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Book Cover
E-book
Author Markovits, Richard S.

Title Economics and the interpretation and application of U.S. and E.U. Antitrust Law / Richard S. Markovits. Volume I
Published Berlin ; London : Springer, 2012

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Description 1 online resource
Contents Foreword to the Two-Study Project; Foreword to This Law Study; This Law Study ́s Business-Conduct-Coverage and Distinctive Features; Contents; Part I: Introduction to Part I: Basic Concepts and Approaches; Chapter 1: The ̀̀Correct ́ ́ Definition of ̀̀the Impact of a Choice on Economic Efficiency ́ ́; 1. The Correct Definition of Economic Efficiency; 2. Why My Definition Is Correct; Chapter 2: The Components of the Difference Between a Firm ́s Price and Conventional Marginal Costs and the Intermediate Determ ... ; 1. The Price-Competition Conceptual Scheme
A. The Price-Competition Conceptual Scheme for Individualized-Pricing SituationsB. The Price-Competition Conceptual Scheme for Across-the-Board-Pricing Situations; 2. The QV-Investment-Competition Conceptual Scheme; A. The Intermediate Determinants of the Intensity of QV-Investment Competition; (1) The Profit-Rate-Differential Barrier to Entry or Expansion- \Pi D; (2) The Risk Barrier to Entry or Expansion-R; (3) The Scale Barrier to Entry or Expansion-S; (4) The Retaliation Barrier to Entry or Expansion-L
(5) The Monopolistic QV-Investment Disincentives-M0-and Incentives-M0-That a Potential Expander May Face(6) The (Natural) Oligopolistic QV-Investment Disincentives-O0-That a Potential Expander May Face; B. The Three Different Types of QV-Investment Equilibria and the Conditions for Their Generation; (1) Equilibria in Which QV Investment Exceeds the Entry-Preventing Level at the Time of Analysis; (2) Equilibria at the Time-of-Analysis Entry-Preventing QV-Investment Level; (3) Equilibria at QV-Investment Levels That Are Lower Than the Time-of-Analysis Entry-Preventing QV-Investment Level
Chapter 3: How ̀̀Monopolizing Conduct, ́ ́ ̀̀Attempts to Monopolize, ́ ́ and ̀̀Exclusionary or Foreclosing Conduct ́ ́ Should Be Def ... Chapter 4: The Actor-Coverage of, Conduct-Coverage of, Tests of Illegality Promulgated by, and Defenses Recognized by U.S. Ant ... ; 1. The Actor-Coverage of, Conduct-Coverage of, Tests of Illegality Promulgated by, and Defenses Recognized by U.S. Antitrust L ... ; A. The Sherman Antitrust Act; (1) The Sherman Act as Correctly Interpreted; (A) The Actor-Coverage of the Sherman Act; (B) The Conduct-Coverage of the Sherman Act
(C) The Test of Illegality That the Sherman Act Promulgates(D) The Defenses the Sherman Act Recognizes; (2) Five Errors That Officials and Scholars Have Made When Interpreting the Sherman Act; B. The Clayton Antitrust Act; (1) The Clayton Act as Correctly Interpreted; (A) The Actor-Coverage of the Clayton Act; (B) The Conduct-Coverage of the Clayton Act; (C) The Tests of Illegality That the Clayton Act Promulgates; (D) The Defenses That the Clayton Act Should as a Matter of Law Be Interpreted to Recognize; (2) Four Errors That Officials and Scholars Have Made When Interpreting the Clayton Act
Summary This book (1) delineates operational definitions of (A) the key concepts in the U.S.'/E.U.'s respective tests of antitrust illegality and (B) such other antitrust-law-related economic concepts as ""oligopolistic"" and ""predatory"" conduct, (2) analyzes the profitability of oligopolistic and predatory conduct and the evidence that can and cannot establish that they have been practiced, (3) explains why market definitions are inherently arbitrary and criticizes the market-oriented approaches that U.S. and E.U. antitrust-enforcement officials have used to predict the competitive impact of horizo
In (MP) Economics and the interpretation and application of U.S. and E.U. Antitrust Law nnam
Subject Antitrust law -- Economic aspects -- Europe
Antitrust law -- Economic aspects -- United States
Antitrust law -- Europe
Antitrust law -- United States
Antitrust law
Antitrust law -- Economic aspects
Europe
United States
Form Electronic book
ISBN 9783642243073
364224307X
9783642243066
3642243061