Overview
Utton (economics, U. of Reading) explores the problems of market dominance and antitrust policy as they appear in Europe and the US. After analyzing the problem, its possible extent, and the institutions used to deal with it, he distinguishes horizontal from vertical issues, looks at the market conduct of dominant firms, collusion, horizontal mergers, relationships between firms and their input suppliers or their distributors, the effectiveness of antitrust policy including appropriate sanctions against those who infringe the law and those who attempt to mould its application to their own purposes, and conflicts between antitrust and trade policies. No date is noted for the first edition, but the second focuses on changes that came into effect in 2001. Annotation ©2003 Book News, Inc., Portland, ORSynopsis
Utton (economics, U. of Reading) explores the problems of market dominance and antitrust policy as they appear in Europe and the US. After analyzing the problem, its possible extent, and the institutions used to deal with it, he distinguishes horizontal from vertical issues, looks at the market conduct of dominant firms, collusion, horizontal mergers, relationships between firms and their input suppliers or their distributors, the effectiveness of antitrust policy including appropriate sanctions against those who infringe the law and those who attempt to mould its application to their own purposes, and conflicts between antitrust and trade policies. No date is noted for the first edition, but the second focuses on changes that came into effect in 2001. Annotation ©2003 Book News, Inc., Portland, OR
Booknews
Combines an analysis of the issues with a discussion of the leading cases in the UK, EU, and US. Areas covered include market dominance and the institutions used to deal with it, the market conduct of dominant firms, and the relationship between firms and their suppliers or distributors. The concluding section deals with some controversial questions including possible conflicts between trade and antitrust policy, foreign ownership of domestic assets, extra-territorial claims by some countries, and the apparent inadequacy of antitrust remedies. Annotation c. Book News, Inc., Portland, OR (booknews.com)