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000705369 08204 $$a343.40721$$223
000705369 1001_ $$aMarkovits, Richard S.,$$eauthor.
000705369 24510 $$aEconomics and the interpretation and application of U.S. and E.U. Antitrust Law$$h[electronic resource].$$nVolume I,$$pBasic concepts and economics- based legal analyses of oligopolistic and predatory conduct /$$cRichard Markovits.
000705369 24630 $$aBasic concepts and economics- based legal analyses of oligopolistic and predatory conduct
000705369 264_1 $$aBerlin ;$$aLondon :$$bSpringer,$$c2014.
000705369 300__ $$a1 online resource.
000705369 336__ $$atext$$btxt$$2rdacontent
000705369 337__ $$acomputer$$bc$$2rdamedia
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000705369 5050_ $$aForeword to the Two-Volume Series -- Introduction to This Study -- Introduction to Part I: Basic Concepts and Approaches -- Chapter 1: The Correct Definition of the Impact of a Choice on Economic Efficiency -- Chapter 2: The Components of the Difference Between a Firms Price and Conventional Marginal Costs and the Intermediate Determinants of the Intensity of Quality-and-Variety-Increasing-Investment Competition -- Chapter 3: The Definitions of Monopolizing Conduct, Attempts to Monopolize, and Exclusionary Abuses -- Chapter 4: The Conduct-Coverage of, Tests of Legality Promulgated by, and Defenses (U.S. Spelling) or Defences (British Spelling) Recognized by U.S. Antitrust Law and E.C./E.U. Competition Law -- Chapter 5: The Categories of Economic-Efficiency Gains Whose Generation by Business Conduct Respectively Are and Are Not Relevant to the Conducts Antitrust Legality -- Chapter 6: The Inevitable Arbitrariness of Market Definitions and the Unjustifiability of Market-Oriented Antitrust Analyses -- Chapter 7: Economic and Antitrust Markets: Their Abstract Definition, Their Delimitability, and the Methods That Have Been Proposed and Used to Identify Concrete Exemplars -- Chapter 8: The Operational Definition of A Firms Monopoly Power, Oligopoly Power, and Total (Market) Power in a Given ARDEPPS -- Chapter 9: The Need to Analyze Separately the Monopolizing Character, Abusiveness, Competitive Impact, and Economic Efficiency of Business Choices -- Conclusion to Part I -- Introduction to Part II -- Chapter 10: Oligopolistic Conduct -- Chapter 11: Predatory Conduct.
000705369 506__ $$aAccess limited to authorized users.
000705369 520__ $$aThis volume (1) defines the specific-anticompetitive-intent, lessening-competition, distorting-competition, and exploitative-abuse tests of illegality promulgated by U.S. and/or E.U. antitrust law, (2) compares the efficiency defenses promulgated by U.S. and E.U. antitrust law, (3) compares the conduct-coverage of the various U.S. and E.U. antitrust laws, (4) defines price competition and quality-or-variety-increasing-investment (QV-investment) competition and explains why they should be analyzed separately, (5) defines the components of individualized-pricing and across-the-board-pricing sellers price minus marginal cost gaps and analyses eachs determinants, (6) defines the determinants of the intensity of QV-investment competition and explains how they determine that intensity, (7) demonstrates that definitions of both classical and antitrust markets are inevitably arbitrary, not just at their periphery but comprehensively, (8) criticizes the various protocols for market definition recommended/used by scholars, the U.S. antitrust agencies, the European Commission, and U.S. and E.U. courts, (9) explains that a firms economic (market) power or dominance depends on its power over both price and QV investment and demonstrates that, even if markets could be defined non-arbitrarily, a firms economic power could not be predicted from its market share, (10) articulates a definition of oligopolistic conduct that some economists have implicitly usedconduct whose perpetrator-perceived ex ante profitability depended critically on the perpetrators belief that its rivals responses would be affected by their belief that it could react to their responses, distinguishes two types of such conductcontrived and naturalby whether it entails anticompetitive threats and/or offers, explains why this distinction is critical under U.S. but not E.U. antitrust law, analyzes the profitability of each kind of oligopolistic conduct, examines these analyses implications for eachs antitrust legality, and criticizes related U.S. and E.U. case-law and doctrine and scholarly positions (e.g., on the evidence that establishes the illegal oligopolistic character of pricing), and (11) executes parallel analyses of predatory conduct--e.g., criticizes various arguments for the inevitable unprofitability of predatory pricing, the various tests that economists/U.S. courts advocate using/use to determine whether pricing is predatory, and two analyses by economists of the conditions under which QV investment and systems rivalry are predatory and examines the conditions under which production-process research, plant-modernization, and long-term full-requirements contracts are predatory.
000705369 588__ $$aDescription based on print version record.
000705369 650_0 $$aAntitrust law$$xEconomic aspects$$zEurope.
000705369 650_0 $$aAntitrust law$$xEconomic aspects$$zUnited States.
000705369 650_0 $$aAntitrust law$$zEurope.
000705369 650_0 $$aAntitrust law$$zUnited States.
000705369 77608 $$iPrint version:$$aMarkovits, Richard S.$$tEconomics and the interpretation and application of U.S. and E.U. Antitrust Law. Volume I.$$z9783642243066$$w(OCoLC)766342622
000705369 85280 $$bebk$$hSpringerLink
000705369 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://dx.doi.org/10.1007/978-3-642-24307-3$$zOnline Access
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000705369 980__ $$aBIB
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