Journal of Economic Perspectives
ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)
Antitrust Policy: A Century of Economic and Legal Thinking
Journal of Economic Perspectives
vol. 14,
no. 1, Winter 2000
(pp. 43–60)
(Complimentary)
Abstract
This article follows the evolution of thinking about competition since the passage of the Sherman Act in 1890 as reflected by major antitrust decisions and research in industrial organization. We divide the U.S. antitrust experience into five periods and discuss each period's legal trends and economic thinking in three core areas of antitrust: cartels, cooperation, or other interactions among independent firms; abusive conduct by dominant firms; and mergers.Citation
Kovacic, William, E., and Carl Shapiro. 2000. "Antitrust Policy: A Century of Economic and Legal Thinking." Journal of Economic Perspectives, 14 (1): 43–60. DOI: 10.1257/jep.14.1.43JEL Classification
- L40 Antitrust Issues and Policies: General
- K21 Antitrust Law
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