The most controversial area in competition policy is that of exclusionary practices, where actions are taken by dominant firms to deter competitors from challenging their market positions. Economists have been struggling to explain such conduct and to guide policy-makers in designing sensible enforcement rules. In this book, authors Chiara Fumagalli, Massimo Motta, and Claudio Calcagno explore predatory pricing, rebates, exclusive dealing, tying, and vertical foreclosure, through a blend of theory and practice. They develop a general framework which builds on and extends existing economic theories, drawing upon case law, discussions of cases and other practical considerations to identify workable criteria that can guide competition authorities to assess exclusionary practices. Along with analyses of policy implications and insights applied to case studies, the book provides practitioners with non-technical discussions of the issues at hand, while guiding economics students with dedicated technical sections with rigorous formal models.
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Introduction; 1. Predatory pricing; 2. Price discrimination and single-product rebates; 3. Exclusive dealing; 4. Tying, bundling and bundled rebates; 5. Vertical foreclosure.
'Exclusionary Practices provides a comprehensive and coherent treatment of the most challenging and controversial area of competition policy. Astutely navigating US – EU differences, it delivers an enlightening blend of economic and legal reasoning that will be an immensely valuable resource for scholars and practitioners.' Joseph E. Harrington, Jr, Patrick T. Harker Professor, The Wharton School, University of Pennsylvania
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With discussions on economic theory, cases, law, and policy, this book gives a well-rounded view of exclusionary practices and monopolization.
Produktdetaljer
ISBN
9781107608962
Publisert
2018-01-11
Utgiver
Vendor
Cambridge University Press
Vekt
940 gr
Høyde
227 mm
Bredde
152 mm
Dybde
35 mm
Aldersnivå
P, 06
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
648