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5.0 out of 5 stars
Excellent review of the effects of economics on policy,
By Charles Brookings "Charly" (Boston, MA) - See all my reviews
This review is from: Economics in Antitrust Policy: Freedom to Compete vs. Freedom to Contract (Paperback)
The book presents a very good overview of how economics has come to influence antitrust policy in recent decades. Unlike other books it is not a mere descriptive text listing cases. The author connects decicions with economic theory and empirical evidence from studies. This includes a nice - and brief - insight into various economic theories of competition.
In the analysis part, the book sheds a new and different light on the effects that the influence of economics has on antitrust policy in the US and in the EU. The author critically analyses the incentives it gives to economists, lawyers and administrators in antitrust agencies. Supported by numbers from various empirical studies, he bases his theses not just on solid theoretical but practical ground. In the last chapter, the author recommends some new policy solutions that are different and sometimes contrary to the mainstream literature on economics in antitrust. Being an economist, the author also takes into account the negative effects his trade can have policy and thus gets to interesting conclusions. A very good read for all interested people from antitrust lawyers to authorities, economists and even students or scholars of antitrust. |
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Economics in Antitrust Policy: Freedom to Compete vs. Freedom to Contract by Mark Steiner (Paperback - August 20, 2007)
$19.95
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