Regulating Competition in Stock Markets: Antitrust Measures to Promote Fairness and Transparency through Investor Protection and Crisis Prevention

Engaging and informative, Regulating Competition in Stock Markets skillfully analyzes the impact of the recent global financial crisis on health and happiness, and uses this opportunity to put regulatory systems in perspective. Happiness is lost because of emotional and physical health deterioration resulting from the crisis. Therefore, the authors conclude that financial crisis prevention should be the focus of public policy.

This book is the most comprehensive study so far on potential risks to the stock market, especially various forms of market manipulation that lead to mania and eventual crisis. Based on litigation cases from international stock markets, and borrowing multidisciplinary findings in the fields of finance, economics, accounting, media studies, criminology, legal studies, psychology, and medicine, this book is the first to provide thorough micro-level regulatory proposals rooted in financial reality. By focusing on securities trading, they apply antitrust measures to limiting monopolistic power that is used for the manipulation of investors' perception and monopolistic profit. These proposals are quantifiable, adjustable, inexpensive, and can be easily implemented by any securities regulating agency for real-time oversight and daily operations.

• The recommendations found here are intended to improve the fairness and transparency of the financial markets, thereby perfecting the market competition, protecting investors, stabilizing the market, and preventing crises
• Explores how avoiding crises can to contribute to a more scientific, health aware, and civilized economic and social development
• Written by a team of authors who have extensive experience in this dynamic field, including Nobel Laureate Lawrence R. Klein

Since the founding of the first, organized stock exchange in Amsterdam 400 years ago, no systematic economic research results on stock markets have been implemented in stock market regulation around the world. Regulating Competition in Stock Markets aims to fill this void.

Keywords: Finance & Investments Special Topics, Lawrence R. Klein, Lawrence Klein, Viktoria Dalko, Michael H. Wang, Michael Wang, monopoly, monopoly power, monopoly in stock markets, manipulation, manipulation in stock market, antitrust, antitrust law, antitrust spirit, financial crisis prevention, building perfect competition, transparent markets, investor protection, transparency in the stock market, financial market stability, stock market stability, transparency in financial markets, financial market transparency, stock market transparency, financial market security, stock market security, investor security, financial market regulation, stock market regulation, promoting financial market stability, enhancing macroeconomic stability and growth, enhancing macroeconomic growth, financial market regulatory system, stock market regulatory system, improving financial market regulatory systems