Babina, Tania; Barkai, Simcha; Jeffers, Jessica; … - 2024
We hand-collect information describing all 3,055 antitrust lawsuits brought by the Department of Justice (DOJ) between 1971 and 2018. Using confidential U.S. Census microdata, we show that DOJ lawsuits targeting past anticompetitive conduct in local industries cause a persistent 5.4% increase in...