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Saturday, November 21, 2009
 
 
RESEARCH   AREAS
 
Antitrust
 

This section of the website gathers together AEI research, books, and events, focused on antitrust policy.

 
Feature: The Justice Department's Antitrust Bomb
Scholars

The telecom, generic drug, and airline industries are on the Department of Justice's radar screen for possible antitrust action. The department has claimed that "inadequate antitrust oversight" contributed to the economic crisis, a charge refuted by George L. Priest, a member of AEI's Council of Academic Advisers. "Why prosecute firms whose products large majorities of consumers have found most valuable?" he asked. "In a dynamic economy we should expect the development of novel business practices as firms attempt to attract consumers in order to maximize product sales."

  • Alan D. Viard and Amy Roden in a Tax Policy Outlook on big business praised current antitrust law: "If any aspect of the law might be expected to reflect prejudice against large firms, it would be antitrust law. Ironically, however, antitrust law has largely thrown off its initial bias against bigness."

 

 
 
 
 
 
 
 
 
  
 
 
 
Big Business: The Other Engine of Economic Growth
 
Political rhetoric--and policy--favor small business, but, in reality, big businesses play a critical role in economic growth and job creation.
 
The Justice Department's Antitrust Bomb
 
As if commandeering the banking, finance, and auto industries were not enough, a couple of weeks ago the Obama administration decided to throw a bomb at modern antitrust law.
 
The Class Action Fairness Act Two Years Later
 
Has the Class Action Fairness Act curbed abusive class actions, and will it do so in the future?
 
Litigating Antitrust Claims in Europe
 
This Briefly examines the European Commission's Green Paper that signalled the intention to encourage civil litigation in the area of EU competition law.
 
 
Antitrust Consent Decrees in Theory and Practice Why Less Is More
 
This book is the first systematic study of the use and effectiveness of the antitrust consent decree in the federal enforcement of antitrust laws.  
 
Competition Laws in Conflict Antitrust Jurisdiction in the Global Economy
 
In this volume, leading experts explore routes to a new and better institutional design for global antitrust in the national and international contexts.  
 
High-Stakes Antitrust The Last Hurrah?
 
Noted scholars with divergent opinions examine the impact and validity of the Justice Department's antitrust actions.  
 
 
PAST EVENTS
 
 
Does international regulation of U.S. business undermine American economic sovereignty? Or are U.S. regulators equally enthusiastic about micromanaging foreign business?
 
 
Richard A. Epstein, a professor at the University of Chicago Law School, examines the history of antitrust consent decrees and finds that broad, ambitious decrees tend to produce more harm than good.
 
 
Recent judicial decisions and enforcement proceedings have again highlighted the difficulties of international antitrust coordination, particularly between the United States and the European Union.