1st Edition
Predatory Pricing in Antitrust Law and Economics A Historical Perspective
By Nicola Giocoli
Copyright 2014
344 Pages
by
Routledge
344 Pages
by
Routledge
Also available as eBook on:
Can a price ever be too low? Can competition ever be ruinous? Questions like these have always accompanied American antitrust law. They testify to the difficulty of antitrust enforcement, of protecting competition without protecting competitors.
As the business practice that most directly raises these kinds of questions, predatory pricing is at the core of antitrust debates. The history of... Read more
Introduction 1. The economics of predatory pricing 2. The two freedoms and British Common Law 3. American economists and destructive competition 4. Predatory pricing in the formative era of antitrust law 5. Predatory pricing in the structuralist era 6. The Chicago School and the irrelevance of predation 7. Harvard rules: Areeda and Turner’s solution 8. The demise of predatory pricing as an antitrust violation Conclusion
Biography
Nicola Giocoli is Associate Professor of Economics at the University of Pisa, Italy
