The Antitrust Paradox: A Policy at War with Itself
Антитрестовский парадокс: политика, противоречащая самой себе
1979-04-01
SCID: 54.1/u38pn6ek
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antitrust lawantitrust suitsconsumer welfareliberty-equality tensionsmall business protection
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Abstract (AI)
Shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses. Bork sees antitrust law as a microcosm which reflects the larger movements of our society, such as the tension between liberty and equality.
Key Findings
1
Antitrust law reflects broader societal tensions, particularly the conflict between liberty and equality.
2
Antitrust lawsuits can harm consumers by encouraging costly protection of inefficient and uncompetitive small businesses.
3
Antitrust policy contains an internal conflict: measures intended to promote competition may protect firms that are unable to compete effectively.
Research Object
antitrust law and antitrust suits
Research Subject
their adverse effects on consumers through protection of inefficient, uncompetitive small businesses, and the underlying tension between liberty and equality
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1979-04-01
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