1 - Competition Law’s Role
from Part I - Antitrust Today
Published online by Cambridge University Press: 18 August 2021
Summary
Antitrust stands accused of failure. That charge, of course, presupposes a normative metric. One cannot evaluate a policy – much less proclaim its shortcomings – without one. Alas, some reformists obscure their message. In their view, Silicon Valley, drug prices, airline concentration, and other salient issues demonstrate antitrust failure. Whether the problem lies in execution or a misguided lodestar, however, receives little attention. Obfuscation results. Evaluating antitrust incursions requires a goal, for without one analytic rigor is impossible and enforcement thus arbitrary.
- Type
- Chapter
- Information
- Reforming Antitrust , pp. 9 - 32Publisher: Cambridge University PressPrint publication year: 2021