Code: 02397897

Antitrust Enterprise

Name: Antitrust Enterprise
Brand: Harvard University Press
SKU: 02397897
Price: 42.84 EUR
Availability: InStock
Author: Herbert Hovenkamp
ISBN: 9780674027411

by Herbert Hovenkamp

Language: English
Binding: Paperback
Number of pages: 376
Publisher: Harvard University Press, 2008
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Book synopsis

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.