International convergence of antitrust laws and enforcement
Article Abstract:
Public concern about consumer welfare and the ability of small and start-up businesses to compete with powerful cartels or dominant firms account first and foremost for the global expansion of antitrust laws and the stricter enforcement of competition laws. The various types of economic integration, such as NAFTA or the European Union, also drive international antitrust convergence. The antitrust regulation adopted in many countries to fil the void created by the lifting of government price controls is also a factor, as is experience with the prosecution of international price fixing conspiracies.
Publication Name: Antitrust Law and Economics Review
Subject: Law
ISSN: 0003-6048
Year: 1997
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Antitrust expert helped sink Breyer's nomination to the Supreme Court: an interview
Article Abstract:
The effect of the Chicago School on antitrust law and economics has been to restrict private suits and foreclose actions based on anticonsolidation theories. Chicago School proponents such as Robert Bork, Antonin Scalia and Stephen G. Breyer believe that consolidation makes business more efficient and do not believe that collusive activity is harmful unless the defendant actually has monopoly power. The majority of economists disagree with Chicago School theories, but many judges have accepted and applied these pro-business principles.
Publication Name: Antitrust Law and Economics Review
Subject: Law
ISSN: 0003-6048
Year: 1992
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International convergence of antitrust laws and enforcement
Article Abstract:
Measures must be taken to avoid exchanging public monopoly for a private one in the face of the global move toward privatization after the Soviet Union's collapse and that of socialism in other East European countries. Effective competition is the obvious answer and antitrust is the traditional answer to guard against unfair competition. What antitrust should ban is in question and only a ban on outright collusion as in the US a possible answer. More wide-ranging bans would outlaw monopoly and all the means used to keep it
Publication Name: Antitrust Law and Economics Review
Subject: Law
ISSN: 0003-6048
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
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