| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21167 |
| 来源ID | Working Paper 21167 |
| Market Definition, Market Power | |
| Louis Kaplow | |
| 发表日期 | 2015-05-18 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | Market definition and market power are central features of competition law and practice but pose serious challenges. On one hand, market definition suffers decisive logical infirmities that render it infeasible, unnecessary, and counterproductive, and the practice of stating market power requirements as market share threshold tests is incoherent as a matter of empirics and policy. On the other hand, market power is often probative of the desirability of liability, yet the typically assumed functional relationship is unexplored and often implausible. These latter deficiencies are addressed through a ground-up analysis of the channels by which market power can be relevant. It is important to explicitly and simultaneously consider both anticompetitive and procompetitive explanations for challenged practices and to attend to the magnitudes of the social consequences of correct and mistaken imposition of liability in order to identify the various ways and senses in which market power bears on optimal decision-making. |
| 主题 | Microeconomics ; Market Structure and Distribution ; Other ; Law and Economics ; Industrial Organization ; Market Structure and Firm Performance ; Antitrust |
| URL | https://www.nber.org/papers/w21167 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578842 |
| 推荐引用方式 GB/T 7714 | Louis Kaplow. Market Definition, Market Power. 2015. |
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