The second edition of Antitrust Economics provides a thorough treatment of the economic theory that both motivates (and to varying degrees) guides the design and enforcement of the antitrust laws of the Untied States. Citing relevant legislation and landmark court cases, the text offers a comprehensive analysis of both horizontal and vertical antitrust issues and uses economic theory to evaluate antitrust policy throughout. The clear, accessible prose in Antitrust Economics explains the theory/policy cycle and provides thorough analysis of market structure and business conduct as they relate to antitrust policy. The text moves fluidly from theory to real world court cases to public policy, making it ideal for upper-level economics majors or law school courses in antitrust law.