Antitrust And Competition Policy

by Kleit, Andrew N.

• ISBN13: 9781843763192
• ISBN10: 1843763192
• Format: Hardcover
• Copyright: 2005-06-05
• Publisher: Edward Elgar Pub

Table of Contents

Acknowledgements	ix
Introduction	xi
Andrew N. Kleit
PART I MONOPOLIZATION
`Two Systems of Belief About Monopoly', in Harvey J. Goldschmid, H. Michael Mann and J. Fred Weston (eds)	3	(21)
Harold Demsetz
`On the Misuse of Accounting Rates of Return to Infer Monopoly Profits'	24	(19)
Franklin M. Fisher
John J. McGowan
PART II MERGERS
`Economies as an Antitrust Defense: The Welfare Tradeoffs'	43	(19)
Oliver E. Williamson
`The Problem of Geographic Market Delineation in Antimerger Suits'	62	(37)
Kenneth G. Elzinga
Thomas F. Hogarty
`Merger Analysis, Industrial Organization Theory, and Merger Guidelines'	99	(35)
Robert D. Willig
`Focusing Market Definition: How Much Substitution is Necessary?'	134	(20)
Barry C. Harris
Joseph J. Simons
`Estimating the Residual Demand Curve Facing a Single Firm'	154	(18)
Jonathan B. Baker
Timothy F. Bresnahan
`The Effects of Mergers in Differentiated Products Industries: Logit Demand and Merger Policy'	172	(23)
Gregory J. Werden
Luke M. Froeb
PART III COLLUSION
`A Theory of Oligopoly'	195	(18)
George J. Stigler
`An Empirical Survey of Price Fixing Conspiracies'	213	(26)
George A. Hay
Daniel Kelley
`Most-Favored-Customer Pricing and Tacit Collusion'	239	(14)
Thomas E. Cooper
PART IV VERTICAL RESTRAINTS
`Why Should Manufacturers Want Fair Trade?'	253	(20)
Lester G. Telser
`Vertical Restraints as Contract Enforcement Mechanisms'	273	(36)
Benjamin Klein
Kevin M. Murphy
PART V PREDATORY PRICING
`Predatory Price Cutting: The Standard Oil (N.J.) Case'	309	(33)
John S. McGee
`Injury to Competition: The Law's Basic Theories'	342	(28)
Robert H. Bork
`Predation, Reputation, and Entry Deterrence'	370	(35)
Paul Milgrom
John Roberts
PART VI EXCLUSIONARY BEHAVIOR
`Cost-Raising Strategies'	405	(16)
Steven C. Salop
David T. Scheffman
`nderstanding ``Raising Rivals' Costs'''	421	(19)
Timothy J. Brennan
`Equilibrium Vertical Foreclosure'	440	(16)
Janusz A. Ordover
Garth Saloner
Steven C. Salop
`Equilibrium Vertical Foreclosure: Comment'	456	(4)
David Reiffen
`Contracts as a Barrier to Entry'	460	(14)
Philippe Aghion
Patrick Bolton
`Are Vertical Restraints Pro- or Anticompetitive? Lessons from Interstate Circuit'	474	(31)
David A. Butz
Andrew N. Kleit
PART VII NETWORK EXTERNALITIES
`Network Externalities, Competition, and Compatibility'	505	(17)
Michael L. Katz
Carl Shapiro
`Clio and the Economics of QWERTY'	522	(6)
Paul A. David
`The Fable of the Keys'	528	(27)
S.J. Liebowitz
Stephen E. Margolis
PART VIII ANTITRUST, REGULATION, AND BUREAUCRACY
`Use of Antitrust to Subvert Competition'	555	(19)
William J. Baumol
Janusz A. Ordover
`Is the Theory Behind U.S. v. AT&T Applicable Today?'	574	(28)
Timothy J. Brennan
`Bureaucracy and Politics in FTC Merger Challenges'	602	(20)
Malcolm B. Coate
Richard S. Higgins
Fred S. McChesney
`Fight, Fold or Settle?: Modelling the Reaction to FTC Merger Challenges'	622	(15)
Malcolm B. Coate
Andrew N. Kleit
Rene Bustamante
Name Index	637