The Economic Basis for Israeli Antitrust Law

LEGAL AND ECONOMIC ANALYSIS OF ISRAELI ANTITRUST LAW, Gal and Perlman, eds., 2008

55 Pages Posted: 23 Apr 2009 Last revised: 29 Jun 2009

Adi Ayal

Bar-Ilan University - Faculty of Law

Date Written: April 19, 2009

Abstract

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

Notes: Downloadable document in Hebrew.

Keywords: antitrust, allocative efficiency, dynamic efficiency, innovative efficiency

JEL Classification: D4, K21, L1, L4

Suggested Citation

Ayal, Adi, The Economic Basis for Israeli Antitrust Law (April 19, 2009). LEGAL AND ECONOMIC ANALYSIS OF ISRAELI ANTITRUST LAW, Gal and Perlman, eds., 2008. Available at SSRN: https://ssrn.com/abstract=1391946

Adi Ayal (Contact Author)

Bar-Ilan University - Faculty of Law ( email )

Faculty of Law
Ramat Gan, 52900
Israel

HOME PAGE: http://adiayal.blogspot.com

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