When it was first published a quarter of a century ago, Richard
Posner's exposition and defense of an economic approach to antitrust
law was a jeremiad against the intellectual disarray that then
characterized the field. As other perspectives on antitrust law have
fallen away, Posner's book has played a major role in transforming the
field of antitrust law into a body of economically rational principles
largely in accord with the ideas set forth in the first edition.
Today's antitrust professionals may disagree on specific practices and
rules, but most litigators, prosecutors, judges, and scholars agree
that the primary goal of antitrust laws should be to promote economic
welfare, and that economic theory should be used to determine how well
business practices conform to that goal. In this thoroughly revised
edition, Posner explains the economic approach to new generations of
lawyers and students. He updates and amplifies his approach as it
applies to the developments, both legal and economic, in the antitrust
field since 1976. The "new economy," for example, has presented a host
of difficult antitrust questions, and in an entirely new chapter,
Posner explains how the economic approach can be applied to new
industries such as software manufacturers, Internet service providers,
and those that provide communications equipment and services. "The
antitrust laws are here to stay," Posner writes, "and the practical
question is how to administer them better-more rationally, more
accurately, more expeditiously, more efficiently." This fully revised
classic will continue to be the standard work in the field.
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Produktdetaljer
ISBN
9780226675787
Publisert
2018
Utgave
2. utgave
Utgiver
Vendor
University of Chicago Press
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter