Antitrust-the next one hundred years

America's pro-competition policies will survive, despite the occasional critics from academic or the corporate board room or the halls of Congress, and despite the apparent attractiveness of other models. American industry certainly faces many problems. But an excess of competition should not b...

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Bibliographic Details
Published in:St. John's law review 1996-04, Vol.70 (2), p.189
Main Author: Shenefield, John H
Format: Article
Language:English
Subjects:
18th century
Antitrust laws
Bill of Rights-US
Competition
Monopolies
Political power
Politics
Predictions
Private property
Public interest
Restraint of trade
Online Access:Get full text
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Summary:America's pro-competition policies will survive, despite the occasional critics from academic or the corporate board room or the halls of Congress, and despite the apparent attractiveness of other models. American industry certainly faces many problems. But an excess of competition should not be included in the roster of villains. Small competitive firms continue to grow and prosper; large industrial behemoths that rest on the laurels of historical market share continue to shrivel. In short, the antitrust laws' preservation of competition has been an essential ingredient in the development of a technologically advanced, high-income, consumer-driven economy that remains today the envy of the world, as it will for the next hundred years, at least.
ISSN:0036-2905
2168-8796