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Vol 23 No 5 May/June 2018

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The Antitrust Revolution 4th ed

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Edited by: John E. Kwoka, Lawrence J. White

ISBN13: 9780195161182
ISBN: 0195161181
Published: August 2003
Publisher: Oxford University Press
Country of Publication: UK
Format: Paperback
Price: Out of print

The Antitrust Revolution: Economics, Competition, and Policy 4th ed, examines the critical role of economic analysis in recent antitrust case decisions and policy. The book consists of economic studies of twenty of the most significant antitrust cases of recent years, fourteen of them new to this edition and six updated from the third edition.

These cases include:-

  • alleged anticompetitive practices by Microsoft, Intel, and American Airlines;
  • mergers-proposed or consummated-by AOL and TimeWarner, GE and Honeywell, MCI WorldCom and Sprint, and BP Amoco and ARCO;
  • and other competitive issues such as bid rigging on school milk contracts, professional sports league practices, prescription drug pricing, and vertical restraints by manufacturers in regard to distributors.
New overview essays precede the four sections of the book: Horizontal Structure, Horizontal Practices, Vertical and Related Market Issues, and Network Issues. Commissioned and edited by John E. Kwoka and Lawrence J. White, the case studies are written by prominent economists who participated in the proceedings.

These economists were responsible for helping to formulate the economic issues, undertake the necessary economic research, and offer the economic arguments in court. As a result, they are uniquely qualified to describe and analyze the cases. Fully updated with the most current examples, this volume provides detailed and comprehensive insight into the central role that is now played and will continue to be played by economics and economists in the antitrust process.

The Antitrust Revolution 4th ed, is ideal for undergraduate and graduate classes in industrial organization, government policy, and antitrust/regulation law and economics. It is also a useful reference book for lawyers and economists--both academics and practitioners--who are interested in the types of economic analyses that have been applied in recent antitrust cases. A companion website is now available at www oup.com/antitrustrevolution. New to the fourth edition, the site features cases from the previous three editions.

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PART I: HORIZONTAL STRUCTURE; The Economic and Legal Context; Case 1: Manifest Destiny? The Union Pacific and Southern Pacific Railroad Merger (1996); Case 2: Prices, Market Definition, and the Effects of Merger: Staples-Office Depot (1997); Case 3: Potential Competition and Local Telephone Service: The Bell Atlantic-NYNEX Merger (1997); Case 4: The Long Distance Industry: One Merger Too Many? MCI WorldCom and Sprint (2000); Case 5: The British Petroleum/ARCO Merger: Alaskan Crude Oil (2000); Case 6: Efficiencies and High Concentration: Heinz Proposes to Acquire Beech-Nut (2001)
PART 2: HORIZONTAL PRACTICES; The Economic and Legal Context; Case 7: Antitrust and Higher Education: MIT Financial Aid (1993); Case 8: Bidding, Bid-Rigging, and School Milk Prices: Ohio v. Trauth (1994); Case 9: Rapid Price Communication and Coordination: The Airline Tariff Publishing Case (1994); Case 10: Global Cartels Redux: The Amino Acid Lysine Antitrust Litigation (1996); Case 11: Sports League Issues: The Relocation of the Los Angeles Rams to St. Louis (1998); Case 12: The Brand Name Prescription Drug Antitrust Litigation (1999)
PART 3: VERTICAL AND RELATED MARKET ISSUES; The Economic and Legal Context; Case 13: Revisiting Minimum Resale Price Maintenance: State Oil v. Khan (1997); Case 14: Technology Cross-Licensing Practices: FTC v. Intel (1999); Case 15: Retailer-Instigated Restraints on Suppliers' Sales: Toys ""R"" Us (2000); Case 16: Bundling: GE-Honeywell (2001)
PART 4: NETWORK ISSUES; The Economic and Legal Context; Case 17: Links Between Markets and After-Markets: Kodak (1997); Case 18: Access and Network Effects in the New Economy: AOL-Time Warner (2000); Case 19: Maintenance of Monopoly: U.S. v. Microsoft (2001); Case 20: The American Airlines Case: A Chance to Clarify Predation Policy (2001)