Antitrust and Competition Policy (Business Economics series, 2)

Kleit (energy and environmental economics, Pennsylvania State University) gathers articles that provide a sense of the history and the current state of thinking about antitrust. Most articles were published in scholarly journals during the 1960s through the 1980s, with a few from later decades. The opening section considers the flaws in the 1960s view on monopoly. Part II examines economic thinking with respect to mergers, and the next three sections contain readings on three specific sets of practices that have been frequent targets of antitrust scrutiny. Part VI examines perspectives on exclusionary behavior, and Part VII studies the literature on network externalities. The final section explores bureaucracy and politics. The readership for the book includes economists and lawyers concerned with antitrust and competition issues. There is no subject index. Annotation ©2005 Book News, Inc., Portland, OR (booknews.com)