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Antitrust
Louis Kaplow Harvard University - Harvard Law School; National Bureau of Economic Research (NBER) Carl Shapiro University of California, Berkeley - Economic Analysis & Policy Group January 2007 Harvard Law and Economics Discussion Paper No. 575 Abstract: This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of current economic knowledge and use that knowledge to critically assess central features of antitrust policy. Our objective is to foster the improvement of legal regimes and also to identify topics where further analytical and empirical exploration would be useful.
JEL Classifications: K21, L12, L13, L40, L41, L42 Working Paper SeriesDate posted: February 06, 2007 ; Last revised: February 06, 2007Suggested CitationContact Information
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