Recent Developments in Monopoly and Competition Policy

Recent Developments in Monopoly and Competition Policy

Elgar Research Reviews in Economics

George Norman

Competition policy aims to prevent anticompetitive agreements and mergers, limiting the abusive exercise of market power. The formulation and application of this policy presents significant challenges, which include showing that proposed mergers are anticompetitive, proving that firms are members of cartels and defending apparently restrictive vertical agreements.

This research review considers papers which illustrate how far we have come towards meeting these challenges.

Recommended Readings

George Norman

Subjects: economics and finance, competition policy, industrial organisation, public sector economics

Competition policy aims to prevent anticompetitive agreements and mergers, limiting the abusive exercise of market power. The formulation and application of this policy presents significant challenges, which include showing that proposed mergers are anticompetitive, proving that firms are members of cartels and defending apparently restrictive vertical agreements.

This research review considers papers which illustrate how far we have come towards meeting these challenges.

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