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Economics in Antitrust Policy: Freedom to Compete vs. Freedom to Contract

Mark Steiner




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 | #4962597 in Books |  2007-08-20 | Original language:English | PDF # 1 |  9.69 x.42 x7.44l,.81 | File type: PDF | 200 pages

||0 of 0 people found the following review helpful.| Excellent review of the effects of economics on policy|By Charles Brookings|The book presents a very good overview of how economics has come to influence antitrust policy in recent decades. Unlike other books it is not a mere descriptive text listing cases. The author connects decicions with economic theory and empirical evidence from studies. This includes a nice - and brief -

In the field of antitrust, the freedoms to contract and compete can and do contradict. Profit-maximizing companies desire perfectly competitive input markets to minimize their costs, but want monopolistic markets for their outputs to maximize their profits. Consequently, they have strong incentives to undermine competition in their output markets. In a world without antitrust laws, many companies would thus eliminate competition by using their freedom to contract, either...

You easily download any file type for your gadget.Economics in Antitrust Policy: Freedom to Compete vs. Freedom to Contract   |  Mark Steiner. I have read it a couple of times and even shared with my family members. Really good. Couldnt put it down.

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