Industrial Organization is a central branch of microeconomics that has historically provoked a great deal of debate among economists. Drawing on this background, the author examines the economics of markets, industries, and their participants, and in doing so addresses the implications for public policy towards the business behaviour of firms. Examining both US Antitrust and EU Competition Policy, Industrial Organization in Context takes an international approach and employs classic and contemporary examples throughout to show how key theories are put into action. Experimental tests of models will help you to grasp essential economic questions, while the discussion of economic history allows you to understand where we are today by appreciating how we got there.
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