The Antitrust Paradox

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The Antitrust Paradox is a highly influential 1978 book by legal scholar Robert Bork that reshaped U.S. antitrust law by arguing that its primary goal should be the protection of consumer welfare rather than competitors.

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The Antitrust Paradox canonical 1

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Statements (44)

Predicate Object
instanceOf book
non-fiction book
argues antitrust enforcement should protect consumers rather than competitors
antitrust law should focus on economic efficiency
many antitrust interventions can be counterproductive
mergers should be evaluated primarily on consumer welfare effects
predatory pricing is rare and difficult to prove
vertical restraints are often pro-competitive
associatedWithSchool Chicago School economics
surface form: Chicago school of economics
author Robert Bork
countryOfOrigin United States of America
surface form: United States
criticizes Albrecht v. Herald Co.
Brown Shoe Co. v. United States
Harvard school of antitrust
United States v. Von's Grocery Co.
structuralist approach to antitrust
discusses Clayton Antitrust Act of 1914
surface form: Clayton Act

Federal Trade Commission Act of 1914
surface form: Federal Trade Commission Act

Sherman Antitrust Act
field law and economics
genre antitrust law literature
legal scholarship
hasEdition revised edition
hasImpactOn Department of Justice antitrust enforcement philosophy
Federal Trade Commission antitrust enforcement philosophy
Supreme Court antitrust decisions in the United States
hasReception controversial among antitrust scholars
criticized by proponents of broader antitrust goals
highly influential in legal academia
influenced Chicago School economics
surface form: Chicago school of antitrust analysis

U.S. antitrust jurisprudence
ISBN 9780465004773
language English
mainSubject antitrust law
competition policy
consumer welfare standard
notableFor popularizing the consumer welfare standard in antitrust
shaping Reagan-era antitrust policy
proposes consumer welfare as primary goal of antitrust law
publicationYear 1978
publisher Basic Books
supports more economic analysis in antitrust cases
rule of reason over per se rules in many contexts
titleMeaning claims that antitrust policy can paradoxically harm competition

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Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Robert Bork notableWork The Antitrust Paradox