We will be closed from 5pm BST on Friday 28th August 2026 for the late summer bank holiday, re-opening at 8.30am BST on Tuesday 1st September. Any orders placed during this period will be processed when we re-open.
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.
