Antitrust Economics

This book provides a thorough treatment of the economic theory that both motivates and to varying degrees, guides the design and enforcement of the antitrust laws of the Untied States. A comprehensive analysis of both horizontal and vertical antitrust issues is provided. Throughout, economictheory is used to evaluate antitrust policy as revealed in both the relevant legislation and landmark cases. Policy issues motivate the theory and the theory informs the evaluation of policy.

ROGER D. BLAIR is the Huber Hurst Professor of Economics at the University of Florida. His teaching and research centers mainly on issues in antitrust economics. He has published several books and many articles in economics journals and law reviews. In addition, he has provided consulting services to the Department of Justice, the Federal Trade Commission, and many private parties.
DAVID L. KASERMAN is Torchmark Professor of Economics at Auburn University. He has over 25 years of experience as a professional economist and has been employed both in government agencies and academic institutions. His research interests are primarily in the fields of applied microeconmics and industrial organization