The Political Economy of the Sherman Act: The First One Hundred Years
This book examines the legislative history and the political economy of the Sherman Antitrust Act--the main federal statute that regulates economic activity in the United States. Tracing the evolution of the antitrust movement in the United States since 1890, this collection of essays examines the role of government in regulating markets, and the balance it and its critics seek between the goal of limited government and the protection of free, open and competitive markets, With markets today being more international in nature and the world economy being globalized, Americans need to rethink how laws have defined markets and the implications for international transactions. Given the recent changes in Europe, this book has a significant contribution to make to the intellectual understanding of antitrust laws impact on American business here and abroad, on the European Economic Community (EEC) as it creates a single market by 1992, and on Eastern Europe as it moves to a market economy.
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21 CONG achieve agreements allocative efficiency American anticompetitive antitrust laws antitrust policy assumptions barriers to entry behavior bill Bork cartels Chicago School classical classical economics combinations commerce common law compete competitive market competitors concentration concept concern condemned Congress consumer surplus consumer welfare contracts in restraint corporate debates decision defined doctrine ECON economic analysis economic efficiency economic power economic theory economists effects fair firms freedom goals of antitrust governmental individual industrial liberty interests Judiciary law and economics legislative history liberty of contract logic marginal cost market power maximization meaning ment mergers modern monopolistic monopoly power monopoly pricing neoclassical neoclassicism nomic opportunity output perfect competition predatory pricing price fixing price theory profits protect railroad restraint of trade restrict result rule of reason Senator Sherman Sherman Act small business social statute sumers Supreme Court tion traditional trusts United values wealth
Hintertüren zur Macht: Internationalismus und modernisierungsorientierte ...
Predogled ni na voljo - 2000