Antitrust, Regulation, and the New Economy

3 Credits

Analyzes government responses to market power by examining antitrust policy and the regulation of natural monopoly. Focus in antitrust is on price-fixing, mergers, and dominant firms, and includes an introduction to the economics of platforms that highlights the new challenges they present. Analysis of regulation is focused on the problem of setting prices for a natural monopoly, on theories of regulation, and on the difficulties of deregulating. Prerequisites: ECO 146 Attribute/Distribution: CC, Q, SS