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Beginning in the late nineteenth century, Congress enacted a series of measures, known as antitrust laws, designed to protect consumers from monopolies and collusion among competitors that undermine the fairness of the marketplace. Though enforced haphazardly, these laws set the rules of competition in a free-market economy until the early 1980s, when government policy makers under Ronald Reagan began to dismantle antitrust enforcement and adopt more “business-friendly” procedures based on the conservative notion that all markets will self-correct when government simply gets out of the way. Reback, one of the nation’s most prominent antitrust attorneys, recounts many of the major court cases that he was involved in, including the breakup of AT&T, early cases of software copyright infringement, and the “trial of the century,” the federal lawsuit against Microsoft. By demonstrating how rampant price-fixing and hidden fees in everything from high-speed Internet access, wireless phone service, and cable providers to travel and financial services have stifled competition and produced higher-priced but inferior products and services for consumers, Reback makes the case for seriously reconsidering the laissez-faire approach to antitrust enforcement. --David Siegfried
The best book I've read about regulation and competition in markets. Authentic, first person experiences by someone on the "front lines" with companies and agencies and... Read morePublished 8 months ago by V. W. House
Gary Reback's Free the Market is a remarkable achievement. It is not a polemic as the title might suggest, but a thoughtful odyssey through many of the most important competition... Read morePublished on July 31, 2009 by Amazon Customer