Conceptual Foundations of Antitrust

Oliver Black

doi:10.1017/CBO9780511494666

This is a philosophical study of concepts that lie at the foundation of antitrust - a body of law and policy designed to promote or protect economic competition. Topics covered are: the nature of competition; the relation between competition and welfare; the distinction between per se rules and rules of reason; agreements; concerted practices; and the spectrum from independent action to collusion. Although there are many legal and economic books on antitrust, this is the first book devoted to the philosophical scrutiny of the concepts that underpin it. No prior knowledge of philosophy is presupposed. The book 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.

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Conceptual Foundations of Antitrust

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Contents

Frontmatter
pp i-iv

Contents
pp v-vi

Preface
pp vii-viii

Introduction
pp 1-5

1 - What is competition?
pp 6-32

2 - Competition and welfare
pp 33-61

3 - Per se rules and rules of reason
pp 62-93

4 - Agreements
pp 94-140

5 - Concerted practices
pp 141-183

6 - The spectrum from independent action to collusion
pp 184-193

References
pp 194-214

Index
pp 215-222

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Conceptual Foundations of Antitrust

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