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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.

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