Economics and the Interpretation and Application of U.S. and E.U. Antitrust Law

The book critiques conventional anti-trust legislation analysis by highlighting overlooked inefficiencies. It introduces a 'distortion-analysis' approach that aligns with second-best theory, offering a fresh perspective on the economic efficiency of business practices governed by anti-trust law. This innovative framework aims to enhance understanding of the complexities within anti-trust issues, making it a valuable resource for economists and legal scholars alike.