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While price-fixing cartel prosecutions have received significant attention, the policy determinants and the political preferences that guide such antitrust prosecutions remain understudied. We empirically examine the intertemporal shifts in U.S. antitrust cartel prosecutions during the period...
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with regulatory capture and oversized corporate influence on regulation and market outcomes. We share those concerns. Yet … theory and trades the current antitrust regime, which promotes consumer welfare, for one that invariably benefits businesses …
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regulation. However, the normative implications of Austrian theory regarding the efficiency consequences of regulation are not …In this article I selectively survey the economic history literature on the rise of regulation in America during the … Progressive Era with the goal of identifying how this literature is informed by Austrian economic theory, and how Austrian theory …
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