By Roger D. Blair, D. Daniel Sokol
ISBN-10: 0199859191
ISBN-13: 9780199859191
Greater than the other sector of legislation, antitrust economics shapes legislation and coverage within the usa, the Americas, Europe, and Asia. In a couple of assorted parts of antitrust, advances in concept and empirical paintings have prompted a primary reevaluation and shift of a few of the assumptions at the back of antitrust coverage. This reevaluation has profound implications for the way forward for the field.
The Oxford instruction manual of overseas Antitrust Economics has gathered chapters from some of the major figures in antitrust. In doing so, this quantity instruction manual offers an enormous reference advisor for students, lecturers, and practitioners. even if, it truly is greater than a in basic terms reference advisor. fairly, it has a couple of diverse pursuits. First, it takes inventory of the present country of scholarship throughout a couple of assorted antitrust themes. In doing so, it is predicated essentially upon the economics scholarship. In a few events, notwithstanding, there's additionally assurance of criminal scholarship, case legislations advancements, and criminal policies.
The moment target of the instruction manual is to supply a few principles approximately destiny instructions of antitrust scholarship and coverage. Antitrust economics has advanced over the past 60 years. It has either formed coverage and been formed by means of coverage. The Oxford guide of foreign Antitrust Economics will function a coverage and learn consultant of subsequent steps to contemplate whilst shaping the way forward for the sector of antitrust.
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Additional resources for The Oxford Handbook of International Antitrust Economics, Volume 1
Example text
EU Nod to Buy Motorola Mobility. Reuters. com/article/2012/02/14/us-google-motorolaeu-idUSTRE81C1HE20120214. Becker, Gary S. 1968. Crime and Punishment: An Economic Approach. Journal of Political Economy 76: 169–217. Kleit. 1995. The Political Economy of Federal Trade Commission Administrative Decision Making in Merger Enforcement. Federal Trade Commission Working Paper 210. pdf. Connor, John. 2001. Global Price Fixing: Our Customers Are the Enemy. Boston, MA: Kluwer Academic Publishers. Economides, Nicholas, and Ioannis Lianos.
The evidence required to prove predatory intent includes objective factors, such as the duration of the predatory period and the number of units sold at the allegedly predatory price. Hylton defendant to disprove predatory intent when price is below average cost and above average variable cost. The difference between the US and EU standards on price predation reduces to this: the United States uses a marginal cost test and the EU uses an average cost test. 2 illustrates the fundamental differences between the United States and EU with respect to predation.
Certain constraints of trade raise the level of economic welfare, fines could fully compensate society for the harm done, and yet some constraints would not cease, because the gain to participants would exceed the harm to others”). Antitrust Enforcement Regimes 21 necessary to generate such an estimate may be unavailable. In such a case, where the risk of error is substantial, it is important to identify the precise policy basis for punishment. 3. Actual Punishment Policies The actual punishment policies of the US and EU systems do not closely follow the prescriptions of optimal punishment theory.
The Oxford Handbook of International Antitrust Economics, Volume 1 by Roger D. Blair, D. Daniel Sokol
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