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Competition Policy
Theory and Practice

$202.00

  • Date Published: January 2004
  • availability: Available
  • format: Hardback
  • isbn: 9780521816632

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About the Authors
  • Offering a complete analysis of antitrust (or competition policy) issues, this study is enhanced by frequent references to antitrust cases and a few fully developed case studies. Although it can be used as an economics textbook in graduate or advanced undergraduate courses, the book is equally accessible to lawyers, practitioners, and readers interested in antitrust issues, but unfamiliar with modern economics. Technical explanations of material are relegated to separate "technical" sections that can be skipped without losing continuity.

    • Most student-friendly, up to date text on competition policy/antitrust
    • Author is excellent expositor, at the forefront of scholarly research in competition policy
    • Book covers both Europe and the US; contains exercises and some solved problems
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    Product details

    • Date Published: January 2004
    • format: Hardback
    • isbn: 9780521816632
    • length: 642 pages
    • dimensions: 234 x 156 x 35 mm
    • weight: 1.07kg
    • contains: 35 b/w illus. 19 tables
    • availability: Available
  • Table of Contents

    Part I. Competition Policy: History, Objectives and the Law:
    1. Introduction
    2. Brief history of competition policy
    3. Objectives of competition policy, and other public policies
    4. The main features of European competition law
    5. Exercises
    Part II. Market Power and Welfare: Introduction:
    6. Overview of the chapter
    7. Allocative efficiency
    8. Productive efficiency
    9. Dynamic efficiency
    10. Public policies and incentives to innovate
    11. Monopoly: will the market fix it all?
    12. Summary and policy conclusions
    13. Exercises
    14. Solutions of exercises
    Part III. Market Definition and the Assessment of Market Power:
    15. Introduction
    16. Market definition
    17. The assessment of market power
    18. Exercises
    Part IV. Collusion and Horizontal Agreements:
    19. Introduction
    20. Factors that facilitate collusion
    21. Advanced material
    22. Practice: what should be legal and what illegal?
    23. Joint-ventures and other horizontal agreements
    24. A case of parallel behaviour: wood pulp
    25. Exercises
    Part V. Horizontal Mergers:
    26. Introduction
    27. Unilateral effects
    28. Pro-collusive effects
    29. A more general model
    30. Merger remedies
    31. Merger policy in the European Union
    32. Case studies
    33. Exercises
    Part VI. Vertical Restraints and Vertical Mergers:
    34. What are vertical restraints?
    35. Intra-brand competition
    36. Inter-brand competition
    37. Anti-competitive effects: leverage and foreclosure
    38. Conclusions and policy implications
    39. Cases
    40. Exercises
    Part VII. Predation, Monopolisation, and Other Abusive Practices:
    41. Introduction
    42. Predatory pricing
    43. Non-price monopolisation practices
    44. Price discrimination
    45. US v. Microsoft
    46. Exercises
    47. Solutions of exercises
    Part VIII. A Toolkit: Game Theory and Imperfect Competition Models:
    48. Introduction
    49. Monopoly
    50. Oligopoly I: market competition in static games
    51. Oligopoly II: dynamic games
    52. Appendix.

  • Author

    Massimo Motta, European University Institute, Florence

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