Multi-Market Antitrust Economics
Antitrust economics is a field that draws extensively on the economic theory of industrial organization, and the field's frontier is at the cutting edge of economic research. This book bridges the gap between introductory texts and advanced research volum
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MULTI-MARKET ANTITRUST ECONOMICS Scott Gilbert
Quantitative Perspectives on Behavioral Economics and Finance
Series Editor James Ming Chen College of Law Michigan State University East Lansing, Michigan, USA
More information about this series at http://www.palgrave.com/series/14524
Scott Gilbert
Multi-Market Antitrust Economics
Scott Gilbert Southern Illinois University Carbondale Illinois USA
Quantitative Perspectives on Behavioral Economics and Finance ISBN 978-3-319-69385-9 ISBN 978-3-319-69386-6 (eBook) https://doi.org/10.1007/978-3-319-69386-6 Library of Congress Control Number: 2017956573 © The Editor(s) (if applicable) and The Author(s) 2018 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: Détail de la Tour Eiffel © nemesis2207/Fotolia.co.uk Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
FOREWORD
Heterodox Antitrust Economics Preface to SCOTT GILBERT, MULTI-MARKET ANTITRUST ECONOMICS (Palgrave Macmillan 2017) I am delighted to welcome Scott Gilbert and Multi-Market Antitrust Economics to Palgrave Macmillan’s series, Quantitative Perspectives on Behavioral Economics and Finance. Professor Gilbert’s volume progressively elaborates antitrust economics from a basic model of monopoly to multi-market scenarios involving spillovers and mergers, and ultimately to broader economic domains such as international trade. His concluding chapter on natural monopoly foreshadows the application of antitrust economics to related legal domains, such as intellectual property1 and industry-specific regulation.2 The transition from single-firm to multimarket antitrust economics, combined with the promise of connections to the broader econo
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