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Step 1 in reforming U.S. antitrust: abolish the economic units at Justice and the FTC

Article Abstract:

The economics divisions of the FTC and the Antitrust Division of the Dept. of Justice should be abolished to enable those two antitrust enforcement agencies to encourage private litigation and provide small businesses with a level playing field. Economists entrenched in these agencies are committed to pro-consolidation policies that allow large firms to protect their market power through predatory pricing and other anticompetitive practices. The renewed commitment of the Clinton administration encouraging entrepreneurial growth will be ineffective as long as these Reagan/Bush ideologues remain in office.

Management, United States. Department of Justice. Antitrust Division, United States. Federal Trade Commission. Bureau of Economics

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Monitoring economic results of current cases to shape future antitrust policies

Article Abstract:

The compliance reports that are developed by the antitrust enforcement agencies, the FTC and the Dept. of Justice Antitrust Division, should include assessments of the pro-competitive effects of enforcement. Analysis of which cases yielded the greatest public good would help ensure that limited enforcement resources were being properly allocated. Choice of which industries to take action against should be driven by the potential for public benefit, and there should be some means of determining the effects of improved competition.

Investigations, United States. Federal Trade Commission

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Why 'economics' will always kill antitrust: 'it's the money, stupid'

Article Abstract:

The author discusses the negative economic influences exerted upon antitrust law and enforcement with a focus on expert testimony and evidence.

United States, Evidence, Expert, Expert evidence, Evidence, Scientific, Scientific evidence (Law)

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