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This indispensable Handbook examines both economic and legal aspects of competition policy and industrial organization. It provides a scholarly review of the state of the art regarding economic theory, empirical evidence and standards of legal evaluation. The book aims primarily at furthering our understanding of the interplay between economic reasoning and legal expertise by concentrating on the fundamental issues and principles underlying competition policy.Following a comprehensive introduction, the authors investigate a number of important themes including:the natural limits of competitionefficiency versus market powersmall firms, innovation and competitiontrade policy and competition policyfinancial servicesthe political economy of antitrustdominance and monopolizationidentifying anti-trust marketscompetition policy versus regulationcompetition policy in a globalized economy.Each of the specially commissioned chapters, written by leading authorities in the field, provides a stimulating exploration of the intricacies of competition policy. The book will be accessible to a wide audience including students of economics and law, public administrators, lawyers, consultants and business managers. It will also be of particular interest to policymakers in EU accession countries who are required to introduce an appropriate legal framework to implement EU competition policy.
Edited by the late Manfred Neumann, formerly Professor Emeritus of Economics, University Erlangen-Nürnberg and Jürgen Weigand, Professor of Economics, WHU Otto Beisheim School of Management, Vallendar, Germany
Contents: Introduction Manfred Neumann and Jürgen Weigand1. Globalization and the Natural Limits of CompetitionStephen Martin 2. Efficiency versus Market Power through MergersDennis C. Mueller 3. Small Firms, Innovation and CompetitionDavid B. Audretsch 4. Trade Policy and Competition Policy: Conflict versus Mutual SupportEric Bond 5. Financial Services: Consolidation and Strategic PositioningArnoud Boot 6. Political Economy of AntitrustCharles Rowley and Anne Rathbone 7. Dominance and Monopolization Marcel Canoy, Patrick Rey and Eric van Damme8. Identifying Antitrust Markets Paul Geroski and Rachel Griffith9. Competition Policy versus Regulation: Administration versus JudiciaryChristian Kirchner 10. Competition Policy in a Globalized Economy: From Extraterritorial Application to HarmonizationJürgen Basedow Index
'This is a book that those involved with competition policy and law should have on their bookshelves. . . one of the very useful features of this book will be that it provides an up-to-date comparison of the legal provisions in the United States and Europe. . . the essays that comprise The International Competition Handbook provide not only an underpinning for concepts already learned but offer new insights and greater depth of understanding.'
Amoroso Richard L, AMOROSO RICHARD L, Richard L Amoroso, Louis H Kauffman, Peter Rowlands, Usa) Amoroso, Richard L (Noetic Advanced Studies Inst, Usa) Kauffman, Louis H (Univ Of Illinois At Chicago, Uk) Rowlands, Peter (Univ Of Liverpool