Predatory Pricing in Antitrust Law and Economics: A Historical Perspective

Predatory Pricing in Antitrust Law and Economics: A Historical Perspective

English | 2014 | ISBN: 0415822521 | 344 Pages | PDF | 3 MB

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 its law and economics offers a privileged standpoint for assessing the broader development of antitrust, its past, present and future. In contrast to existing literature, this book adopts the perspective of the history of economic thought to tell this history, covering a period from the late 1880s to present times.

The image of a big firm, such as Rockefeller's Standard Oil or Duke's American Tobacco, crushing its small rivals by underselling them is iconic in American antitrust culture. It is no surprise that the most brilliant legal and economic minds of the last 130 years have been engaged in solving the predatory pricing puzzle. The book shows economic theories that build rigorous stories explaining when predatory pricing may be rational, what welfare harm it may cause and how the law may fight it. Among these narratives, a special place belongs to the Chicago story, according to which predatory pricing is never profitable and every low price is always a good price.

Download:

http://longfiles.com/dfyimupwducw/Predatory_Pricing_in_Antitrust_Law_and_Economics_A_Historical_Perspective.pdf.html

[Fast Download] Predatory Pricing in Antitrust Law and Economics: A Historical Perspective


Ebooks related to "Predatory Pricing in Antitrust Law and Economics: A Historical Perspective" :
European Business: Policy Challenges for the New Commercial Environment
Resources, Technology and Strategy (Routledge Advances in Management and Business Studies)
Conflict Survival Kit: Tools for Resolving Conflict at Work, 2nd Edition
Green Economy Reader: Lectures in Ecological Economics and Sustainability
Tourism Destination Evolution
GmbH-Handbuch fr den Mittelstand
2014: How to Survive the Next World Crisis
Risk and Liquidity
Demystifying Talent Management: A Critical Approach to the Realities of Talent
Economic Issues And Development
Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.