Competition law's role -- Antitrust : fact, fiction, and the unknown -- The missing link : concentration and market power -- Warning signs in the economy : has competition declined? -- A liberal call to arms, but is deconcentration the answer? -- Testing the Neo-Brandeisian vision -- Taking a finger off the scale : revisiting decision theory -- Rethinking the consumer-welfare standard -- The antitrust evolution -- Key recommendations.
Summary:
"Industrial consolidation, digital platforms, and changing political views have spurred debate about the interplay between public and private power in the United States and have created a bipartisan appetite for potential antitrust reform that would mark the most profound shift in U.S. competition policy in the past half-century. While neo-Brandeisians call for a reawakening of antitrust in the form of a return to structuralism and a concomitant rejection of economic analysis founded on competitive effects, proponents of the status quo look on this state of affairs with alarm. Scrutinizing the latest evidence, Alan J. Devlin finds a middle ground. U.S. antitrust laws warrant revision, he argues, but with far more nuance than current debates suggest. He offers a vision of antitrust reform, achieved by refining our enforcement policies and jettisoning an unwarranted obsession with minimizing errors of economic analysis"-- Provided by the publisher.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.