The economics of competition

"This book comprehensively explores the concept that monopolies are self-limiting within unrestricted competition, as well as the various market features of competition, innovation, and market power. The Economics of Competition uses the South African pharmaceutical industry as a case study to challenge accepted economic and regulatory views on competition and monopoly, then re-establishes and emphasizes the importance of foundational economic principles. This detailed examination is designed to be useful and informative for scholars and practitioners of competition (antitrust) law, microeconomics, industrial economics, industrial organization, managerial economics, and marketing strategy."--Jacket.