£
Competition Law and Economics

Hardback

Competition Law and Economics

Developments, Policies and Enforcement Trends in the US and Korea

9781839103407 Edward Elgar Publishing
Edited by Jay Pil Choi, Professor, Department of Economics, Michigan State University, US and Department of Economics, Yonsei University, Republic of Korea, Wonhyuk Lim, Professor, KDI School of Public Policy, Republic of Korea and Sang-Hyop Lee, Senior Fellow, East-West Center and Professor, Department of Economics, University of Hawaii at Manoa, US
Publication Date: April 2020 ISBN: 978 1 83910 340 7 Extent: 232 pp
In this exciting new book, an international team of experts compare market structures, in both global and Korean contexts, particularly focusing on the impact of foreign competition on market concentration and ways to improve market structure. It thoroughly investigates core competition problems, including international abuses of dominance, mergers and collusion, and vertical restraints. Contributions move beyond explaining the laws and practices of enforcement agencies, offering readers an insight into the trend of an ever-increasing interdependence among national economies, complemented by analyses of recent developments in the US and Canada.

Copyright & permissions

Recommend to librarian

Your Details

Privacy Policy

Librarian Details

Download leaflet

Print page

More Information
Contributors
Contents
More Information
Offering a comprehensive overview of the major issues that arise in the enforcement of competition laws, this book takes an interdisciplinary approach to the topic, reviewing the development of Korean competition laws and their enforcement with rigorous economic analysis. Chapters build on the Korean experience, providing guidance to the capacity-building efforts of developing countries that have recently introduced competition laws.

In this exciting new book, an international team of experts compares market structures, in both global and Korean contexts, particularly focusing on the impact of foreign competition on market concentration and ways to improve market structure. It thoroughly investigates core competition problems, including international abuses of dominance, mergers and collusion, and vertical restraints. Contributions move beyond explaining the laws and practices of enforcement agencies, offering readers an insight into the trend of ever-increasing interdependence among national economies, complemented by analyses of recent developments in the US and Canada.

The exploration of clear trends both in Korea and globally will prove valuable to scholars and students of industrial competition policy, and law and economics. It will also be useful to policy-makers, particularly those in developing countries, looking to better understand the issues surrounding competition law and designing future policies.
Contributors
Contributors include: S.H. Bang, W. Chang, J.P. Choi, J. Farrell, Y. Jin, W.E. Kovacic, S. Lee, S.-H. Lee, W. Lim, R.C. Marshall, L.M. Marx, C. Mezzetti, R.A. Winter, Y.H. Yang

Contents
Contents:

Preface by Jeong Pyo Choi ix

1 Introduction and overview 1
Jay Pil Choi, Wonhyuk Lim and Sang-Hyop Lee

PART I SETTING THE STAGE
2 Competition law and economics: international cooperation
and convergence in competition policy 13
Jay Pil Choi

PART II MARKET STRUCTURE
3 Market structure and market studies 30
William E. Kovacic
4 An empirical study of the competitive pressure of the foreign
sector in Korea 51
Suil Lee

PART III ABUSE OF DOMINANCE
5 Structured rule of reason analysis of tying arrangements 82
Yong Hyeon Yang

PART IV MERGER AND COLLUSION
6 Comments on merger guidelines 111
Joseph Farrell
7 What next? Cartel strategy after getting caught 125
Robert C. Marshall, Leslie M. Marx and Claudio Mezzetti

PART V VERTICAL RESTRAINTS
8 Competition policy and the economics of vertical restraints 146
Ralph A. Winter
9 Resale price maintenance in a multi-producer and
multi-distributor setting 174
Se Hoon Bang and Yangsoo Jin
10 Retail price coordination in Korean department stores: the
specific purchase contract 190
Woohyun Chang

Index

This title is available for institutional purchase via Elgaronline.

View sample chapter

eBook
£25.00
eISBN: 978 1 83910 341 4
My Cart