Market Power Handbook: Competition Law and Economic Foundations - 2nd Edition cover
American Bar Association Casebook Series

All books · 2nd Edition

Market Power Handbook: Competition Law and Economic Foundations - 2nd Edition

by American Bar Association. Section of Antitrust Law

ISBN
9781614380696
Publisher
American Bar Association
Edition
2nd Edition
Condition
$154.99 one-time purchase · 15% restocking fee on returns

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Market Power Handbook: Competition Law and Economic Foundations 2nd Edition ISBN 9781614380696

Since the publication of the first edition in 2005, the definition and proof of market power have remained central issues in antitrust analysis, particularly in merger reviews and conduct investigations. Building on the foundation of the original volume, the second edition of The Market Power Handbook offers a comprehensive and up-to-date examination of the legal and economic considerations surrounding this core antitrust concept.

Designed as a practical, nontechnical resource rather than a formal economics text, the handbook introduces and summarizes the essential economic principles necessary to understand market power. It begins by defining market power and explaining its role in cases brought under the principal antitrust statutes. Subsequent chapters explore the key economic doctrines relevant to market power, the relationship between market power and market definition, and the methods used to measure and interpret market shares and market concentration.

The handbook concludes with an analysis of market characteristics—such as product differentiation and barriers to entry—that influence a firm’s ability to acquire or exercise market power. It also includes in-depth discussions of specialized and frequently litigated issues, including the assessment of market power in narrowly defined product markets or “submarkets,” the use of market power screening tools, “lock-in” as a source of market power, and the evaluation of market power in network industries.

This second edition has been thoroughly updated to reflect the 2010 Merger Guidelines and incorporates the most recent case law addressing market power, ensuring its continued relevance for antitrust practitioners and other professionals.

Market Power Handbook: Competition Law and Economic Foundations 2nd Edition ISBN 9781614380696, 978-1614380696 & 9781614388678

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