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This is a review of Senator Amy Klobuchar's book, "Antitrust: Taking on Monopoly Power from the Gilded Age to the Digital Age."The traditional approach of a new Chair of the Antitrust Subcommittee of the Senate Judiciary Committee is to hold hearings and write a report as the basis for proposals...
Persistent link: https://www.econbiz.de/10013220721
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In this journal, James Langenfeld critically reviewed four of the present authors' articles that analyze the size of cartel overcharges and their antitrust policy implications. In this comment, we explain why we believe Langenfeld errs in his criticism of our work. In particular, this comment...
Persistent link: https://www.econbiz.de/10012947484
When should the government challenge a merger that might increase market power but also generate efficiency gains? The dominant belief has been that the government and courts should evaluate these mergers solely in terms of economic efficiency. Congress, however, wanted the courts to stop any...
Persistent link: https://www.econbiz.de/10014218025
Advocates of vigorous antitrust enforcement should not fear the rise of textualism. The Sherman Act, Clayton Act and FTC Act were all enacted as a result of the progressive movement. These laws were written in large part to protect the interests of consumers against possible exploitation by...
Persistent link: https://www.econbiz.de/10014347523