Fairness in Antitrust by Adi Ayal

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Summary

This book assesses how modern policy has hijacked popular support - based on traditional conceptions of political and economic power - to combat market power in narrowly defined micro-markets.

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Fairness in Antitrust by Adi Ayal

This book assesses how modern policy has hijacked popular support - based on traditional conceptions of political and economic power - to combat market power in narrowly defined micro-markets.
Adi Ayal is a gifted scholar who uses sophisticated economic, legal and philosophical arguments to reexamine the fundamentals of antitrust lawNot content to accept the economists notion of maximizing efficiency, Professor Ayal shows that economists often ignore basic presumptions of property rights protection and fairness in their analyses. He argues that even monopolists have rights that require protection in any well-functioning legal regime, though those rights have limits. This book will challenge and perhaps frustrate those who think they know the answer to the question of how to balance the competing stakeholders interests under competition policy. What is undeniable is that the book will stimulate thoughtful debate and force analysts to face squarely hard questions that they have ignored. -- Dennis W. Carlton, David McDaniel Keller Professor of Economics, Booth School of Business, University of Chicago
Adi Ayal is a Professor in the Faculty of Law at Bar Ilan University specialising in corporate and competition law, network theory, and applications of game theory to business and legal planning.
SKU Unavailable
ISBN 13 9781849465151
ISBN 10 1849465150
Title Fairness in Antitrust
Author Adi Ayal
Series Hart Studies In Competition Law
Condition Unavailable
Binding Type Hardback
Publisher Bloomsbury Publishing PLC
Year published 2014-04-14
Number of pages 230
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.