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Vol 21 No 11 Nov/Dec 2016

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Criminal Injuries Compensation Claims

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The Antitrust Enterprise: Principle and Execution

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ISBN13: 9780674027411
Published: April 2008
Publisher: Harvard University Press
Country of Publication: USA
Format: Paperback (Hardback in 2006)
Price: £24.95
Hardback edition out of print, ISBN13 9780674018976



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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.

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Subjects:
Competition Law