000 02508nam a2200397 i 4500
001 CR9780511778766
003 UkCbUP
005 20240913170823.0
006 m|||||o||d||||||||
007 cr||||||||||||
008 141103s2010||||enk o ||1 0|eng|d
020 _a9780511778766 (ebook)
020 _z9780521762304 (hardback)
020 _z9780521746083 (paperback)
040 _aUkCbUP
_beng
_erda
_cUkCbUP
043 _an-us---
050 0 0 _aKF1652
_b.B55 2010
082 0 0 _a343.73/0721
_222
100 1 _aBlair, Roger D.,
_eauthor.
245 1 0 _aMonopsony in law and economics /
_cRoger D. Blair, Jeffrey L. Harrison.
246 3 _aMonopsony in Law & Economics
264 1 _aCambridge :
_bCambridge University Press,
_c2010.
300 _a1 online resource (xiv, 247 pages) :
_bdigital, PDF file(s).
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
500 _aTitle from publisher's bibliographic system (viewed on 05 Oct 2015).
505 0 _aIntroduction -- The antitrust laws and monopsonistic forms of conduct -- Economic theory of monopsony -- The antitrust response to monopsony and collusive monopsony -- Cooperative buying efforts -- Bilateral monopoly -- Monopsony and antitrust enforcement -- Monopsony in action : agricultural markets -- Monopsony in action: the NCAA -- Monopsony in action : physician collective bargaining : monopoly or bilateral monopoly -- Final comments.
520 _aMost readers are familiar with the concept of a monopoly. A monopolist is the only seller of a good or service for which there are not good substitutes. Economists and policy makers are concerned about monopolies because they lead to higher prices and lower output. The topic of this book is monopsony, the economic condition in which there is one buyer of a good or service. It is a common misunderstanding that if monopolists raise prices, then monopsonists must lower them. It is true that a monopsonist may force sellers to sell to them at lower prices, but this does not mean consumers are better off as a result. This book explains why monopsonists can be harmful and the way law has developed to respond to these harms.
650 0 _aAntitrust law
_xEconomic aspects
_zUnited States.
650 0 _aMonopsonies
_zUnited States.
700 1 _aHarrison, Jeffrey L.,
_d1946-
_eauthor.
776 0 8 _iPrint version:
_z9780521762304
856 4 0 _uhttps://doi.org/10.1017/CBO9780511778766
942 _2ddc
_cEB
999 _c9963
_d9963