Monopoly and Competition Policy (The International Library of Critical Writings in Economics series, 30)

Product Description This two-volume set brings together for the first time a collection of seminal writings dealing with the development of competition policy in Europe, the United States and Japan. It begins by reproducing the writings of leading philosophers and scholars on the rationale and desirability of competition in market economies. These interpretations range in time of origin from ancient Greece through to Adam Smith and James Madison to very recent contributions in the competition policy debate. Having established relevant philosophical foundations, the compendium presents analyses by leading British, American, German and Japanese scholars on the interpretation and administration of laws concerning price-fixing and other restrictive agreements, market dominance and monopolization, predatory practices and mergers. Review 'The collection will no doubt prove a valuable source for students and researchers interested in the history and development of monopoly and competition policy.' -- Morten Hviid, International Journal of Industrial Organization'. . . this book serves a valuable purpose by bringing so much of the conventional literature into one location.'– Michael Perelman, RRPE About the Author Edited by F.M. Scherer, Professor of Public Policy and Corporate Management in the Aetna Chair, Emeritus, Harvard Kennedy School of Government, US