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010   $a9786612771545
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101 0 $aeng
135   $aur|||||||||||
181   $ctxt$2rdacontent
182   $cc$2rdamedia
183   $acr$2rdacarrier
200 10$aMonopsony in law and economics /$fRoger D. Blair, Jeffrey L. Harrison$b[electronic resource]
205   $a2nd ed.
210  1$aCambridge :$cCambridge University Press,$d2010.
215   $a1 online resource (xiv, 247 pages) $cdigital, PDF file(s)
300   $aTitle from publisher's bibliographic system (viewed on 05 Oct 2015).
311   $a0-521-74608-6 
311   $a0-521-76230-8 
320   $aIncludes bibliographical references and index.
327   $aIntroduction -- The antitrust laws and monopsonistic forms of conduct -- Economic theory of monopsony -- The antitrust response to monopsony and collusive monopsony -- Cooperative buying efforts -- Bilateral monopoly -- Monopsony and antitrust enforcement -- Monopsony in action : agricultural markets -- Monopsony in action: the NCAA -- Monopsony in action : physician collective bargaining : monopoly or bilateral monopoly -- Final comments.
330   $aMost readers are familiar with the concept of a monopoly. A monopolist is the only seller of a good or service for which there are not good substitutes. Economists and policy makers are concerned about monopolies because they lead to higher prices and lower output. The topic of this book is monopsony, the economic condition in which there is one buyer of a good or service. It is a common misunderstanding that if monopolists raise prices, then monopsonists must lower them. It is true that a monopsonist may force sellers to sell to them at lower prices, but this does not mean consumers are better off as a result. This book explains why monopsonists can be harmful and the way law has developed to respond to these harms.
517 3 $aMonopsony in Law & Economics
606   $aAntitrust law$xEconomic aspects$zUnited States
606   $aMonopsonies$zUnited States
615  0$aAntitrust law$xEconomic aspects
615  0$aMonopsonies
676   $a343.73/0721
700   $aBlair$b Roger D.$0107059
702   $aHarrison$b Jeffrey L.$f1946-
801  0$bUkCbUP
801  1$bUkCbUP
906   $aBOOK
912   $a9910785199203321
996   $aMonopsony in law and economics$93813845
997   $aUNINA