Catalog 2013-2014

ECO 330 Antitrust Economics for Business

The course explores U.S. antitrust law. Economic analysis is used to understand the motivations behind antitrust laws and to evaluate their success. Students will: 1) explore the social losses that can accompany market-power and why American society has chosen antitrust to deal with those consequences; 2) learn that collusive price fixing and market allocation communications and agreements are per se felony offenses, and that violators have been and continue to be sentenced to jail terms; and 3) analyze recent antitrust cases to understand the broad structure of antitrust law and to show the relevance of antitrust in the American business environment.

Credits

4

Prerequisite

ECO 204.

Offered

May term