Economics at the FTC: Cases and Research, with a Focus on Petroleum
Autor: | Paul A. Pautler, Louis Silvia, Luke M. Froeb, Mark W. Frankena, James C. Cooper |
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Rok vydání: | 2005 |
Předmět: |
Organizational Behavior and Human Resource Management
Economics and Econometrics business.industry Strategy and Management Commission Consumer protection Focus (linguistics) Competition (economics) chemistry.chemical_compound Petroleum industry chemistry Vertical restraints Management of Technology and Innovation Agency (sociology) Economics Petroleum business Industrial organization Law and economics |
Zdroj: | Review of Industrial Organization. 27:223-252 |
ISSN: | 1573-7160 0889-938X |
DOI: | 10.1007/s11151-005-3493-0 |
Popis: | Economics at the Federal Trade Commission (FTC) covers both the antitrust and consumer protection missions. In this year's essay, we focus mainly on the competi- tion-side of the agency. Drawing on a wealth of recent research, we provide descriptive and analytical information about the petroleum industry. Mergers, as always, were a major preoccupation of the FTC, and we discuss a few oil industry mergers as well as one lead- ing litigated case - Arch Coal's acquisition of Triton Coal. Finally, we review the empir- ical literature on the effects of vertical restraints, noting that the literature supporting an animus toward such restraints is surprisingly weak. |
Databáze: | OpenAIRE |
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