This indispensable Handbook examines the interface of competition policy, competition law and industrial economics.
The book aims to further our understanding of how economic reasoning and legal expertise complement each other in defining the fundamental issues and principles in competition policy. In specially commissioned chapters the book provides a scholarly review of economic theory, empirical evidence and standards of legal evaluation with respect to monopolization of markets, exploitation of market power and mergers, among other issues.
The International Handbook of Competition - Second Edition will be accessible to a wide audience including students of economics and law, public administrators, lawyers, consultants, and business executives.
Edited by the late Manfred Neumann, formerly Professor Emeritus of Economics, University Erlangen-Nurnberg and Jurgen Weigand, Professor of Economics, WHU Otto Beisheim School of Management, Vallendar, Germany
Contents: Introduction Manfred Neumann and Jurgen Weigand 1. Globalization and the Natural Limits of Competition Stephen Martin 2. Efficiency versus Market Power through Mergers Dennis C. Mueller and B. Burcin Yurtoglu 3. Entrepreneurship and Competition Policy David B. Audretsch 4. Trade Policy and Competition Policy: Conflict vs. Mutual Support Eric W. Bond 5. Financial Services: Strategic Positioning and Competitive Issues Arnoud W.A. Boot and Matej Marinc 6. The Political Economy of Antitrust Charles Rowley and Anne Rathbone 7. Defining Antitrust Markets Rachel Griffith and Lars Nesheim 8. Reconceptualizing Competition and Competition Policy in a New Institutional Economics-Perspective Christian Kirchner 9. Horizontal Concentration, Endogenous Fixed Costs, Efficiency and Merger Control Manfred Neumann 10. Assessing Potential Competition in Antitrust Markets Vivek Ghosal 11. Fighting Hard Core Cartels Kai Huschelrath and Jurgen Weigand 12. Auctions and Competition Policy Alexander Rasch and Achim Wambach Index