Monopsony in Law and Economics

Monopsony in Law and Economics provides a comprehensive examination of the economic analysis of monopsony, the economic condition in which there is a single buyer of a good or service. It also examines the substantive and procedural aspects of antitrust law as they apply to monopsony.

1. Introduction; 2. The antitrust laws and monopsonistic forms of conduct; 3. Economic theory of monopsony; 4. The antitrust response to monopsony and collusive monopsony; 5. Cooperative buying efforts; 6. Bilateral monopoly; 7. Monopsony and antitrust enforcement; 8. Monopsony in action: agricultural markets; 9. Monopsony in action: the NCAA; 10. Monopsony in action: physician collective bargaining: monopoly or bilateral monopoly; 11. Final comments.