Getting Antitrust and History in Tune
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Authors
Publication Date
2022-02-02Journal Title
Accounting, Economics and Law: A Convivium
ISSN
2194-6051
Publisher
Walter de Gruyter GmbH
Type
Article
This Version
AM
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Show full item recordCitation
Cheffins, B. (2022). Getting Antitrust and History in Tune. Accounting, Economics and Law: A Convivium https://doi.org/10.1515/ael-2021-0084
Abstract
<jats:title>Abstract</jats:title>
<jats:p>Antitrust is high on the reform agenda at present, associated with calls to “break up big tech.” Proponents of reform have invoked history with regularity in making their case. They say reform is essential to reverse the baleful influence of the Chicago School of antitrust, which, in their telling, disastrously and abruptly ended in the 1980s a “golden” era of beneficially lively antitrust enforcement. In fact, antitrust enforcement was, at best, uneven, from the early 20th century through to the end of the 1970s. As for the antitrust “counter-revolution” of the late 20th century, this was fostered as much by fears of foreign competition and skepticism of government regulation as Chicago School theorizing. The pattern helped to ensure that the counter-revolution was largely sustained through the opening decades of the 21st century. This article, in addition to getting antitrust and history in tune by drawing attention to the foregoing points, provides insights regarding antitrust’s future direction.</jats:p>
Embargo Lift Date
2100-01-01
Identifiers
External DOI: https://doi.org/10.1515/ael-2021-0084
This record's URL: https://www.repository.cam.ac.uk/handle/1810/334608
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