The antitrust enterprise : principle and execution / Herbert Hovenkamp.

Format:

Book

Author/Creator:

Hovenkamp, Herbert, 1948-

Language:

English

Subjects (All):

Competition--United States.

Competition.

Antitrust law--Economic aspects--United States.

Antitrust law.

Physical Description:

1 online resource (376 p.)

Edition:

1st ed.

Place of Publication:

Cambridge, Mass. : Harvard University Press, 2005.

Language Note:

In English.

Summary:

After thirty years, the debate over antitrust's ideology has quieted. Most now agree that the protection of consumer welfare should be the only goal of antitrust laws. Execution, however, is another matter. The rules of antitrust remain unfocused, insufficiently precise, and excessively complex. The problem of poorly designed rules is severe, because in the short run rules weigh much more heavily than principles. At bottom, antitrust is a defensible enterprise only if it can make the microeconomy work better, after accounting for the considerable costs of operating the system.The Antitrust Enterprise is the first authoritative and compact exposition of antitrust law since Robert Bork's classic The Antitrust Paradox was published more than thirty years ago. It confronts not only the problems of poorly designed, overly complex, and inconsistent antitrust rules but also the current disarray of antitrust's rule of reason, offering a coherent and workable set of solutions. The result is an antitrust policy that is faithful to the consumer welfare principle but that is also more readily manageable by the federal courts and other antitrust tribunals.

Contents:

Frontmatter

Contents

Preface

Introduction

I. Limits and Possibilities

II. Traditional Antitrust Rules

III. Regulation, Innovation, and Connectivity

Epilogue: Antitrust Reform

Notes

Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

9780674264588

0674264584

9780674038820

0674038827

OCLC:

1013940009