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The Metaphysics of Market Power

The Zero-sum Competition and Market Manipulation Approach

By: George Raitt
Media of The Metaphysics of Market Power
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Published: 02-05-2019
Format: EPUB eBook (?)
Edition: 1st
Extent: 328
ISBN: 9781509928088
Imprint: Hart Publishing
Series: Hart Studies in Competition Law
RRP: £86.40
Online price : £77.76
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About The Metaphysics of Market Power

Australian competition law has just emerged from a significant period of reform which has seen controversial changes to the legal test to distinguish between normal competitive conduct and conduct that should be condemned. The controversy continues, arguably because the traditional legal conception of market power does not provide a useful standard in real world markets. This important new book offers a radical interpretation of market power, based on the power to manipulate. Seeing it in this way allows for positive and normative standards within which to frame a legal theory of liability for misuse of that power. The book provides suggestions to improve the forensic assessment of conduct that should be condemned as misuse of market power.

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