Lessons from the United States's antitrust history

The United States's antitrust policy spans more than 100 years. For most of its history the United States has had the toughest antitrust laws and enforcement policies of any country in the world. A shift to a more permissive attitude with regard to antitrust matters has occurred in recent years...

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Bibliographic Details
Published inInternational journal of industrial organization Vol. 14; no. 4; pp. 415 - 445
Main Author Mueller, Dennis C.
Format Journal Article
LanguageEnglish
Published Amsterdam Elsevier B.V 01.06.1996
Elsevier
North-Holland
Elsevier Sequoia S.A
SeriesInternational Journal of Industrial Organization
Subjects
Anti-trust legislation
Antitrust
Antitrust laws
Antritrust policy
Competition
Competition policy
Costs
Economic growth
Economists
Enforcement
European Union
History
Industrial policy
Mergers
Monopolies
Studies
U.S.A
United States > US
Europe
L4
Competition policy
Antritrust policy
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Summary:The United States's antitrust policy spans more than 100 years. For most of its history the United States has had the toughest antitrust laws and enforcement policies of any country in the world. A shift to a more permissive attitude with regard to antitrust matters has occurred in recent years, however. This paper traces the changes in antitrust policy that have occurred, and the concurrent shifts in thinking among economists on antitrust questions. Following this review, the paper offers a critical appraisal of both the economic underpinning of the new learnings on antitrust matters, and the changes in antitrust policy that have accompanied them. It closes with a discussion of the implications of the analysis for European antitrust (competition) policy.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ISSN:0167-7187
1873-7986
DOI:10.1016/0167-7187(95)00490-4