Antitrust and Competition Policy in the Digital Era

Catalog description

This course presents an economic analysis of monopoly power and effort to limit monopoly. This course will help students understand the theoretical rationale and empirical application for competition policy on the classical price-centric economy and recent new economy. Also, this course will provide students with an understanding of the practice of competition policy and antitrust regulation by examining recent prominent public and private antitrust cases, in topics of collusion and merger, network, two-sided market and optimal pricing, exclusionary practices in New Economy as well as Algorithm and Data. Prerequisite: ECON-SHU 10 Intermediate Microeconomics OR ECON-SHU 3 Microeconomics with the minimum grade B OR BUSF-SHU 202 Foundations of Finance OR BUSF-SHU 303 Corporate Finance OR CSCI-SHU 360 Machine Learning. Fulfillment: Economics elective; IMB Business elective.