Antitrust is a body of law and policy designed to promote economic competition by regulating monopolistic functions and this book is a philosophical study of concepts that lie at the foundation of antitrust law. Although there are many legal and economic books on the subject, it is unique in its philosophical scrutiny of basic concepts. The volume is primarily directed at students, theorists and practitioners of antitrust, but will also be useful to lawyers, economists, philosophers, political scientists and others who have an interest in the discipline.
Preface; Introduction; 1. What is competition?; 2. Competition and welfare; 3. Per se rules and rules of reason; 4. Agreements; 5. Concerted practices; 6. The spectrum from independent action to collusion; References; Index.