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Predatory Pricing in Antitrust Law and Economics: A Historical Perspective (The Economics of Legal Relationships)

Nicola Giocoli




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 | #3220490 in eBooks |  2014-01-10 |  2014-01-10 | File type: PDF

||About the Author||Nicola Giocoli is Associate Professor of Economics at the University of Pisa, Italy

Can a price ever be too low? Can competition ever be ruinous? Questions like these have always accompanied American antitrust law. They testify to the difficulty of antitrust enforcement, of protecting competition without protecting competitors.


As the business practice that most directly raises these kinds of questions, predatory pricing is at the core of antitrust debates. The history of its law and economics offers a privileged standpoint for ass...

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