
Competition Policy: Theory and Practice
by Massimo Motta-
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Summary
Table of Contents
Part I. Competition Policy: History, Objectives and the Law: 1.1 Introduction | |
1.2 Brief history of competition policy | |
1.3 Objectives of competition policy, and other public policies | |
1.4 The main features of European competition law | |
1.5 Exercises | |
Part II. Market Power and Welfare: Introduction: 2.1 Overview of the chapter | |
2.2 Allocative efficiency | |
2.3 Productive efficiency | |
2.4 Dynamic efficiency | |
2.5 Public policies and incentives to innovate | |
2.6 Monopoly: will the market fix it all? | |
2.7 Summary and policy conclusions | |
2.8 Exercises | |
2.9 Solutions of exercises | |
Part III. Market Definition and the Assessment of Market Power: 3.1 Introduction | |
3.2 Market definition | |
3.3 The assessment of market power | |
3.4 Exercises | |
Part IV. Collusion and Horizontal Agreements: 4.1 Introduction | |
4.2 Factors that facilitate collusion | |
4.3 Advanced material | |
4.4 Practice: what should be legal and what illegal? | |
4.5 Joint-ventures and other horizontal agreements | |
4.6 A case of parallel behaviour: wood pulp | |
4.7 Exercises | |
Part V. Horizontal Mergers: 5.1 Introduction, 5.2 Unilateral effects | |
5.3 Pro-collusive effects | |
5.4 A more general model | |
5.5 Merger remedies | |
5.6 Merger policy in the European Union | |
5.7 Case studies | |
5.8 Exercises | |
Part VI. Vertical Restraints and Vertical Mergers: 6.1 What are vertical restraints? | |
6.2 Intra-brand competition | |
6.3 Inter-brand competition | |
6.4 Anti-competitive effects: leverage and foreclosure | |
6.5 Conclusions and policy implications | |
6.6 Cases | |
6.7 Exercises | |
Part VII. Predation, Monopolisation, and Other Abusive Practices: 7.1 Introduction | |
7.2 Predatory pricing | |
7.3 Non-price monopolisation practices | |
7.4 Price discrimination | |
7.5 US v. Microsoft | |
7.6 Exercises | |
7.7 Solutions of exercises | |
Part VIII. A Toolkit: Game Theory and Imperfect Competition Models: 8.1 Introduction | |
8.2 Monopoly | |
8.3 Oligopoly I: market competition in static games | |
8.4 Oligopoly II: dynamic games | |
8.5 Appendix. |
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