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Antitrust and Competition Policy - Darryl Biggar, Alberto Heimler

Antitrust and Competition Policy

A New Foundation
Buch | Softcover
298 Seiten
2026
Cambridge University Press (Verlag)
9781009724616 (ISBN)
CHF 66,30 inkl. MwSt
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Why do governments around the world seek to block certain mergers? What does it mean for a firm to have 'market power'? Surprisingly, traditional economic theory has little to say. This text sets out a new economic foundation for competition policy, providing a comprehensive guide to competition enforcers worldwide.
Antitrust and competition laws are government regulations that seek to encourage competition by limiting the market power of firms. Some degree of monopolistic or market power has long been a feature of our economies and is most recognisable today through the activities of companies such as Google, Amazon, Meta, Microsoft and Apple. The concept of market power remains a central idea in fields such as industrial organization, the economics of regulation, competition law and competition policy, yet there is still much debate about how to define it and how to measure it. Antitrust and Competition Policy suggests a new approach for identifying market power and building on it sets out, for the first time, a sound, comprehensive economic foundation for competition law and policy. This framework sheds new light on a range of antitrust violations including the discernment of anti-competitive mergers, abusive practices and restrictive agreements.

Darryl Biggar is Associate Professor in the Department of Economics at Monash University and is a member of the independent regulatory authority of New South Wales. He is one of the most well-known economists of competition policy in Australia. For twenty years he served as a senior economist at the Australian Competition and Consumer Commission. Alberto Heimler is professor of Economic Regulation at the Italian National School of Government. He is very well known in the antitrust community both at home and abroad, having been for thirty years the chair of the Working Party on Competition and regulation of the OECD. His recent book on regulatory reform, Il Segno più, Come riformare la regolazione a sostegno della crescita, was published in 2021.

1. Introduction; 2. Key Economic Concepts; Part I. The Foundation of Competition Law: 3. The 'goals of competition' debate; 4. The transaction-cost approach to competition law; 5. Possible objections to the approach proposed in this book; Part II. Application to Competition Law Practice; 6. The concept of market power; 7. Controls on the acquisition of market power; 8. Controls on the prolonging of, or exercise of, market power; Part III. Application in Specific Sectors; 9. Competition policy and labour markets; 10. Competition policy and digital platforms; 11. Competitive neutrality, EU state aid control and industrial policy; 12. The future of competition law.

Erscheint lt. Verlag 31.3.2026
Zusatzinfo Worked examples or Exercises
Verlagsort Cambridge
Sprache englisch
Themenwelt Recht / Steuern EU / Internationales Recht
Recht / Steuern Wirtschaftsrecht Wettbewerbsrecht
Wirtschaft Betriebswirtschaft / Management Unternehmensführung / Management
ISBN-13 9781009724616 / 9781009724616
Zustand Neuware
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