Download E-books The Antitrust Enterprise: Principle and Execution PDF

By Herbert Hovenkamp

After thirty years, the controversy over antitrust's ideology has quieted. such a lot now agree that the security of customer welfare can be the one target of antitrust legislation. Execution, even though, is one other topic. the foundations of antitrust stay unfocused, insufficiently exact, and excessively advanced. the matter of poorly designed ideas is critical, simply because within the brief run principles weigh even more seriously than ideas. At backside, antitrust is a defensible company provided that it might probably make the microeconomy paintings greater, after accounting for the substantial bills of working the system.

The Antitrust Enterprise is the 1st authoritative and compact exposition of antitrust legislations for the reason that Robert Bork's vintage The Antitrust Paradox used to be released greater than thirty years in the past. It confronts not just the issues of poorly designed, overly advanced, and inconsistent antitrust principles but additionally the present disarray of antitrust's rule of cause, delivering a coherent and practicable set of recommendations. the result's an antitrust coverage that's trustworthy to the patron welfare precept yet that also is extra simply conceivable by means of the federal courts and different antitrust tribunals.

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