The Antitrust Revolution

Fully updated to reflect important developments in antitrust economics, The Antitrust Revolution, Seventh Edition, examines the critical role of economic analysis in recent antitrust case decisions and policy. The case studies--more than three-quarters of which are entirely new--are written by prominent economists who participated in the proceedings of that case. New and revised appendices support a number of the case studies and help students with theanalysis of those cases.

“"IThe Antitrust Revolution provides detailed real-life examples of how industrial economics theory and econometric tools can impact policy and consumer welfare. The examples are relevant and fun for students to read."--Emily Wang, University of Massachusetts Amherst "This book includes the fundamentals but presents them in a way that is interesting and appealing to students. It allows faculty to teach an antitrust class at different levels and has a real-world perspective that most economics textbooks lack."--Sarah Cosgrove, University of Massachusetts Dartmouth "A great book. It demonstrates the effect that economic analysis can have on real-world events and outlines how economic analysis has influenced and improved antitrust policy over the past fifty years. It's excellent for economics majors to see how their field has influenced the world they live in for the better."--Christopher Klein, Middle Tennessee State University”

"IThe Antitrust Revolution provides detailed real-life examples of how industrial economics theory and econometric tools can impact policy and consumer welfare. The examples are relevant and fun for students to read."--Emily Wang, University of Massachusetts Amherst"This book includes the fundamentals but presents them in a way that is interesting and appealing to students. It allows faculty to teach an antitrust class at different levels and has a real-world perspective that most economics textbooks lack."--Sarah Cosgrove, University of Massachusetts Dartmouth"A great book. It demonstrates the effect that economic analysis can have on real-world events and outlines how economic analysis has influenced and improved antitrust policy over the past fifty years. It's excellent for economics majors to see how their field has influenced the world they live in for the better."--Christopher Klein, Middle Tennessee State UniversityA collection of economics-focused case studies of leading antitrust cases over the past decade or two, sorting out the often-conflicting theoretical arguments. It also explains well the legal context in which antitrust economists work. --Robert Feinberg, American University rThis is an up-to-date, well-written, and non-technical book by experts in the field. It is a compulsory reading for all economics, business, and law students.--Yong Chao, iUniversity of Louisville r

John E. Kwoka is Neal F. Finnegan Distinguished Professor of Economics at Northeastern University. He is the author or editor of three books and more than 75 articles in the areas of industrial economics, antitrust, and regulation. His book Mergers, Merger Control, and Remedies: A Retrospective Analysis of U.S. Policy was published by MIT Press in 2015. Professor Kwoka is presently a Research Fellow of the American Antitrust lnstitute andis on the boards of Industrial Organization Society and the Review of Industrial Organization. He has also served at the Federal Trade Commission, the Antitrust Division of the Justice Department, and the Federal CommunicationsCommission.Lawrence J. White is Robert Kavesh Professor of Economics at the Stern School of Business, New York University, where he has taught for over 40 years. His primary areas of research interest include financial regulation, antitrust, network industries, international banking, and applied microeconomics. He is the author of several books, including The S&L Debacle: Public Policy Lessons for Bank and Thrift Regulation (OUP, 1991), Reducing the Barriers toInternational Trade in Accounting Services (2001), and U.S. Public Policy toward Network Industries (1999).

Fully updated to reflect important developments in antitrust economics, The Antitrust Revolution, Seventh Edition, examines the critical role of economic analysis in recent antitrust case decisions and policy. The case studies--more than three-quarters of which are entirely new--are written by prominent economists who participated in the proceedings of that case. New and revised appendices support a number of the case studies and help students with theanalysis of those cases.

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