Welfare Economics and Antitrust Policy - Vol. I: Economic, Moral, and Legal Concepts and Oligopolistic and Predatory Conduct

The book is a two-volume set on antitrust policy, analyzing the economic efficiency and moral desirability of various tests for antitrust legality. It introduces economic, moral, and legal concepts and analyzes the impacts of eight types of conduct covered by antitrust policy. Part III compares US and EU antitrust law and their ability to ensure economic efficiency, protect liberal moral rights, and instantiate various morally defensible conceptions of the moral good.

Format: Paperback / softback
Length: 357 pages
Publication date: 20 October 2022
Publisher: Springer Nature Switzerland AG

This book is the first volume of a two-volume set on antitrust policy, which examines the economic efficiency and moral desirability of various tests for antitrust legality. The study consists of three parts. Part I introduces readers to economic, moral, and legal concepts relevant to antitrust-policy analysis. Part II analyzes the impacts of eight types of conduct covered by antitrust policy and various possible government responses in terms of economic efficiency, securing of liberal moral rights, and instantiation of various utilitarian, non-utilitarian-egalitarian, and mixed conceptions of the moral good. Part III provides detailed information on US antitrust law and EU competition law, comparing their effectiveness in ensuring economic efficiency, protecting liberal moral rights, and instantiating various morally defensible conceptions of the moral good. This first volume includes Part I and the first two chapters of Part II, focusing on oligopolistic and predatory conduct of all kinds. The book is intended for undergraduate and graduate students of economics and law who are interested in welfare economics, antitrust legality, and the General Theory of the Second Best.

Weight: 581g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030798147
Edition number: 1st ed. 2021