Predatory Pricing in a Market Economy

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Publisher :
ISBN 13 :
Total Pages : 820 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis Predatory Pricing in a Market Economy by : Roland H. Koller

Download or read book Predatory Pricing in a Market Economy written by Roland H. Koller and published by . This book was released on 1969 with total page 820 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Multi-dimensional Approaches Towards New Technology

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Publisher : Springer
ISBN 13 : 981131232X
Total Pages : 337 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis Multi-dimensional Approaches Towards New Technology by : Ashish Bharadwaj

Download or read book Multi-dimensional Approaches Towards New Technology written by Ashish Bharadwaj and published by Springer. This book was released on 2018-07-23 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access edited book captures the complexities and conflicts arising at the interface of intellectual property rights (IPR) and competition law. To do so, it discusses four specific themes: (a) policies governing functioning of standard setting organizations (SSOs), transparency and incentivising future innovation; (b) issue of royalties for standard essential patents (SEPs) and related disputes; (c) due process principles, procedural fairness and best practices in competition law; and (d) coherence of patent policies and consonance with competition law to support innovation in new technologies. Many countries have formulated policies and re-oriented their economies to foster technological innovation as it is seen as a major source of economic growth. At the same time, there have been tensions between patent laws and competition laws, despite the fact that both are intended to enhance consumer welfare. In this regard, licensing of SEPs has been debated extensively, although in most instances, innovators and implementers successfully negotiate licensing of SEPs. However, there have been instances where disagreements on royalty base and royalty rates, terms of licensing, bundling of patents in licenses, pooling of licenses have arisen, and this has resulted in a surge of litigation in various jurisdictions and also drawn the attention of competition/anti-trust regulators. Further, a lingering lack of consensus among scholars, industry experts and regulators regarding solutions and techniques that are apposite in these matters across jurisdictions has added to the confusion. This book looks at the processes adopted by the competition/anti-trust regulators to apply the principles of due process and procedural fairness in investigating abuse of dominance cases against innovators.

Predatory Pricing in Antitrust Law and Economics

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Publisher : Routledge
ISBN 13 : 1317859634
Total Pages : 397 pages
Book Rating : 4.3/5 (178 download)

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Book Synopsis Predatory Pricing in Antitrust Law and Economics by : Nicola Giocoli

Download or read book Predatory Pricing in Antitrust Law and Economics written by Nicola Giocoli and published by Routledge. This book was released on 2014-01-10 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can a price ever be too low? Can competition ever be ruinous? Questions like these have always accompanied American antitrust law. They testify to the difficulty of antitrust enforcement, of protecting competition without protecting competitors. As the business practice that most directly raises these kinds of questions, predatory pricing is at the core of antitrust debates. The history of its law and economics offers a privileged standpoint for assessing the broader development of antitrust, its past, present and future. In contrast to existing literature, this book adopts the perspective of the history of economic thought to tell this history, covering a period from the late 1880s to present times. The image of a big firm, such as Rockefeller’s Standard Oil or Duke’s American Tobacco, crushing its small rivals by underselling them is iconic in American antitrust culture. It is no surprise that the most brilliant legal and economic minds of the last 130 years have been engaged in solving the predatory pricing puzzle. The book shows economic theories that build rigorous stories explaining when predatory pricing may be rational, what welfare harm it may cause and how the law may fight it. Among these narratives, a special place belongs to the Chicago story, according to which predatory pricing is never profitable and every low price is always a good price.

The Antitrust Paradox

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Publisher :
ISBN 13 : 9781736089712
Total Pages : 536 pages
Book Rating : 4.0/5 (897 download)

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Book Synopsis The Antitrust Paradox by : Robert Bork

Download or read book The Antitrust Paradox written by Robert Bork and published by . This book was released on 2021-02-22 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.

Research Handbook on the Economics of Antitrust Law

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Publisher : Edward Elgar Publishing
ISBN 13 : 0857938096
Total Pages : 425 pages
Book Rating : 4.8/5 (579 download)

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Book Synopsis Research Handbook on the Economics of Antitrust Law by : Einer Elhauge

Download or read book Research Handbook on the Economics of Antitrust Law written by Einer Elhauge and published by Edward Elgar Publishing. This book was released on 2012 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: One might mistakenly think that the long tradition of economic analysis in antitrust law would mean there is little new to say. Yet the field is surprisingly dynamic and changing. The specially commissioned chapters in this landmark volume offer a rigorous analysis of the field's most current and contentious issues. Focusing on those areas of antitrust economics that are most in flux, leading scholars discuss topics such as: mergers that create unilateral effects or eliminate potential competition; whether market definition is necessary; tying, bundled discounts, and loyalty discounts; a new theory of predatory pricing; assessing vertical price-fixing after Leegin; proving horizontal agreements after Twombly; modern analysis of monopsony power; the economics of antitrust enforcement; international antitrust issues; antitrust in regulated industries; the antitrust-patent intersection; and modern methods for measuring antitrust damages. Students and scholars of law and economics, law practitioners, regulators, and economists with an interest in industrial organization and consulting will find this seminal Handbook an essential and informative resource.

Are Predatory Commitments Credible?

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Publisher : University of Chicago Press
ISBN 13 : 9780226493558
Total Pages : 196 pages
Book Rating : 4.4/5 (935 download)

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Book Synopsis Are Predatory Commitments Credible? by : John R. Lott

Download or read book Are Predatory Commitments Credible? written by John R. Lott and published by University of Chicago Press. This book was released on 1999-07 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Predatory pricing has long been a contentious issue among lawmakers and economists. Legal actions are continually brought against companies. But the question remains: how likely are firms to cut prices in order to drive rivals out of business? Predatory firms risk having to keep prices below cost for such an extended period that it would become cost-prohibitive. Recently, economists have turned to game theory to examine circumstances under which predatory tactics could be profitable. John R. Lott, Jr. provides long-awaited empirical analysis in this book. By examining firms accused of or convicted of predation over a thirty-year period of time, he shows that these firms are not organized as the game-theoretic or other models of predation would predict. In contrast, what evidence exists for predation suggests that government enterprises are more of a threat. Lott presents crucial new data and analysis, attacking an issue of major legal and economic importance. This impressive work will be of great interest to economists, legal scholars, and antitrust policy makers.

The World of Economics

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Publisher : Springer
ISBN 13 : 1349213152
Total Pages : 766 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis The World of Economics by : John Eatwell

Download or read book The World of Economics written by John Eatwell and published by Springer. This book was released on 1991-05-13 with total page 766 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the central questions of economics and how do economists tackle them? This book aims to answer these questions in 100 essays, written by economists and selected from "The New Palgrave: A Dictionary of Economics". It shows how economists deal with issues ranging from trade to taxation.

Strategy, Predation, and Antitrust Analysis

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Publisher :
ISBN 13 :
Total Pages : 772 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Strategy, Predation, and Antitrust Analysis by : Steven C. Salop

Download or read book Strategy, Predation, and Antitrust Analysis written by Steven C. Salop and published by . This book was released on 1981 with total page 772 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Chain Store Paradox

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Publisher :
ISBN 13 :
Total Pages : 82 pages
Book Rating : 4.:/5 (763 download)

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Book Synopsis The Chain Store Paradox by : Reinhard Selten

Download or read book The Chain Store Paradox written by Reinhard Selten and published by . This book was released on 1974 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Predatory Pricing

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Publisher : Organisation for Economic Co-operation and Development ; [Washington, D.C. : OECD Publications and Information Centre
ISBN 13 :
Total Pages : 118 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Predatory Pricing by : Organisation for Economic Co-operation and Development

Download or read book Predatory Pricing written by Organisation for Economic Co-operation and Development and published by Organisation for Economic Co-operation and Development ; [Washington, D.C. : OECD Publications and Information Centre. This book was released on 1989 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes bibliography

Competition Policy

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Publisher : Kluwer Law International B.V.
ISBN 13 : 9403537515
Total Pages : 460 pages
Book Rating : 4.4/5 (35 download)

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Book Synopsis Competition Policy by : Emmanuel Combe

Download or read book Competition Policy written by Emmanuel Combe and published by Kluwer Law International B.V.. This book was released on 2021-11-22 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition Policy An Empirical and Economic Approach Emmanuel Combe It is a truism of competition that, paradoxically, those who were responsible for yesterday’s innovations and productivity become obstacles to future growth. This is why competition law has been assigned such an important role in modern countries—to detect and sanction anticompetitive practices that prevent the entry of new, efficient competitors. This utterly original book, which thoroughly explains competition policy using economic analyses of European and U.S. antitrust cases, illuminates the complex but crucial back-and-forth between economic theory and competition law practice. Covering the full range of competition policy, from antitrust (cartels, abuse of dominant position) to merger control, the book not only offers a general view of competition policy in Europe and the United States but also clearly explains the economic underpinnings that guide it, thus illustrating how principles are applied in practice. Issues and topics include the following: economic approach of antitrust sanctions; role of criminal sanctions and private actions; factors favoring cartel formation and stability; role of leniency policies; vertical restraints in the age of e-commerce; economic assessment of R&D and licensing agreements; detecting and sanctioning predatory pricing; exploitative and exclusionary abuses; and impact of a horizontal, vertical and conglomerate mergers on competition. All the major fields of competition policy are clearly explained, with many illustrative examples from case law. There is also a chapter presenting an overview of competition policies around the world, as well as the legal and institutional framework within which they operate. At a time of increasing public concern regarding high industrial concentration, especially in the digital sector, the question of regulating competition is returning to the forefront. Given that the concepts and tools of economic analysis are widely used by competition authorities, this book gives lawyers a clear understanding of the objectives and instruments of competition policy. It will thus enable corporate counsel, academics, and policymakers to apply or formulate competition law with increased precision in their day-to-day work.

Competition Policy for Small Market Economies

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Publisher : Harvard University Press
ISBN 13 : 0674037464
Total Pages : 337 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Competition Policy for Small Market Economies by : Michal S. GAL

Download or read book Competition Policy for Small Market Economies written by Michal S. GAL and published by Harvard University Press. This book was released on 2009-06-30 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Michal Gal's thorough analysis shows the effects of market size on competition policy, ranging from rules of thumb to more general policy prescriptions, such as goals and remedial tools. Competition policy in small economies is becoming increasingly important, since the number of small jurisdictions adopting such policy is rapidly growing. Gal's focus extends beyond domestic competition policy to the evaluation of the current trend toward the worldwide harmonization of policies.

Market Structure and Competition Policy

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Publisher : Cambridge University Press
ISBN 13 : 1139428586
Total Pages : 309 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Market Structure and Competition Policy by : George Norman

Download or read book Market Structure and Competition Policy written by George Norman and published by Cambridge University Press. This book was released on 2000-11-30 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2000 text applies modern advances in game theory to the analysis of competition policy and develops some of the theoretical and policy concerns associated with the pioneering work of Louis Phlips. Containing contributions by leading scholars from Europe and North America, this book observes a common theme in the relationship between the regulatory regime and market structure. Since the inception of the new industrial organization, economists have developed a better understanding of how real-world markets operate. These results have particular relevance to the design and application of anti-trust policy. Analyses indicate that picking the most competitive framework in the short run may be detrimental to competition and welfare in the long run, concentrating the attention of policy makers on the impact on the long-run market structure. This book provides essential reading for graduate students of industrial and managerial economics as well as researchers and policy makers.

The Wal-Mart Effect

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Publisher : Penguin
ISBN 13 : 9781594200762
Total Pages : 316 pages
Book Rating : 4.2/5 (7 download)

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Book Synopsis The Wal-Mart Effect by : Charles Fishman

Download or read book The Wal-Mart Effect written by Charles Fishman and published by Penguin. This book was released on 2006 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: An award-winning journalist breaks through the wall of secrecy to reveal how the world's most powerful company really works and how it is transforming the American economy.

The Economics of the Antitrust Process

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Publisher : Springer Science & Business Media
ISBN 13 : 9780792397311
Total Pages : 286 pages
Book Rating : 4.3/5 (973 download)

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Book Synopsis The Economics of the Antitrust Process by : M.B. Coate

Download or read book The Economics of the Antitrust Process written by M.B. Coate and published by Springer Science & Business Media. This book was released on 1996-05-31 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the antitrust process and how that process affects the efficiency of antitrust law enforcement. The contributors share a wide range of experiences in the antitrust process, including academia, the legal environment, and both private and public sectors. The book deals first with merger activities, followed by non-merger enforcement initiatives and concludes with an examination of the future role of antitrust.

International Competition Policy

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Publisher : Edward Elgar Publishing
ISBN 13 : 1847200249
Total Pages : 151 pages
Book Rating : 4.8/5 (472 download)

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Book Synopsis International Competition Policy by : Michael A. Utton

Download or read book International Competition Policy written by Michael A. Utton and published by Edward Elgar Publishing. This book was released on 2006 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a welcome and timely addition to the library of materials exploring the implications of the move from internationalisation of trade towards globalisation. Michael Hutchings, European Competition Law Review This book provides an excellent introduction to the difficult and important issues surrounding international trade and competition policy. Douglas A. Irwin, Dartmouth College, US The opening up of world markets, rapid growth of trade and foreign direct investment create manifold problems for competition policy. Thus, international mergers may have adverse effects on many countries, international cartels may carve up world markets and dominant firms may seek to maintain their global position by exclusionary conduct. These problems have been recognised for more than half a century and some attempts have been made internationally to address them, so far with limited success. This progressive book seeks to explore the problems and concerns that globalisation has created for competition policy. The book begins by setting out the principles of competition and trade policies, and then goes on to address the impact of market globalisation on what are usually thought of as traditional antitrust concerns. These include the analysis of the difficulties arising from collusion and other restrictive practices, government sponsored voluntary co-operation , vertical restrictions and market access, pricing strategies of dominant firms and international mergers, all illustrated with a number of prominent case studies. The author concludes with an illuminating discussion on the feasibility of international co-operation on competition policy, the faltering progress that has been made so far and the prospects for future advances. This comprehensive volume will prove to be an invaluable resource to students and scholars of law and economics. It will also find wide appeal amongst researchers, policy makers and practitioners with an interest in industrial organisation, antitrust policy and globalisation.

The Predator State

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Publisher : Simon and Schuster
ISBN 13 : 141656683X
Total Pages : 243 pages
Book Rating : 4.4/5 (165 download)

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Book Synopsis The Predator State by : James Galbraith

Download or read book The Predator State written by James Galbraith and published by Simon and Schuster. This book was released on 2008-08-05 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: A progressive economist challenges popular conservative-minded economic practices, in a scathing critique of Reagan-Bush policies that contends that the political right is misrepresenting the consequences of free-market and free-trade ideals. 50,000 first printing.