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structure, efficiency (consumer welfare) as the result of competition rather than of an individual entrepreneurial market …
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Antitrust emerged in the 1950s and became dominant in the US. We show the extent to which economic objectives and theoretical … views shaped antitrust laws in their inception. After establishing the minor influence of economics in the promulgation of … US competition laws, we then highlight US economists' very cautious views about antitrust until the Second New Deal. We …
Persistent link: https://www.econbiz.de/10010899680
Antitrust emerged in the 1950s and became dominant in the US. We show the extent to which economic objectives and theoretical … views shaped antitrust laws in their inception. After establishing the minor influence of economics in the promulgation of U ….S. competition laws, we then highlight U.S. economists' very cautious views about antitrust until the Second New Deal. We analyze the …
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