Antitrust Law, Second Edition
Second Edition
9780226684130
9780226675763
9780226675787
Antitrust Law, Second Edition
Second Edition
The definitive textbook of antitrust law
Antitrust Law was fundamental to redefining the field of antitrust law and it remains the definitive textbook for those teaching or learning the subject, Richard 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.
"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.
Antitrust Law was fundamental to redefining the field of antitrust law and it remains the definitive textbook for those teaching or learning the subject, Richard 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.
"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.
Table of Contents
Preface
Introduction
Part One: Setting the Stage
1. The Costs—and Occasionally the Benefits—of Monopoly
2. An Overview of the Antitrust Laws
Part Two: Collusion
3. Price Fixing and the Oligopoly Problem
4. Breaking Up Large Firms
5. Horizontal Mergers, Potential Competition, and Market Definition
6. Two Problems of Collusion
Part Three: Exclusionary Practices
7. Exclusionary Practices (I)
8. Exclusionary Practices (II): The New Economy
Part Four: Administering Antitrust Law
9. Toward the Simplification of Antitrust Doctrine
10. The Problem of Enforcement
Appendix: An Introduction to the Formal Analysis of Monopoly
Index
Introduction
Part One: Setting the Stage
1. The Costs—and Occasionally the Benefits—of Monopoly
2. An Overview of the Antitrust Laws
Part Two: Collusion
3. Price Fixing and the Oligopoly Problem
4. Breaking Up Large Firms
5. Horizontal Mergers, Potential Competition, and Market Definition
6. Two Problems of Collusion
Part Three: Exclusionary Practices
7. Exclusionary Practices (I)
8. Exclusionary Practices (II): The New Economy
Part Four: Administering Antitrust Law
9. Toward the Simplification of Antitrust Doctrine
10. The Problem of Enforcement
Appendix: An Introduction to the Formal Analysis of Monopoly
Index