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Why has antitrust legislation not lived up to its promise of promoting free-market competition and protecting consumers? Assessing 100 years of antitrust policy in the United States, this book shows that while the antitrust laws claim to serve the public good, they are as vulnerable to the influence of special interest groups as are agricultural, welfare, or health care policies. Presenting classic studies and new empirical research, the authors explain how antitrust caters to self-serving business interests at the expense of the consumer.
Why has antitrust legislation not lived up to its promise of promoting free-market competition and protecting consumers? Assessing 100 years of antitrust policy in the United States, this book shows that while the antitrust laws claim to serve the public good, they are as vulnerable to the influence of special interest groups as are agricultural, welfare, or health care policies. Presenting classic studies and new empirical research, the authors explain how antitrust caters to self-serving business interests at the expense of the consumer.
The contributors are Peter Asch, George Bittlingmayer, Donald J. Boudreaux, Malcolm B. Coate, Louis De Alessi, Thomas J. DiLorenzo, B. Epsen Eckbo, Robert B. Ekelund, Jr., Roger L. Faith, Richard S. Higgins, William E. Kovacic, Donald R. Leavens, William F. Long, Fred S. McChesney, Mike McDonald, Stephen Parker, Richard A. Posner, Paul H. Rubin, Richard Schramm, Joseph J. Seneca, William F. Shughart II, Jon Silverman, George J. Stigler, Robert D. Tollison, Charlie M. Weir, Peggy Wier, and Bruce Yandle.
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First Sentence:
Antitrust policy commands widespread scholarly support. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
antitrust budgets, producer goods firms, nondurable output, outcome announcement, state antitrust legislation, collusive firms, procompetitive behavior, firm disappearances, blanket code, antitrust can, private antitrust cases, efficiency thesis, antitrust activity, unjustified case, bidder firms, proposal announcement, antitrust enforcement, anticompetitive mergers, merger guidelines, antitrust complaint, great merger wave, merging firms, predatory price cutting, merger challenge, antitrust decrees Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Clayton Act, Antitrust Division, Department of Justice, Federal Trade Commission, Supreme Court, Justice Department, Standard Oil, Justified Won, Appalachian Coals, Wall Street Journal, United Kingdom, Bureau of the Census, Addyston Pipe, White House, Appropriations Committee House Subcommittee, George Bittlingmayer, Reno Air, Robert Tollison, Senate Committee, Gordon Tullock, New Deal, United Shoe, Brown Shoe, George Stigler New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Antitrust policy commands widespread scholarly support. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
antitrust budgets, producer goods firms, nondurable output, outcome announcement, state antitrust legislation, collusive firms, procompetitive behavior, firm disappearances, blanket code, antitrust can, private antitrust cases, efficiency thesis, antitrust activity, unjustified case, bidder firms, proposal announcement, antitrust enforcement, anticompetitive mergers, merger guidelines, antitrust complaint, great merger wave, merging firms, predatory price cutting, merger challenge, antitrust decrees Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Clayton Act, Antitrust Division, Department of Justice, Federal Trade Commission, Supreme Court, Justice Department, Standard Oil, Justified Won, Appalachian Coals, Wall Street Journal, United Kingdom, Bureau of the Census, Addyston Pipe, White House, Appropriations Committee House Subcommittee, George Bittlingmayer, Reno Air, Robert Tollison, Senate Committee, Gordon Tullock, New Deal, United Shoe, Brown Shoe, George Stigler New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 82
books:
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7
books
cite this book:
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- Law and Economics (International Library of Critical Writings in Economics 3 vol. set by Richard A. Posner on 4 pages
- Antitrust Paradox: A Policy at War With Itself by Robert H. Bork on 4 pages
- Public Choice and Regulation: A View from Inside the Federal Trade Commission by Robert J. Mackay in Back Matter (1), Back Matter (2), and Back Matter (3)
- Rent Seeking (The Shaftesbury Papers, 2) by Gordon Tullock on page 19, and page 21
- The Origins of the National Recovery Administration by Robert Himmelberg on page 138, and Back Matter
See all 82 books this book cites
- Rescuing Regulation by Reza R. Dibadj in Back Matter (1), and Back Matter (2)
- Stee-Rike Four!: What's Wrong with the Business of Baseball? by Daniel R. Marburger on page 161, and Back Matter
- Property Rights: Cooperation, Conflict, and Law by Terry L. Anderson in Back Matter
- Trawling for Minnows: European Competition Policy & Agreements Between Firms by Damien Neven in Back Matter
- The Antitrust Enterprise: Principle and Execution by Herbert Hovenkamp in Back Matter
See all 7 books citing this book
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