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Home >
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Reforming Antitrust

Reforming Antitrust

Reforming Antitrust

Author: Alan J. Devlin
Publisher: Cambridge University Press
ISBN: 9781316518342
Published In: August 2021
Format: Hardback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

List Price: ¥24,836.24

¥24,091.15 Save ¥745.09 (3%)

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Description
Contents

Details

Industrial consolidation, digital platforms, and changing political views have spurred debate about the interplay between public and private power in the United States and have created a bipartisan appetite for potential antitrust reform that would mark the most profound shift in US competition policy in the past half-century. While neo-Brandeisians call for a reawakening of antitrust in the form of a return to structuralism and a concomitant rejection of economic analysis founded on competitive effects, proponents of the status quo look on this state of affairs with alarm. Scrutinizing the latest evidence, Alan J. Devlin finds a middle ground. US antitrust laws warrant revision, he argues, but with far more nuance than current debates suggest. He offers a new vision of antitrust reform, achieved by refining our enforcement policies and jettisoning an unwarranted obsession with minimizing errors of economic analysis.

Introduction

Part I. Antitrust Today:

1. Competition Law's role

2. Antitrust – Fact, fiction, and the unknown

3. The missing link – concentration and market power

Part II. The Case for Change:

4. Warning signs in the economy – has competition declined?

5. A liberal call to arms, but is deconcentration the answer?

6. Testing the neo-brandeisian vision

Part III. Antitrust Reform:

7. Taking a finger off the scale – revisiting decision theory

8. Rethinking the consumer-welfare standard

9. The antitrust evolution

Conclusion. Key recommendations

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