Edited by Jay Pil Choi, Professor, Department of Economics, Michigan State University, US and Department of Economics, Yonsei University, Republic of Korea, Wonhyuk Lim, Professor, KDI School of Public Policy, Republic of Korea and Sang-Hyop Lee, Senior Fellow, East-West Center and Professor, Department of Economics University of Hawaii at Manoa, US

• Contents:Preface by Jeong Pyo Choi ix1 Introduction and overview 1Jay Pil Choi, Wonhyuk Lim and Sang-Hyop LeePART I SETTING THE STAGE2 Competition law and economics: international cooperationand convergence in competition policy 13Jay Pil ChoiPART II MARKET STRUCTURE3 Market structure and market studies 30William E. Kovacic4 An empirical study of the competitive pressure of the foreignsector in Korea 51Suil LeePART III ABUSE OF DOMINANCE5 Structured rule of reason analysis of tying arrangements 82Yong Hyeon YangPART IV MERGER AND COLLUSION6 Comments on merger guidelines 111Joseph Farrell7 What next? Cartel strategy after getting caught 125Robert C. Marshall, Leslie M. Marx and Claudio Mezzetti PART V VERTICAL RESTRAINTS8 Competition policy and the economics of vertical restraints 146Ralph A. Winter9 Resale price maintenance in a multi-producer andmulti-distributor setting 174Se Hoon Bang and Yangsoo Jin10 Retail price coordination in Korean department stores: thespecific purchase contract 190Woohyun ChangIndex

Edited by Jay Pil Choi, Professor, Department of Economics, Michigan State University, US and Department of Economics, Yonsei University, Republic of Korea, Wonhyuk Lim, Professor, KDI School of Public Policy, Republic of Korea and Sang-Hyop Lee, Senior Fellow, East-West Center and Professor, Department of Economics University of Hawaii at Manoa, US

• Contents:Preface by Jeong Pyo Choi ix1 Introduction and overview 1Jay Pil Choi, Wonhyuk Lim and Sang-Hyop LeePART I SETTING THE STAGE2 Competition law and economics: international cooperationand convergence in competition policy 13Jay Pil ChoiPART II MARKET STRUCTURE3 Market structure and market studies 30William E. Kovacic4 An empirical study of the competitive pressure of the foreignsector in Korea 51Suil LeePART III ABUSE OF DOMINANCE5 Structured rule of reason analysis of tying arrangements 82Yong Hyeon YangPART IV MERGER AND COLLUSION6 Comments on merger guidelines 111Joseph Farrell7 What next? Cartel strategy after getting caught 125Robert C. Marshall, Leslie M. Marx and Claudio Mezzetti PART V VERTICAL RESTRAINTS8 Competition policy and the economics of vertical restraints 146Ralph A. Winter9 Resale price maintenance in a multi-producer andmulti-distributor setting 174Se Hoon Bang and Yangsoo Jin10 Retail price coordination in Korean department stores: thespecific purchase contract 190Woohyun ChangIndex

Edited by Jay Pil Choi, Professor, Department of Economics, Michigan State University, US and Department of Economics, Yonsei University, Republic of Korea, Wonhyuk Lim, Professor, KDI School of Public Policy, Republic of Korea and Sang-Hyop Lee, Senior Fellow, East-West Center and Professor, Department of Economics University of Hawaii at Manoa, US

• Contents:Preface by Jeong Pyo Choi ix1 Introduction and overview 1Jay Pil Choi, Wonhyuk Lim and Sang-Hyop LeePART I SETTING THE STAGE2 Competition law and economics: international cooperationand convergence in competition policy 13Jay Pil ChoiPART II MARKET STRUCTURE3 Market structure and market studies 30William E. Kovacic4 An empirical study of the competitive pressure of the foreignsector in Korea 51Suil LeePART III ABUSE OF DOMINANCE5 Structured rule of reason analysis of tying arrangements 82Yong Hyeon YangPART IV MERGER AND COLLUSION6 Comments on merger guidelines 111Joseph Farrell7 What next? Cartel strategy after getting caught 125Robert C. Marshall, Leslie M. Marx and Claudio Mezzetti PART V VERTICAL RESTRAINTS8 Competition policy and the economics of vertical restraints 146Ralph A. Winter9 Resale price maintenance in a multi-producer andmulti-distributor setting 174Se Hoon Bang and Yangsoo Jin10 Retail price coordination in Korean department stores: thespecific purchase contract 190Woohyun ChangIndex