Industrial Organization is used as an analytical framework, to make relations amongst market structure, market conduct and market performance. It builds on the theory of the firm, a set of economic theories that describe, explain and attempt to predict the nature of a firm in terms of its existence, behavior, structure and its relationship to the market. Industrial Organization is a field of economics dealing with the strategic behavior of firms, regulatory policy, antitrust policy and market competition. It has also had significant practical impacts on antitrust law and competition policy.
Industrial Organization
