Overview
- Analyzes the economic efficiency and moral desirability of various tests of antitrust legality
- Examines the business functions and competitive impact of antitrust-law-covered conduct
- Takes appropriate account of the General Theory of Second Best
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Table of contents (10 chapters)
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Introduction to Part I: Basic Concepts and Analytic Protocols
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Introduction to Part II: The Morally-Relevant Effects of Specific Categories of Antitrust-Policy-Coverable Conduct and the Ability of Government to Secure Better Outcomes
Keywords
About this book
This book is Volume I of a two-volume set on antitrust policy, analyzing the economic efficiency and moral desirability of various tests for antitrust legality, including those promulgated by US and EU antitrust law.
The overall study consists of three parts. Part I (Chapters 1-8) introduces readers to the economic, moral, and legal concepts that play important roles in antitrust-policy analysis. Part II (Chapters 9-16) analyzes the impacts of eight types of conduct covered by antitrust policy and various possible government responses to such conduct in terms of economic efficiency, the securing of liberal moral rights, and the instantiation of various utilitarian, non-utilitarian-egalitarian, and mixed conceptions of the moral good. Part III (Chapters 17-18) provides detailed information on US antitrust law and EU competition law, and compares the extent to which—when correctly interpreted and applied—these two bodies of law could ensure economic efficiency, protectliberal moral rights, and instantiate various morally defensible conceptions of the moral good.
This first volume contains Part I and the first two chapters of Part II of the overall study—the two chapters that focus on oligopolistic and predatory conduct of all kinds, respectively. The book will appeal to undergraduate and graduate students of economics and law who are interested in welfare economics, antitrust legality and the General Theory of the Second Best.Authors and Affiliations
About the author
Bibliographic Information
Book Title: Welfare Economics and Antitrust Policy - Vol. I
Book Subtitle: Economic, Moral, and Legal Concepts and Oligopolistic and Predatory Conduct
Authors: Richard S. Markovits
DOI: https://doi.org/10.1007/978-3-030-79812-3
Publisher: Springer Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2021
Hardcover ISBN: 978-3-030-79811-6Published: 19 October 2021
Softcover ISBN: 978-3-030-79814-7Published: 20 October 2022
eBook ISBN: 978-3-030-79812-3Published: 18 October 2021
Edition Number: 1
Number of Pages: XX, 357
Number of Illustrations: 10 b/w illustrations
Topics: Social Choice/Welfare Economics/Public Choice/Political Economy, Industrial Organization, Public Law, Economic Policy, Ethics