . . the book offers a very thorough analysis of tying, together with some recommended improvements to the way in which tying is currently assessed under the EU and the US antitrust rules. Common Market Law Review Schmidt s Competition Law, Innovation and Antitrust is a superb introduction to the subject of tying arrangements and other bundled sales in high technology markets, principally as they are treated under US antitrust law and EU competition law. Schmidt thoroughly assesses the economics of such arrangements, the benefits they confer and the potential harms they impose, and then gives a positive introduction to the law. This is a comprehensive treatment of its subject and an indispensible aid to the competition law scholar or practitioner. Herbert Hovenkamp, University of Iowa, College of Law, US This innovative book assesses the hotly debated topic of tying from three different perspectives: competition law, economics and intellectual property rights. It highlights the faults and benefits of the current approaches to tying under EC competition law and US antitrust law. In the light of modern economic thinking, the recent review of Article 82 EC, and Sherman Act, Section 2, the author identifies a more economic approach to tying that moves away from the per se illegality label that has so far impinged on tying case law. Hedvig Schmidt recognizes the significance that tying can play on innovation and product development, and thus suggests a new approach which carves out a safe haven for technological integrated products to ensure continuous stimulation of innovation. With comparative assessments and investigations, this book is a must-read for academics specializing in competition law and theory, as well as practitioners and policy-makers of competition law and intellectual property.
Categories: Law

Real Estate Finance Law

Real Estate Finance Law

Hornbook Series and Basic Legal Texts Nutshell Series of WEST PUBLISHING COMPANY P.O. Box 64526 St. Patd, ... 660 .pages, 1979, with 1983 Supplement (Casebook) ANTITRUST LAW Gellhom's Antitrust Law and Economics in a Nutshell, 2nd Ed., ...

Author: Grant S. Nelson

Publisher: West Group

ISBN: STANFORD:36105043873780

Category: Bankruptcy

Page: 1100

View: 806

Categories: Bankruptcy

Research Handbook on the Economics of Antitrust Law

Research Handbook on the Economics of Antitrust Law

Yet the field is surprisingly dynamic and changing. The specially commissioned chapters in this landmark volume offer a rigorous analysis of the field's most current and contentious issues.

Author: Einer Elhauge

Publisher: Edward Elgar Publishing

ISBN: 9780857938091

Category: Law

Page: 424

View: 875

One might mistakenly think that the long tradition of economic analysis in antitrust law would mean there is little new to say. Yet the field is surprisingly dynamic and changing. The specially commissioned chapters in this landmark volume offer a rigorous analysis of the field's most current and contentious issues. Focusing on those areas of antitrust economics that are most in flux, leading scholars discuss topics such as: mergers that create unilateral effects or eliminate potential competition; whether market definition is necessary; tying, bundled discounts, and loyalty discounts; a new theory of predatory pricing; assessing vertical price-fixing after Leegin; proving horizontal agreements after Twombly; modern analysis of monopsony power; the economics of antitrust enforcement; international antitrust issues; antitrust in regulated industries; the antitrust-patent intersection; and modern methods for measuring antitrust damages. Students and scholars of law and economics, law practitioners, regulators, and economists with an interest in industrial organization and consulting will find this seminal Handbook an essential and informative resource.
Categories: Law

Corporate Practice Series

Corporate Practice Series

2005 ) SCHERER & Ross , INDUSTRIAL MARKET STRUCTURE AND EcoNOMIC PERFORMANCE ( Houghton Mifflin Co . 3d ed . ... Inc . 2007 ) GELLHORN ET AL . , ANTITRUST LAW AND ECONOMICS IN A NUTSHELL ( West Publ ' g Group 5th ed .

Author:

Publisher:

ISBN: STANFORD:36105063989706

Category: Corporation law

Page: 318

View: 552

Categories: Corporation law

Law and Economics in a Nutshell

Law and Economics in a Nutshell

This guide provides expert coverage of the classic issues, including basic price theory; definitions of efficiency; the Coase Theorem; and the economics of contract law, tort law, criminal law, regulation, antitrust, and intellectual ...

Author: Jeffrey L. Harrison

Publisher: West Academic

ISBN: 0314267530

Category: Law

Page: 466

View: 115

This guide provides expert coverage of the classic issues, including basic price theory; definitions of efficiency; the Coase Theorem; and the economics of contract law, tort law, criminal law, regulation, antitrust, and intellectual property. The text also discusses less conventional topics such as public choice, what it means to be a rational maximizer of self-interest, the assumptions underlying economic analysis as applied to law, limitations on the application of economic theory to law, the theory of second best, the prisoner's dilemma, the economics of marriage, the economics of inheritance, evolutionary theories of law, the economics of settlement, and the implications of recent research into happiness.
Categories: Law

New Developments in Competition Law and Economics

New Developments in Competition Law and Economics

This book further develops both the traditional and the behavioural approach to competition law, and applies these approaches to a variety of timely issues.

Author: Klaus Mathis

Publisher: Springer

ISBN: 9783030116118

Category: Law

Page: 355

View: 799

This book further develops both the traditional and the behavioural approach to competition law, and applies these approaches to a variety of timely issues. It discusses several fundamental questions regarding competition law and economics, and explores the applications of competition law and economics. In turn, the book analyses the interplay of intellectual property rights and patents in various aspects of competition law, and investigates the impacts that developments in information technology, such as big data analytics, have on competition law. The book also discusses the impact of energy law reforms on energy markets from a competition law perspective. Competition law is a classic field of economic analysis. This is largely due to the fact that competition law uses terms such as market, price, and competition and must therefore rely on economic know-how and analyses. In the United States, economic analysis has greatly influenced not just the scholarship on antitrust law, but also judicial decisions and agency enforcement. Antitrust law and economics are based on the traditional paradigm of neoclassical economics, which relies on the assumption that the market players, i.e. consumers and producers, are rational. This approach to competition law was later received in Europe under the banner of a “more economic approach”. For the past two decades, behavioural law and economics, which seeks to generate better insights into legal phenomena by providing more realistic psychological foundations for economic models, and to offer a multitude of applications in legislation and legal adjudication, has challenged the traditional economic approach to law in general and, more recently, to competition law specifically.
Categories: Law

Monopsony in Law and Economics

Monopsony in Law and Economics

This book explains why monopsonists can be harmful and the way law has developed to respond to these harms.

Author: Roger D. Blair

Publisher: Cambridge University Press

ISBN: 9781139490979

Category: Business & Economics

Page:

View: 905

Most readers are familiar with the concept of a monopoly. A monopolist is the only seller of a good or service for which there are not good substitutes. Economists and policy makers are concerned about monopolies because they lead to higher prices and lower output. The topic of this book is monopsony, the economic condition in which there is one buyer of a good or service. It is a common misunderstanding that if monopolists raise prices, then monopsonists must lower them. It is true that a monopsonist may force sellers to sell to them at lower prices, but this does not mean consumers are better off as a result. This book explains why monopsonists can be harmful and the way law has developed to respond to these harms.
Categories: Business & Economics

Comparative Competition Law and Economics

Comparative Competition Law and Economics

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.

Author: Roger J. Van den Bergh

Publisher: Edward Elgar Publishing

ISBN: 9781786438317

Category: Antitrust law

Page: 576

View: 346

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.
Categories: Antitrust law