Steve Salop
Steven C. Salop is professor emeritus at Georgetown Law Center, where he teaches courses in antitrust law, economic reasoning and the law, and had conducted a faculty workshop in law and economics.
Before joining the Law Center faculty in 1981, he served as associate director for special projects with the Federal Trade Commission (FTC) Bureau of Economics, as an adjunct professor of economics at the University of Pennsylvania, where he received his B.A. in 1968, and as an economist with the Civil Aeronautics Board and Federal Reserve Board.
He received his PhD in economics from Yale University.
Steve Salop
Oct 19, 2009
Geoff and Josh raise an interesting issue about collective market conduct by buyers. Suppose that a group of final consumers face a monopolist. Should the consumers be permitted to band together into an “association” to jointly negotiate a lower price from the monopolist? Some would say that such buyer “cooperatives” are permitted, whereas others would ... Should Antitrust Exempt Joint Monopsony Conduct to Countervail Monopoly?
