Competition Policy, Domestic and International (Economists of the Twentieth Century series)

A collection of 26 published and unpublished papers by Scherer (public policy and corporate management, Harvard U.) on a wide range of issues affecting competition policy. Among them are the strategies pursued by enterprises with monopoly power, tradeoffs between competition goals and the attainment of static and dynamic efficiency, implementing effective remedies in merger and monopoly cases, the role of competition policy in an increasingly open world economy. A sampling of specific topics reveals sunlight and sunset at the Federal Trade Commission, the economics of vertical restraints, and retail distribution channel barriers to international trade. There is no subject index. Annotation c. Book News, Inc., Portland, OR (booknews.com)