MARKET DOMINANCE AND ANTITRUST POLICY

Market dominance - encompassing single firm dominance, overt and tacit collusion mergers and vertical restraints - raises many complex analytical and policy issues. All have been subjected recently to close theoretical scrutiny and policy development, especially within the European Union, as well as extensive discussion in the news media following a number of widely reported cases.Written by a leading authority in the field, Market Dominance and Antitrust Policy combines an analysis of the issues with a discussion of the leading cases in the UK, EU and US. Areas covered include market dominance and the institutions used to deal with it, the market conduct of dominant firms, and the relationship between firms and their suppliers or distributors. The concluding section deals with a number of controversial and unresolved questions including possible conflicts between trade and antitrust policy, the foreign ownership of domestic assets, extra-territorial claims by some countries and the apparent inadequacy of antitrust remedies.This book will be welcomed by students, researchers and policymakers as an important, up-to-date review and analysis of both the theoretical and policy problems associated with market dominance.