The Revival of Economics at the FTC in the 1960s

Willard F. Mueller ()
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Willard F. Mueller: University of Wisconsin-Madison, Emeritus, 121 Bascom Place, Madison, WI 53726, USA; Tel./Fax: +1-608-238-2141

Review of Industrial Organization, 2004, vol. 25, issue 1, 105 pages

Abstract: This paper examines the declining role of economists at the Federal Trade Commission between 1914 and 1960 and the subsequent growth in their role in the 1960s, including the unique role accorded the Chief Economist as advisor to the Commission and individual Commissioners. It discusses in detail five major contributions of the Bureau of Economics in the 1960s: (1) origins and evolution of a Line-of-Business Reporting Program; (2) contributions to a National Commission on Food Marketing; (3) report on Corporate Mergers; (4) affirmative Disclosure of the Octane Ratings of Gasoline; and (5) FTC Premerger Notification Programs.

Date: 2004
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