Antitrust Policy: A Century of Economic and Legal Thinking

William E. Kovacic and Carl Shapiro

Journal of Economic Perspectives, 2000, vol. 14, issue 1, 43-60

Abstract: This article follows the evolution of thinking about competition since the passage of the Sherman Act in 1890 as reflected by major antitrust decisions and research in industrial organization. We divide the U.S. antitrust experience into five periods and discuss each period's legal trends and economic thinking in three core areas of antitrust: cartels, cooperation, or other interactions among independent firms; abusive conduct by dominant firms; and mergers.

JEL-codes: K21 L40 (search for similar items in EconPapers)
Date: 2000
Note: DOI: 10.1257/jep.14.1.43
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Citations: View citations in EconPapers (69)

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Related works:
Working Paper: Antitrust Policy: A Century of Economic and Legal Thinking (2003)
Working Paper: Antitrust Policy: A Century of Economic and Legal Thinking (1999)
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