Market Regulation gives readers the economic intuition to analyze the history of antitrust and regulation, diagnose current corporate strategy, and evaluate possible policy recommendations. Roger Sherman grounds modern examples in historical context and develops thought-provoking discussions to motivate readers from many different backgrounds.
Introduction to Market Regulation; Competition as a Market Regulator; Problems for Competition as Regulator. The Regulation of Competition: Focus of the Law: The Modern Business Firm; Market Structure; Market Strategy; Market Innovation; The Origin and Development of Antitrust Law; Applications of Antitrust Law. The Regulation of Industries: Industry Regulation; Pricing Principles; Institutions of Industry Regulation;Postal Service; Communications Services; Communication for News and Entertainment; Transportation; Energy; Electricity. Social Regulation: Social Regulation of Markets; Pursuing Social Regulation; Environmental Protection; Worker Protection; Consumer Protection; Protecting against Effects of Firm Failure. For all readers interested in antitrust and regulation economics.