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Predatory Conduct

In: Welfare Economics and Antitrust Policy - Vol. I

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  • Richard S. Markovits

    (University of Texas School of Law)

Abstract

This chapter focuses on “predatory conduct.” “Predatory conduct” is conduct perpetrated by one or more actors whose ex ante perception of its ex ante profitability was “critically affected” by its/their belief that it would or might reduce the absolute attractiveness of the best offers against which it/they would have to compete by driving a rival out, by inducing an established rival to sell out to the predator(s) at a distressed price, by deterring a potential competitor from entering the predator’s/predators’ ARDEPPS or an established rival from expanding the amount of investment it made in the relevant ARDEPPS, or by inducing non-economic-efficiency-increasing changes in the product-space location(s) of extant or planned rival investment(s) in the relevant ARDEPPS. This chapter has 11 sections: 10 focus on a particular type of predatory conduct, and one on a type of conduct alleged to be predatory that I think rarely is predatory (systems rivalry).

Suggested Citation

  • Richard S. Markovits, 2021. "Predatory Conduct," Springer Books, in: Welfare Economics and Antitrust Policy - Vol. I, chapter 0, pages 293-357, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-79812-3_10
    DOI: 10.1007/978-3-030-79812-3_10
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