Brianna L. Alderman is a Theodore H. Ashford Fellow at Harvard University. She is a Ph.D. student in the Department of Economics at Harvard University and currently holds bachelor's degrees in Economics, Mathematics, and Statistics from the University of Florida. Her current field interests include industrial organization, labor economics, and antitrust economics. Roger D. Blair is a Professor of Economics at the University of Florida. His research and teaching centers around antitrust economics. He has coauthored Monopsony in Law and Economics, Antitrust Policy in Health Care Markets, Antitrust Economics, and The Economics of Franchising. He has published over 200 articles in Economics journals and law reviews.

'Monopsony in Labor Markets is an excellent, empirically rich, and modestly technical treatment of a subject that will be especially helpful to antitrust lawyers and economists trying to sort out the effects of monopsony power on labor. The authors include full chapters on wage collusion and no poach agreements, noncompete agreements, and mergers. This book is particularly useful on questions like the extent and measurement of labor market concentration and power, tradeoffs between output and input effects, and the role of efficiencies. A must-read for an antitrust era in which harm to workers has suddenly become important.' Herbert Hovenkamp, Dinan University Professor, Univ. of Pennsylvania Law School and the Wharton School

• 1. Introduction; 2. The Economics of Monopsony; 3. Empirical Evidence of Monopsony in Labor Markets; 4. Antitrust Policy; 5. The Intended and Unintended Victims of Monopsony; 6. Collusion on Wages and Terms of Employment; 7. No Poaching Agreements; 8. Non-Compete Agreements; 9. Unions and Collective Bargaining; 10. Monopsony and Merger Policy; 11. Closing Thoughts.

Brianna L. Alderman is a Theodore H. Ashford Fellow at Harvard University. She is a Ph.D. student in the Department of Economics at Harvard University and currently holds bachelor's degrees in Economics, Mathematics, and Statistics from the University of Florida. Her current field interests include industrial organization, labor economics, and antitrust economics. Roger D. Blair is a Professor of Economics at the University of Florida. His research and teaching centers around antitrust economics. He has coauthored Monopsony in Law and Economics, Antitrust Policy in Health Care Markets, Antitrust Economics, and The Economics of Franchising. He has published over 200 articles in Economics journals and law reviews.

'Monopsony in Labor Markets is an excellent, empirically rich, and modestly technical treatment of a subject that will be especially helpful to antitrust lawyers and economists trying to sort out the effects of monopsony power on labor. The authors include full chapters on wage collusion and no poach agreements, noncompete agreements, and mergers. This book is particularly useful on questions like the extent and measurement of labor market concentration and power, tradeoffs between output and input effects, and the role of efficiencies. A must-read for an antitrust era in which harm to workers has suddenly become important.' Herbert Hovenkamp, Dinan University Professor, Univ. of Pennsylvania Law School and the Wharton School

• 1. Introduction; 2. The Economics of Monopsony; 3. Empirical Evidence of Monopsony in Labor Markets; 4. Antitrust Policy; 5. The Intended and Unintended Victims of Monopsony; 6. Collusion on Wages and Terms of Employment; 7. No Poaching Agreements; 8. Non-Compete Agreements; 9. Unions and Collective Bargaining; 10. Monopsony and Merger Policy; 11. Closing Thoughts.

Brianna L. Alderman is a Theodore H. Ashford Fellow at Harvard University. She is a Ph.D. student in the Department of Economics at Harvard University and currently holds bachelor's degrees in Economics, Mathematics, and Statistics from the University of Florida. Her current field interests include industrial organization, labor economics, and antitrust economics. Roger D. Blair is a Professor of Economics at the University of Florida. His research and teaching centers around antitrust economics. He has coauthored Monopsony in Law and Economics, Antitrust Policy in Health Care Markets, Antitrust Economics, and The Economics of Franchising. He has published over 200 articles in Economics journals and law reviews.

'Monopsony in Labor Markets is an excellent, empirically rich, and modestly technical treatment of a subject that will be especially helpful to antitrust lawyers and economists trying to sort out the effects of monopsony power on labor. The authors include full chapters on wage collusion and no poach agreements, noncompete agreements, and mergers. This book is particularly useful on questions like the extent and measurement of labor market concentration and power, tradeoffs between output and input effects, and the role of efficiencies. A must-read for an antitrust era in which harm to workers has suddenly become important.' Herbert Hovenkamp, Dinan University Professor, Univ. of Pennsylvania Law School and the Wharton School

• 1. Introduction; 2. The Economics of Monopsony; 3. Empirical Evidence of Monopsony in Labor Markets; 4. Antitrust Policy; 5. The Intended and Unintended Victims of Monopsony; 6. Collusion on Wages and Terms of Employment; 7. No Poaching Agreements; 8. Non-Compete Agreements; 9. Unions and Collective Bargaining; 10. Monopsony and Merger Policy; 11. Closing Thoughts.