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Price-Competition

In: Welfare Economics and Antitrust Policy - Vol. I

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  • Richard S. Markovits

    (University of Texas School of Law)

Abstract

Antitrust-law scholarship and antitrust-policy scholarship often refer to the intensity of the price-competition that a seller faces on a particular product and on the impact that particular conduct will have on the intensity of such price-competition. Unfortunately, in many instances, the relevant authors either never specify the metric they think should be used to measure the intensity of such price-competition or shift among alternative metrics they appear to believe (incorrectly) are coincident.

Suggested Citation

  • Richard S. Markovits, 2021. "Price-Competition," Springer Books, in: Welfare Economics and Antitrust Policy - Vol. I, chapter 0, pages 67-81, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-79812-3_4
    DOI: 10.1007/978-3-030-79812-3_4
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