History and Turning the Antitrust Page
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Authors
Cheffins, BR
Publication Date
2021Journal Title
Business History Review
ISSN
0007-6805
Publisher
Cambridge University Press (CUP)
Volume
95
Issue
4
Number
PII S0007680521000453
Pages
805-821
Type
Article
This Version
AM
Metadata
Show full item recordCitation
Cheffins, B. (2021). History and Turning the Antitrust Page. Business History Review, 95 (4. PII S0007680521000453), 805-821. https://doi.org/10.1017/S0007680521000453
Abstract
<jats:p>Present-day advocates of antitrust reform referred to as “New Brandeisians” have invoked history in pressing the case for change. The New Brandeisians bemoan the upending of a mid-twentieth-century “golden age” of antitrust by an intellectual movement known as the Chicago School. In fact, mid-twentieth-century enforcement of antitrust was uneven and large corporations exercised substantial market power. The Chicago School also was not as decisive an agent of change as the New Brandeisians suggest. Doubts about the efficacy of government regulation and concerns about foreign competition did much to foster the late twentieth-century counterrevolution that antitrust experienced.</jats:p>
Keywords
antitrust, Chicago School, monopoly, oligopoly, foreign competition, deregulation
Identifiers
External DOI: https://doi.org/10.1017/S0007680521000453
This record's URL: https://www.repository.cam.ac.uk/handle/1810/333616
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