Antitrust

Louis Kaplow () and Carl Shapiro ()

No 12867, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of current economic knowledge and use that knowledge to critically assess central features of antitrust policy. Our objective is to foster the improvement of legal regimes and also to identify topics where further analytical and empirical exploration would be useful.

JEL-codes: K21 L12 L13 L40 L41 L42 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-com, nep-ind and nep-law
Date: 2007-01
Note: IO LE

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Chapter: Antitrust (2007)
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