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Antitrust reform: Predatory practices and the competitive process

โœ Scribed by Dominick T. Armentano


Publisher
Springer US
Year
1989
Tongue
English
Weight
842 KB
Volume
3
Category
Article
ISSN
0889-3047

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## Abstract Understanding the behavior of markets requires understanding not just the level of return but also its dynamics. The speed at which abnormal returns dissipate is one useful indicator of the competitive process. We model for US and Japanese firms the process of competition as reflected i