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"Modern antitrust analysis of business practices and conduct is sophisticated, challenging, and complex. This book describes how solid economic reasoning can clarify our thinking and understanding of the issues."
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Lawrence Wu
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Editor of Economics of Antitrust
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The second book in NERA's Economics of Antitrust series, Economics of Antitrust: Complex Issues in a Dynamic Economy examines a broad range of hotly-contested topics in three key areas of competition policy: anticompetitive foreclosure and exclusionary conduct, mergers and acquisitions, and antitrust liability and damages. Edited by economist Dr. Lawrence Wu, the book is a compilation of 16 chapters previously circulated as articles from our Antitrust Insights newsletter series.
Economics of Antitrust: Complex Issues in a Dynamic Economy illustrates the complexity of modern antitrust analysis, using practical examples and case studies from a variety of industries, including telecommunications and pharmaceuticals, to highlight several important themes:
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The importance of understanding the economic rationale behind a certain business practice or a proposed acquisition when assessing the ultimate impact of that practice or transaction on consumers
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The importance of considering both the short- and long-term competitive implications of a transaction or business practice in an antitrust assessment
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The need to appreciate the regulatory, legislative, and other unique circumstances that may affect the competitive dynamics of the market at issue
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