Why has antitrust legislation not lived up to its promise of
promoting free-market competition and protecting consumers?
Assessing 100 years of antitrust policy in the United States, this
book shows that while the antitrust laws claim to serve the public
good, they are as vulnerable to the influence of special interest
groups as are agricultural, welfare, or health care policies.
Presenting classic studies and new empirical research, the authors
explain how antitrust caters to self-serving business interests at
the expense of the consumer.
The contributors are Peter Asch, George Bittlingmayer, Donald J.
Boudreaux, Malcolm B. Coate, Louis De Alessi, Thomas J. DiLorenzo,
B. Epsen Eckbo, Robert B. Ekelund, Jr., Roger L. Faith, Richard S.
Higgins, William E. Kovacic, Donald R. Leavens, William F. Long,
Fred S. McChesney, Mike McDonald, Stephen Parker, Richard A.
Posner, Paul H. Rubin, Richard Schramm, Joseph J. Seneca, William
F. Shughart II, Jon Silverman, George J. Stigler, Robert D.
Tollison, Charlie M. Weir, Peggy Wier, and Bruce Yandle.
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