|
|
|
|
| LEADER |
10036nam a22004453i 4500 |
| 001 |
EBC30686081 |
| 003 |
MiAaPQ |
| 005 |
20231204023231.0 |
| 006 |
m o d | |
| 007 |
cr cnu|||||||| |
| 008 |
231204s1989 xx o ||||0 eng d |
| 020 |
|
|
|a 9783631753880
|q (electronic bk.)
|
| 020 |
|
|
|z 9783631408742
|
| 035 |
|
|
|a (MiAaPQ)EBC30686081
|
| 035 |
|
|
|a (Au-PeEL)EBL30686081
|
| 035 |
|
|
|a (OCoLC)1229506424
|
| 040 |
|
|
|a MiAaPQ
|b eng
|e rda
|e pn
|c MiAaPQ
|d MiAaPQ
|
| 082 |
0 |
|
|a 338.8
|
| 100 |
1 |
|
|a Rittaler, Jan B.
|
| 245 |
1 |
0 |
|a Industrial Concentration and the Chicago School of Antitrust Analysis :
|b A Critical Evaluation on the Basis of Effective Competition.
|
| 250 |
|
|
|a 1st ed.
|
| 264 |
|
1 |
|a Frankfurt a.M. :
|b Peter Lang GmbH, Internationaler Verlag der Wissenschaften,
|c 1989.
|
| 264 |
|
4 |
|c ©1989.
|
| 300 |
|
|
|a 1 online resource (426 pages)
|
| 336 |
|
|
|a text
|b txt
|2 rdacontent
|
| 337 |
|
|
|a computer
|b c
|2 rdamedia
|
| 338 |
|
|
|a online resource
|b cr
|2 rdacarrier
|
| 490 |
1 |
|
|a Hohenheimer Volkswirtschaftliche Schriften Series ;
|v v.11
|
| 505 |
0 |
|
|a Cover -- Introduction: Antitrust Economics, Policy, and Law at the Crossroads: A Reorientation -- I. The Context -- II. Developments in U.S. Antitrust Policy During the 1970s and 1980s -- 1. Antitrust Economics -- 2. Antitrust Enforcement -- a. The Antitrust Division of the Department of Justice -- b. The Federal Trade Commission -- 3. Antitrust Adjudication -- 4. Antitrust Legislation -- III. The Source of Reorientation: The Chicago School of Antitrust Analysis -- 1. The Foundations -- 2. Chicago Antitrust Philosophy -- IV. Definition of the Field of Research and Course of Inquiry -- Part 1: Analytical Framework for the Evaluation of Restraints of Competition by Industrial Concentration -- I. Free Enterprise System. Competition, and Public Policy -- 1. Economic Order and Competition -- 2. Nature and Meaning of Competition -- 3. Competition and Public Policy -- II. Economic Evaluation of Industrial Concentration: Theoretical Approach and Public Policy -- 1. Antitrust Policy Objectives -- a. Objectives and Interrelations -- b. Conflicting Objectives -- 2. Elements of the Approach to an Evaluation of Industrial Concentration -- a. Models of Competition -- b. The Structure-, Conduct-, Performance-Paradigm, and the Competitive Process -- c. Effective Competition and Competition Impairment -- d. Intensity of Competition and the Adequate Test -- 3. The Treatment of Competition Impairment and Public Policy Alternatives -- a. Approaches -- b. Rules -- III. Competition and Industrial Concentration -- 1. Concentration and Economic Theory -- a. Nature and Meaning of Economic Concentration -- b. Economic Concentration and Power -- c. Features of Industrial Concentration -- aa. Significance -- bb. Causes -- cc. Effects -- d. Forms of Industrial Concentration -- aa. Internal Growth -- bb. External Growth -- (1) Horizontal Mergers -- (2) Vertical Mergers.
|
| 505 |
8 |
|
|a (3) Conglomerate Mergers -- 2. Measurement of Industrial Concentration -- a. Analysis of Industrial Concentration -- b. Defining the Relevant Market -- c. Measures of Industrial Concentration -- IV. Concluding Remarks -- Part 2: The Central Elements of the Current Theoretical Edifice -- I. The Current Debate on The Goals of Antitrust: Economics or Sociopolitics? -- 1. The Current Efficiency-Orientation -- 2. Evidence of the Goals of Antitrust -- a. Legislative History of the Antitrust Statutes -- b. Adjudicative Development -- c. Plausibility Considerations -- 3. Antitrust Legislation and Rent-Seeking Behavior -- 4. The German Case -- II. Methodology and Theoretical Model Underlying the Evaluation of the Competitiveness of Mergers -- 1. The General Methodology of Analysis -- a. Neoclassical Price Theory as an Instrument of Analysis -- b. Price/Quantity-Interrelations as Indicators of Consumer Welfare -- c. The General Methodology: Conclusions -- 2. Mergers, Efficiency, and the Model for Evaluation -- a. Consumer Welfare and Efficiency: Remarks on Interdependence -- b. The Incorporation of Current Efficiency Considerations -- c. The Partial Equilibrium Trade-Off Model Reconsidered -- d. Qualifications to the Model -- aa. Premises and Assumptions -- bb. General Welfare Measurement -- cc. Allocative Efficiency -- dd. Productive Efficiency -- ee. Transfer of Wealth -- III. Impediments to New Competition -- 1. Perfect Competition, Monopoly, and Potential Competition -- 2. The Meaning, Definition, and Importance of Barriers to New Competition -- 3. The Measurement of Barriers to New Competition -- 4. Kinds of Barriers to New Competition and their Sources: Plausibility and Empirical Evidence -- a. Structural Barriers -- aa. Economies of Large Scale -- bb. Absolute Cost Advantages -- cc. Product Differentiation Advantages -- b. Strategic Barriers.
|
| 505 |
8 |
|
|a c. Legal and Administrative Barriers -- d. Barriers to Exit -- 5. An Evaluation of Impediments to New Competition -- IV. Concluding Remarks -- Part 3: Industrial Concentration through Horizontal Mergers: Effects on Performance -- I. The Economic Rationale Underlying the Traditional Merger Policy -- 1. The Content of the Concentration-Collusion Doctrine -- 2. Economic Returns as a Standard of Measurement -- 3. Empirical Attempts to Verify the Concentration-Collusion Doctrine -- a. Empirical Evidence -- aa. Concentration and Prices -- bb. Concentration, Profit Rates, and Price-Cost Margins -- b. Collusion and "Critical Levels" of Concentration -- c. The Suitability of the Different Performance Criteria -- d. Insufficiencies of Traditional Studies -- II. The Validity of the Mainline Paradigm and the New Learning-Hypothesis -- 1. Efficiency as a Cause of Concentration -- 2. Concentration as a Possible Cause of Collusion -- 3. The Theoretical Basis and the Empirical Evidence of the New Learning-Hypothesis -- 4. Revised Policy Conclusions for Horizontal Mergers -- 5. Critical Evaluation of the New Learning-Hypotheses, the Underlying Premises, and their Empirical Evidence -- a. Impediments to Competition -- b. Accounting Data and the Data Base -- c. The Core of the Oligopoly and Other Omissions -- d. The Persistence of Profits in the Long Run -- III. Firm Market Share as the Essential Determinant of Interfirm Profitability Differences -- 1. Interfirm Profitability Differences: Efficiency or Market Power? -- 2. The Range of Economies of Size as an Alternative Explanatory Approach -- 3. The Evidence of Efficiency on the Basis of Merger Performance -- IV. Concluding Remarks -- Part 4: Vertical Mergers: Anticompetitive Effects and the Attainment of Efficiencies -- I. Vertical Integration and Efficiency-Enhancement.
|
| 505 |
8 |
|
|a 1. Transaction-Costs and Different Mechanisms for the Organization of Economic Exchange -- a. Economic Exchange via Markets: Costs of Using the Price Mechanism -- b. Economic Exchange via Organizations: Costs of Using Internal Organization -- 2. Efficiency-Enhancement as the Underlying Reasoning for Vertical Integration -- 3. Efficiency Gains vs. Anticompetitive Consequences: Necessity for a Trade-Off? -- II. Empirical Evidence on the Extent of Vertical Integration and Associated Efficiency Advantages -- 1. The Measurement of the Extent of Vertical Integration -- 2. The Empirical Evidence on Efficiency-Enhancement -- a. Studies on Transaction-Specific Market Characteristics -- b. Studies on Actual Cost Savings -- 3. A Critical Review of the Applicability of the Transaction-Cost Approach to an Efficiency Analysis of Vertical Integration -- III. An Evaluation of Possible Anticompetitive Consequences Resulting from Vertical Integration -- 1. The Reasoning Underlying Anticipated Anticompetitive Consequences: Foreclosure of Actual and Potential Competitors -- 2. Particular Anticompetitive Effects Associated with Foreclosure -- a. Price and Output Consequences -- b. Price and Supply Squeeze -- c. Price Discrimination -- d. Impediments to New Competition -- e. Collusive Effects -- 3. The Likelihood of Anticompetitive Effects and Revised Policy Conclusions -- IV. Concluding Remarks -- Résumée: Application of the Results of an Analysis of the Chicago School Approach Towards Industrial Concentration -- I. The Legal Treatment of Industrial Concentration -- 1. The Approach -- 2. The Relevant Statutes -- 3. The Merger Term in the Statutes -- 4. The Minimum Thresholds -- 5. The Point of Intervention -- 6. Overall Justification -- II. Trends and Tendencies in Enforcement and Adjudication -- 1. The Use of Economic Evidence in Enforcement and Adjudication.
|
| 505 |
8 |
|
|a 2. An Evaluation of Trends and Tendencies -- a. Determining Market Delineation -- b. Determining Market Domination -- aa. Superior Market Position -- (1) Market Structure -- (a) Market Share -- (b) Financial Strength -- (c) Market Barriers -- (2) Market Conduct -- bb. Oligopolistic Domination -- c. Strengthening Market Domination -- III. An Evaluation of the Propositions for a Reform of Merger Control in the Fifth Amendment of the ARC -- 1. Political and Economic Order: Thoughts on Structural Complementarity -- 2. The Object of Protection: Competition vs. Competitors -- 3. An Evaluation of the Proposals on the Basis of Our State of Knowledge -- a. The Proposals -- b. The Evaluation -- IV. Concluding Remarks.
|
| 588 |
|
|
|a Description based on publisher supplied metadata and other sources.
|
| 590 |
|
|
|a Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2023. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
|
| 655 |
|
4 |
|a Electronic books.
|
| 776 |
0 |
8 |
|i Print version:
|a Rittaler, Jan B.
|t Industrial Concentration and the Chicago School of Antitrust Analysis
|d Frankfurt a.M. : Peter Lang GmbH, Internationaler Verlag der Wissenschaften,c1989
|z 9783631408742
|
| 797 |
2 |
|
|a ProQuest (Firm)
|
| 830 |
|
0 |
|a Hohenheimer Volkswirtschaftliche Schriften Series
|
| 856 |
4 |
0 |
|u https://ebookcentral.proquest.com/lib/matrademy/detail.action?docID=30686081
|z Click to View
|
