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Bilkent University

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Undergraduate and Graduate Programs 2023-2024

LAW 503 Economics of Competition

The firm and cost concepts; perfectly competitive and monopolistically competitive markets, monopolies, monopsonies, dominant firms, network externalities and essential facilities; oligopolies and cartels; industry structure and performance; basics of EU and US antitrust rules; functions and structure of the Turkish Competition Authority; horizontal and vertical mergers and acquisitions, privatization and liberalization processes. Credit units: 3 ECTS Credit units: 5.

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