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In this fourth edition of The Antitrust Laws, the authors substantially update material on international antitrust policy and intellectual property in light of recent developments. They also consider the role of antitrust laws in accommodating the tension between the desire to innovate and the desire to optimize the rate of diffusion of new inventions. The Antitrust Laws also provides readers with an analysis of mergers and acquisitions and an assessment of international antitrust enforcement to reflect the provisions of recent guidelines and the evolving agreements among nations to cooperate in enforcement.