Antitrust and Monopoly

Front Cover
Independent Institute, 1990 - Law - 292 pages
2 Reviews
The stated purpose of antitrust laws is to protect competition and the public interest. But do such laws actually restrict the competitive process, harming consumers and serving the special interests of a few politically-connected competitors? Is antitrust law a necessary defence against the predatory business practices of wealthy, entrenched corporations that dominate a market? Or does antitrust law actually work to restrain and restrict the competitive process, injuring the public it is supposed to protect? In this breakthrough study, professor Armentano thoroughly researches the classic cases in antitrust law and demonstrates a surprising gap between the stated aims of antitrust law and what it actually accomplishes in the real world. Instead of protecting competition, professor Armentano finds, antitrust law actually protects certain politically-favoured competitors. This is an essential work for anyone wishing to understand the limitations and problems of contemporary antitrust actions.

From inside the book

What people are saying - Write a review

Review: Antitrust and Monopoly: Anatomy of a Policy Failure

User Review  - Jason Keisling - Goodreads

This isn't the easiest read, but if you can force yourself through some of the dense parts, it's very informative and you will learn a lot about monopolies, anti-trust laws, and historical lawsuits. It can be dry, but it's well worth reading. Read full review

Review: Antitrust and Monopoly: Anatomy of a Policy Failure

User Review  - Peter Namtvedt - Goodreads

Of the several books I have read so far on the topic of antitrust this is the heaviest one on the topic, aimed at a scholarly audience. From an initial perusal, where this book falls down is in its ... Read full review


A Criticism of Neoclassical Competition

18 other sections not shown

Common terms and phrases

Bibliographic information