Steven C. Salop (born December 23, 1946) is an American economist and academic whose work focuses on antitrust policy. He is a professor of economics and law at the Georgetown University Law Center. Salop is known for his scholarship on exclusionary practices and vertical mergers. Together with David Scheffman, he popularized the concept of

raising rivals' costs Raising rivals' costs is a concept or theory in United States antitrust law describing a tactic or device to gain market share or exclude competitors. The origin of the concept has been attributed to Professors Aaron Director and Edward H. Levi of t ...

as an antitrust violation.

Education

Salop earned his undergraduate degree at the University of Pennsylvania in 1968 and a Ph.D. in Economics from Yale University in 1972.

Career

Before joining the Georgetown Law faculty in 1981, he served as Associate Director for Special Projects with the Bureau of Economics of the

Federal Trade Commission The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection. The FTC shares jurisdiction ov ...

, as an adjunct professor of economics at the University of Pennsylvania. He was also an economist with the Civil Aeronautics Board and Federal Reserve Board. Salop teaches courses in Antitrust Law, Economic Reasoning and the Law, and has conducted a Faculty Workshop in Law and Economics. He does consulting work at Charles River Associates.

Awards

Salop is a recipient of the

AALS The Association of American Law Schools (AALS), formed in 1900, is a non-profit organization of 176 law schools in the United States. An additional 19 schools pay a fee to receive services but are not members. AALS incorporated as a 501(c)(3) n ...

Antitrust Lifetime Achievement Award (2019) and AAI Antitrust Achievement Award (2010).

References

External links

Steven C. Salop at Google Scholar
1946 births Living people University of Pennsylvania alumni Yale University alumni Georgetown University Law Center faculty 20th-century American economists 21st-century American economists Federal Trade Commission personnel {{US-economist-stub