Download E-books Recent Developments in Antitrust: Theory and Evidence (CESifo Seminar Series) PDF

By Jay Pil Choi

Antitrust coverage within the usa and Europe is predicated more and more on monetary research. fiscal concept and empirical research play a important position in antitrust judgements within the courts and within the formula and enforcement of coverage. Antitrust circumstances are argued utilizing refined monetary considering; either plaintiffs and defendants in U.S. v. Microsoft, for instance, made vast use of online game concept, the economics of knowledge, and transaction expense economics of their arguments. In this CESifo quantity, experts from the us and the ecu Union learn conceptual and empirical matters all in favour of antitrust coverage in mild of contemporary advancements within the field.The first 3 chapters handle theoretical matters which were very important in fresh antitrust activities: sturdy items markets, two-sided markets and platform festival, and tying preparations. members then soak up empirical matters, discussing such issues as bundling and tying as obvious out there for chilly and pain-relief medication; the political elements of merger keep watch over; and marketplace definition and differentiated items within the automobile and delicate drink markets. individuals additionally tackle antitrust and regulatory matters in markets with imperfect info, reading comparative ads and incentives for info disclosure. the ultimate bankruptcy treats the possession constitution of cable tv networks and its impression on pageant within the neighborhood entry industry. the significance of monetary research in antitrust coverage makes this evaluate of contemporary theoretical and empirical advancements crucial interpreting for teachers and policymakers.

ContributorsMark Armstrong, Francesca Barigozzi, Randy Brenkers, Duarte Brito, Jay Pil Choi, David S. Evans, Vivek Ghosal, Jos Jansen, Franco Mariuzzo, Martin Peitz, Pedro Pereira, Michael Salinger, Frank Verboven, Michael Waldman, Patrick Paul Walsh, Ciara Whelan.

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