Abstract

Pierre Y. Cremieux of Analysis Group Inc. reviews “Monopsony in Law and Economics” by Roger D. Blair and Jeffrey L. Harrison. The EconLit abstract of the reviewed work begins, “Expanded second edition explores the law and economics of monopsony. Discusses the antitrust laws and monopsonistic forms of conduct; the economic theory of monopsony; the antitrust response to monopsony and collusive monopsony; cooperative buying efforts; bilateral monopoly; monopsony and antitrust enforcement; monopsony in action--agricultural markets; monopsony in action--the NCAA; and monopsony in action--Physician Collective. Blair is Walter J. Matherly Professor of Economics at the University of Florida. Harrison is Stephen C. O'Connell Chair and Professor of Law at the University of Florida College of Law. Bibliography; index.”

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