Antitrust and Monopoly: Anatomy of a Policy Failure |
Contents
INTRODUCTION | 1 |
COMPETITION THEORY AND | 13 |
MONOPOLY UNDER THE SHERMAN ACT | 49 |
Copyright | |
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advertising Alcoa alleged allocation aluminum American Tobacco antitrust laws antitrust policy argued bleach industry Borden brand buyers Caffey cents charge Clayton Act Clorox collusion commerce compete competitive process competitors concentration concerning conglomerate conglomerate mergers conspiracy consumers contracts corporations Court decision criticism discounts District Court economic economists effect efficient electrical emphasis added entry existing fact Federal Trade Commission firms free market Harold Demsetz Ibid illegal increase independent ingot Judge Justice leased machines manufacturers market power market share merger misallocation monopoly power Morton Salt neoclassical output percent perfectly competitive perspective petroleum potential prefabricated homes price discrimination price-fixing Procter product differentiation profits purchase railroad rates reason reduce refiners regulation restrain restrict retail rivals Robinson-Patman Act salt sellers selling Senator Kefauver Sherman Act Shoe Machinery social sold Standard Oil substantial Supreme Court theory tion tying agreements U. S. Steel United Shoe violated welfare York