The Antitrust Revolution: Economics, Competition, and Policy

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The Antitrust Revolution: Economics, Competition, and Policy, 4/e, examines the critical role of economic analysis in recent antitrust case decisions and policy. The book consists of economic studies of twenty of the most significant antitrust cases of recent years, fourteen of them new to this edition and six updated from the third edition. These cases include alleged anticompetitive practices by Microsoft, Intel, and American Airlines; mergers-proposed or consummated-by AOL and TimeWarner, GE and Honeywell, MCI WorldCom and Sprint, and BP Amoco and ARCO; and other competitive issues such as bid rigging on school milk contracts, professional sports league practices, prescription drug pricing, and vertical restraints by manufacturers in regard to distributors. New overview essays precede the four sections of the book: Horizontal Structure, Horizontal Practices, Vertical and Related Market Issues, and Network Issues.
Commissioned and edited by John E. Kwoka and Lawrence J. White, the case studies are written by prominent economists who participated in the proceedings. These economists were responsible for helping to formulate the economic issues, undertake the necessary economic research, and offer the economic arguments in court. As a result, they are uniquely qualified to describe and analyze the cases. Fully updated with the most current examples, this volume provides detailed and comprehensive insight into the central role that is now played and will continue to be played by economics and economists in the antitrust process. The Antitrust Revolution, 4/e, is ideal for undergraduate and graduate classes in industrial organization, government policy, and antitrust/regulation law and economics. It is also a useful reference book for lawyers and economists–both academics and practitioners–who are interested in the types of economic analyses that have been applied in recent antitrust cases.
A companion website is now available at New to the fourth edition, the site features cases from the previous three editions.

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