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Administrative Law - Competition and Antitrust Law: A Very Short Introduction (Very Short Introductions)

Description

Book Synopsis: Very Short Introductions: Brilliant, Sharp, Inspiring

Competition is responsible for much of the prosperity around us. Competitive markets deliver lower prices, better quality, abundance of choice, and increased innovation. But while competition benefits the consumers, it can prove challenging to producers and sellers, who need to constantly improve to stay in business. As a result, sellers may sometimes look for ways to dampen the competitive process. Our antitrust and competition laws are designed to address these risks and safeguard consumer welfare. The competition enforcers have the task of unravelling price-fixing cartels, challenging powerful companies that abuse their power, and monitoring proposed merger transactions that could undermine effective competition. In doing so, competition enforcers have to carefully consider the level of intervention and ensure they do not distort the natural dynamics of competition.

Drawing on case studies from the US and the European Union, this Very Short Introduction explores the promise and limitations of competitive market dynamics. In examining the laws and the way they are enforced, Ariel Ezrachi considers the delicate relationship between a free market economy and government intervention, and the fascinating forces of competition that shape modern society.

ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

Details

Discover the key to success in today's competitive market with the Competition and Antitrust Law: A Very Short Introduction (Very Short Introductions) book. This brilliant and inspiring guide unveils the power of competition and its impact on our economy. By delving into case studies from the US and the European Union, author Ariel Ezrachi highlights the benefits competition brings to consumers: lower prices, better quality, and an abundance of choice.

But competition isn't always smooth sailing for producers and sellers. That's why antitrust and competition laws exist – to protect consumer welfare and ensure a fair market. With this book, you'll gain insights into how competition enforcers tackle challenges such as price-fixing cartels, the abuse of power by dominant companies, and proposed merger transactions that may undermine competition. Delving deeper, you'll discover the delicate balance between government intervention and a free market economy.

By reading Competition and Antitrust Law: A Very Short Introduction, you'll tap into the fascinating forces that shape modern society. Explore the promise and limitations of competitive market dynamics, and gain a comprehensive understanding of the laws and their enforcement. This pocket-sized book is the perfect way to quickly familiarize yourself with this essential subject area.

Don't miss out on this must-read book! Harness the power of competition and learn how it drives our economy forward. Elevate your knowledge and get ahead in the world of business with the Competition and Antitrust Law: A Very Short Introduction. Get your copy today and unleash the potential of a competitive market!

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