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Principles of Microeconomics, Third Edition
John B. Taylor, Stanford University
Internet Exercises
Chapter 12: Antitrust Policy and Regulation


"The Myth of Predatory Pricing"

Questions:

Read Thomas J. DiLorenzo's article on "The Myth of Predatory Pricing" (appearing in Policy Analysis).

  1. Summarize DiLorenzo's major arguments.
  2. Do you find these arguments compelling? Explain.


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