On the surface, the basic issues in competition policy have not changed in decades-merger and cartel enforcement remian the central focus of the antitrust enforcement agencies, and allegations that monopolists are engaged in exclusionary or predatory conduct directed against rivals continue to be the subject of hard-fought litigation. But a deeper look reveals that much has, in fact, changed. The questions have come far more complex, and the methods that economists are using to resolve these questions have evolved, as well. Edited by Lawrence Wu, this book offers the perspectives of many experienced expert economists on the most current topics in antitrust. The chapters cover a broad range of hotly-contested issues in three key areas of competition policy: anticompetitive foreclosure and exclusionary conduct, mergers and acquisitions, and antitrust liability and damages. This book will give you an appreciation of the complexity of modern antitrust analysis and the role of economics in shaping the way we approach and think about some of the most difficult and interesting legal and public policy questions of the day.
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