Competition policy and price fixing [electronic resource] / Louis Kaplow.
Kaplow, Louis.
2013
HD41 .K37 2013eb
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Title
Competition policy and price fixing [electronic resource] / Louis Kaplow.
Author
Kaplow, Louis.
ISBN
9781400846078 (electronic book)
9780691158624
Publication Details
Princeton, NJ : Princeton University Press, 2013.
Language
English
Description
1 online resource (xvi, 490 p.)
Call Number
HD41 .K37 2013eb
Dewey Decimal Classification
338.6/048
Summary
Throughout the world, the rule against price fixing is competition law's most important and least controversial prohibition. Yet there is far less consensus than meets the eye on what constitutes price fixing, and prevalent understandings conflict with the teachings of oligopoly theory that supposedly underlie modern competition policy. Competition Policy and Price Fixing provides the needed analytical foundation. It offers a fresh, in-depth exploration of competition law's horizontal agreement requirement, presents a systematic analysis of how best to address the problem of coordinated oligopolistic price elevation, and compares the resulting direct approach to the orthodox prohibition.
Bibliography, etc. Note
Includes bibliographical references and index.
Access Note
Access limited to authorized users.
Source of Description
Description based on print version record.
Available in Other Form
Competition policy and price fixing.
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Preface
Introduction
Horizontal agreements
Defining the problem
Communications
Statutory provisions and higher court interpretations
U.s. lower court practice
Paradox of proof
Oligopoly theory and the agreement requirement
Price-fixing policy
Social welfare
Framework for decision-making
Detection : market-based evidence
Detection : other types of evidence
Liability assessment
Sanctions
Unilateral market power
Additional considerations
Comparison of approaches
Communications-based prohibition
Detection of prohibited communications
Further topics.

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