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Economics Of Antitrust Law
By
Benjamin Klein and Andres V. Lerner
‘Antitrust law and policy now use economic analysis as the guiding star. This collection contains the seminal articles that influenced the shift to reliance on economics, as well more recent articles that are likely to influence antitrust’s future. Moreover, Klein and Lerner have written a highly useful introduction to guide the reader through the major developments of the last 30 years. – Timothy J. Muris, George Mason University School of Law and former Chairman of the Federal Trade Commission, US
‘A well collected, historically sensitive, and highly useful selection of the most important essays on the uses of economics in antitrust law. Klein and Lerner include a superb introduction explaining the development of and rationales for an economic approach to antitrust. – Herbert Hovenkamp, University of Iowa, US
This insightful two-volume set presents a careful selection of the most important published papers on the economics of antitrust law. The collection focuses on areas of major importance including market power, horizontal arrangements, and vertical arrangements and exclusionary behaviour. It includes seminal papers on topics such as oligopoly and collusion, horizontal mergers and joint ventures, exclusive dealing and resale price maintenance.
The Economics of Antitrust Law will be an essential source of reference for economists, lawyers and practitioners concerned with this important and controversial area of law and economics.
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