This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...

Since 1979, when the first antidumping case against China was initiated by the European Union, the EU has lodged nearly 90 antidumping proceedings against China by the end of 2000. China by now, has become the country most accused of dumping by the EU. Most of the antidumping suits have led to...