The Antitrust Revolution

Author: John E. Kwoka
Publisher: Oxford University Press, USA
ISBN: 0190668830
Release Date: 2018-07-13
Genre: Business & Economics

Revised edition of The antitrust revolution, [2014]

The Antitrust Revolution

Author: John E. Kwoka
Publisher: Oxford University Press, USA
ISBN: 0199315493
Release Date: 2013
Genre: Business & Economics

Fully updated to reflect important developments in antitrust economics, The Antitrust Revolution, Sixth Edition, examines the critical role of economic analysis in recent antitrust case decisions and policy. The case studies--more than half of which are entirely new--are written by prominent economists who participated in the proceedings of that case. Revised overview essays introduce the economics and law that are associated with the four sections: Horizontal Structure, Horizontal Practices, Vertical and Related Market Issues, and Network Issues. New to this edition: Appendices for several chapters now provide readers with greater depth in theoretical or empirical treatment of the issues in those chapters.

The Antitrust Revolution

Author: John E. Kwoka
Publisher: Oxford University Press, USA
ISBN: 0195161181
Release Date: 2004
Genre: Business & Economics

The Antitrust Revolution: Economics, Competition, and Policy, 4/e,consists of a set of twenty original essays on important recent antitrust cases,commissioned and edited by John E. Kwoka, Jr. and Lawrence J. White. Each essaydiscusses a single case and was written by an economist who actuallyparticipated in the case. The cases are organized into three major sections:horizontal structure; horizontal practices; and vertical and complementarymarket issues. Each section has an introductory/overview essay written by theeditors.This collection is a unique resource. No other book provides such detailedeconomic analyses of antitrust cases. No other book provides the comprehensivecoverage of recent and emerging issues as does this volume. None draws on theexperience and reputation of so many leading economists to explain the analysesthat underlay the arguments in their cases.The Antitrust Revolution, 4/e, can be used in undergraduate and graduateclasses in industrial organization, government policy, and antitrust/regulationlaw and economics. It is also a useful reference book for lawyers andeconomists--both academics and practitioners--who are interested in the types ofeconomic analyses that have been applied in recent antitrust cases.For this fourth edition, fourteen new cases have been added, and six casesfrom the third edition have been updated and shortened. Among the importantrecent antitrust cases covered in the book are the British Petroleum/ARCO merger(2000), Toys "R" S (2000), American Airlines (2001), US vs. Microsoft (2001),and AOL Time Warner (2000).

Mergers Merger Control and Remedies

Author: John Kwoka
Publisher: MIT Press
ISBN: 9780262028486
Release Date: 2014-12-19
Genre: Business & Economics

In recent decades, antitrust investigations and cases targeting mergers -- including those involving Google, Ticketmaster, and much of the domestic airline industry -- have reshaped industries and changed business practices profoundly. And yet there has been a relative dearth of detailed evaluations of the effects of mergers and the effectiveness of merger policy. In this book, John Kwoka, a noted authority on industrial organization, examines all reliable empirical studies of the effect of specific mergers and develops entirely new information about the policies and remedies of antitrust agencies regarding these mergers. Combined with data on outcomes, this policy information enables analysis of, and creates new insights into, mergers, merger policies, and the effectiveness of remedies in preventing anticompetitive outcomes.After an overview of mergers, merger policy, and a common approach to merger analysis, Kwoka offers a detailed analysis of the studied mergers, relevant policies, and chosen remedies. Kwoka finds, first and foremost, that most of the studied mergers resulted in competitive harm, usually in the form of higher product prices but also with respect to various non-price outcomes. Other important findings include the fact that joint ventures and code sharing arrangements do not result in such harm and that policies intended to remedy mergers -- especially conduct remedies -- are not generally effective in restraining price increases. The book's uniquely comprehensive analysis advances our understanding of merger decisions and policies, suggests policy improvements for competition agencies and remedies, and points the way to future research.

Economics of Regulation and Antitrust

Author: W. Kip Viscusi
Publisher: MIT Press
ISBN: 9780262287326
Release Date: 2005-08-19
Genre: Business & Economics

This new edition of the leading text on business and government focuses on the insights economic reasoning can provide in analyzing regulatory and antitrust issues. Departing from the traditional emphasis on institutions, Economics of Regulation and Antitrust asks how economic theory and empirical analyses can illuminate the character of market operation and the role for government action and brings new developments in theory and empirical methodology to bear on these questions.The fourth edition has been substantially revised and updated throughout, with new material added and extended discussion of many topics. Part I, on antitrust, has been given a major revision to reflect advances in economic theory and recent antitrust cases, including the case against Microsoft and the Supreme Court's Kodak decision. Part II, on economic regulation, updates its treatment of the restructuring and deregulation of the telecommunications and electric power industries, and includes an analysis of what went wrong in the California energy market in 2000 and 2001. Part III, on social regulation, now includes increased discussion of risk-risk analysis and extensive changes to its discussion of environmental regulation. The many case studies included provide students not only pertinent insights for today but also the economic tools to analyze the implications of regulations and antitrust policies in the future.The book is suitable for use in a wide range of courses in business, law, and public policy, for undergraduates as well at the graduate level. The structure of the book allows instructors to combine the chapters in various ways according to their needs. Presentation of more advanced material is self-contained. Each chapter concludes with questions and problems.

Competition Policy

Author: Massimo Motta
Publisher: Cambridge University Press
ISBN: 0521016916
Release Date: 2004-01-12
Genre: Business & Economics

The first book offering a systematic treatment of the economics of antitrust or competition policy.

Quantitative Techniques for Competition and Antitrust Analysis

Author: Peter Davis
Publisher: Princeton University Press
ISBN: 9781400831869
Release Date: 2009-11-16
Genre: Business & Economics

This book combines practical guidance and theoretical background for analysts using empirical techniques in competition and antitrust investigations. Peter Davis and Eliana Garcés show how to integrate empirical methods, economic theory, and broad evidence about industry in order to provide high-quality, robust empirical work that is tailored to the nature and quality of data available and that can withstand expert and judicial scrutiny. Davis and Garcés describe the toolbox of empirical techniques currently available, explain how to establish the weight of pieces of empirical work, and make some new theoretical contributions. The book consistently evaluates empirical techniques in light of the challenge faced by competition analysts and academics--to provide evidence that can stand up to the review of experts and judges. The book's integrated approach will help analysts clarify the assumptions underlying pieces of empirical work, evaluate those assumptions in light of industry knowledge, and guide future work aimed at understanding whether the assumptions are valid. Throughout, Davis and Garcés work to expand the common ground between practitioners and academics.

Cases in European Competition Policy

Author: Bruce Lyons
Publisher: Cambridge University Press
ISBN: 9781139481069
Release Date: 2009-08-27
Genre: Business & Economics

Competition between firms is usually the most effective way of delivering economic efficiency and what consumers want. However, there is a balance to be struck. Firms must not be over-regulated and so hampered in their development of innovative products and new strategies to compete for customers. Nor must they be completely free to satisfy a natural preference for monopoly, which would give them higher profits and a quieter life. The economic role of competition policy (control of anticompetitive agreements, mergers and abusive practices) is to maintain this balance, and an effective policy requires a nuanced understanding of the economics of industrial organization. Cases in European Competition Policy demonstrates how economics is used (and sometimes abused) in competition cases in practical competition policy across Europe. Each chapter summarizes a real case investigated by the European Commission or a national authority, and provides a critique of key aspects of the economic analysis.

Lectures on Antitrust Economics

Author: Michael Dennis Whinston
Publisher: MIT Press (MA)
ISBN: 0262731878
Release Date: 2008
Genre: Business & Economics

An account of the economics behind antitrust law, discussing recent developments in the areas of price fixing, horizontal mergers, and exclusionary vertical contracts.

The Antitrust Revolution in Europe

Author: Lee McGowan
Publisher: Edward Elgar Publishing
ISBN: 9781849807012
Release Date: 2010-01-01
Genre: Law

Lee McGowans authoritative book is a very welcome addition to the literature ondevelopments in European antitrust. It focuses primarily on EU supernational cartel policy, providing a fascinating, critical account of why policy developed as it has and of its effectiveness in detecting, punishing and deterring cartelists to the present. With its emphasis on institutional structures and decision makingprocesses and its use of examples, the book will be an invaluable reference for political scientists and should also attract a wide readership among economists and lawyers. - Eleanor J. Morgan, University of Bath, UK.

Antitrust Economics

Author: Roger D. Blair
Publisher: Oxford University Press, USA
ISBN: STANFORD:36105064259976
Release Date: 2009
Genre: Law

This book provides a thorough treatment of the economic theory that guides and motivates the design and enforcement of American antitrust laws. Along with a comprehensive analysis of both horizontal and vertical antitrust issues, economic theory is used to evaluate antitrust policy through the examination of relevant legislation and landmark cases. Theory is discussed through its relation to policy issues, and in turn, the role of theory in the development of new policy is examined.

Market Regulation

Author: Roger Sherman
Publisher: Addison-Wesley
ISBN: 0321322320
Release Date: 2008
Genre: Business & Economics

Market Regulation gives students the economic intuition to analyze the history of antitrust and regulation, diagnose current corporate strategy, and evaluate possible policy recommendations. Roger Sherman grounds modern examples in historical context and develops thought-provoking discussions to motivate students from many different majors. The structure of the text can easily be adapted for use in a variety of courses. Three main sections-antitrust, industry regulation, and social regulation-present the basic theories. The industry regulation chapters (Part II) are self-contained for flexibility, covering specific industries such as communications, postal service, and energy.

Industrial Organization in Context

Author: Stephen Martin
Publisher: Oxford University Press
ISBN: 9780199291199
Release Date: 2010-04-22
Genre: Business & Economics

This eagerly anticipated text from one of the worlds' leading academics in this field takes a truly international approach to this fascinating subject, providing a balanced approach to both EU competition policy and US antitrust. The structure of the text allows flexibility for the teacher, sothat they can teach from either a US, European approach or incorporate both. The text also includes contemporary topics not found in other texts of this kind such as Contestable Markets and Experimental Economics.To help instructors teach from this text, an Instructors Manual, PowerPoint Slides, and a Multiple-Choice Test bank are available to instructors from the supporting Online Resource Centre.

The Oxford Handbook of International Antitrust Economics

Author: Roger D. Blair
Publisher: Oxford Handbooks
ISBN: 9780199859191
Release Date: 2015
Genre: Business & Economics

More than any other area of regulation, antitrust economics shapes law and policy in the United States, the Americas, Europe, and Asia. In a number of different areas of antitrust, advances in theory and empirical work have caused a fundamental reevaluation and shift of some of the assumptions behind antitrust policy. This reevaluation has profound implications for the future of the field. The Oxford Handbook of International Antitrust Economics has collected chapters from many of the leading figures in antitrust. In doing so, this two volume Handbook provides an important reference guide for scholars, teachers, and practitioners. However, it is more than a merely reference guide. Rather, it has a number of different goals. First, it takes stock of the current state of scholarship across a number of different antitrust topics. In doing so, it relies primarily upon the economics scholarship. In some situations, though, there is also coverage of legal scholarship, case law developments, and legal policies. The second goal of the Handbook is to provide some ideas about future directions of antitrust scholarship and policy. Antitrust economics has evolved over the last 60 years. It has both shaped policy and been shaped by policy. The Oxford Handbook of International Antitrust Economics will serve as a policy and research guide of next steps to consider when shaping the future of the field of antitrust.

U S Public Policy Toward Network Industries

Author: Lawrence J. White
Publisher: American Enterprise Institute
ISBN: 0844771406
Release Date: 1999-01-01
Genre: Business & Economics

This volume shows that the public policy concerns are not accidental, because such industries often embody two major and widely recognized forms of potential market failure