The Economic Basis for Israeli Antitrust Law
Bar-Ilan University - Faculty of Law
April 19, 2009
LEGAL AND ECONOMIC ANALYSIS OF ISRAELI ANTITRUST LAW, Gal and Perlman, eds., 2008
This chapter aims at elucidating the economic basis for antitrust law generally, and the Israeli Restrictive Trade Practices Law specifically. It follows antitrust's intellectual progression, beginning with standard price theory underpinning static efficiency analysis, thereafter moving through dynamic (multi-period) analysis and 'new economics' of information and network effects.
Each part contains three sections: basic theory, 'question marks' based on critique of the first, and 'back to law' - discussion of the difficulties of implementation.
The purpose of the chapter is both to introduce the economics of antitrust to the uninitiated, and to raise questions central to debate regarding current antitrust doctrine.
Note: downloadable document is in Hebrew
Note: Downloadable document in Hebrew.
Number of Pages in PDF File: 55
Keywords: antitrust, allocative efficiency, dynamic efficiency, innovative efficiency
JEL Classification: D4, K21, L1, L4Accepted Paper Series
Date posted: April 23, 2009 ; Last revised: June 29, 2009
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