Abolition of Antitrust

Name: Abolition of Antitrust
Brand: Taylor & Francis

Taylor & Francis

Asserts that antitrust laws - on economic, legal, and moral grounds - are bad, and provides evidence supporting arguments for their total abolition. The authors look at some cases as well as the Antitrust Act and conclude that they are based on an erroneous interpretation of the history of American business, premised on bad economics. > The Abolition of Antitrust asserts that antitrust laws-on economic, legal, and moral grounds-are bad, and provides convincing evidence supporting arguments for their total abolition. Every year, new antitrust prosecutions arise in the U.S. courts, as in the cases against 3M and Visa/MasterCard, as well as a number of ongoing antitrust cases, such as those involving Microsoft and college football's use of the Bowl Championship Series (BCS). Gary Hull and the contributing authors show that these cases-as well as the Sherman Antitrust Act itself-are based on an erroneous interpretation of the history of American business, premised on bad economics. Thl