Market Definition

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Market Definition

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Title: Market Definition
Author: Kaplow, Louis
Citation: Kaplow, Louis. 2014. Market Definition. In The Oxford Handbook of International Antitrust Economics, Volume 1, eds. Roger D. Blair and D. Daniel Sokol. Oxford: Oxford University Press.
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Abstract: Market definition has long held a central place in competition law. This entry surveys recent analytical work that has called the market definition paradigm into question on a number of fronts: whether the process is feasible, whether market share threshold tests are coherent, whether the hypothetical monopolist test in merger guidelines is counterproductive, and whether and when the frequent focus on cross-elasticities is useful.
Published Version: https://global.oup.com/academic/product/the-oxford-handbook-of-international-antitrust-economics-volume-1-9780199859191?cc=us&lang=en&#
Other Sources: http://ssrn.com/abstract=2265304
http://www.law.harvard.edu/programs/olin_center/papers/pdf/Kaplow_745.pdf
Terms of Use: This article is made available under the terms and conditions applicable to Open Access Policy Articles, as set forth at http://nrs.harvard.edu/urn-3:HUL.InstRepos:dash.current.terms-of-use#OAP
Citable link to this page: http://nrs.harvard.edu/urn-3:HUL.InstRepos:30006868
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