Unilateral Practices and the Dominant Firm: The European Community and the United States
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Description
In this book, Stephen Copp has brought together some of the world's leading figures in the field of law and economics to discuss questions that are central to our understanding of how a free-market economy operates. Though most people accept that a free economy cannot exist in a legal vacuum, important questions about how systems of law come into being and what form they should take remain in dispute. The authors shed light on some of these issues, such as whether common law systems are better than codified law systems; the relationship between natural law and government law; whether systems of law evolve within societies or are imposed from above by government; and, the role of human rights, as guaranteed by constitutions.After examining these questions, the authors then proceed to look at specific problems that are frequently disputed by economists - such as the role of competition law; the relationship between law, regulation and economics; and, how the law can protect the environment without onerous regulation. This collection is an important contribution to the literature in the field of law and economics. It is important both for economists who wish to understand more about the origins and purposes of law and regulation, and for lawyers who need to understand more about the economic foundations of sound legal systems.
Source Publication
The Legal Foundations of Free Markets
Source Editors/Authors
Stephen F. Copp
Publication Date
2008
Recommended Citation
Epstein, Richard A., "Unilateral Practices and the Dominant Firm: The European Community and the United States" (2008). Faculty Chapters. 391.
https://gretchen.law.nyu.edu/fac-chapt/391
