Description
The Abolition of Antitrust is a book that argues that antitrust laws should be abolished because they are bad on economic, legal, and moral grounds. The contributors explain how key antitrust ideas, such as monopoly, restraint of trade, and anticompetitive behavior, have been used to justify prosecution, and then make clear why those ideas are false. They also sketch the historical, legal, economic, and moral reasoning that gave rise to the passage and growth of antitrust legislation.
The Abolition of Antitrust asserts that antitrust laws - on economic, legal, and moral grounds - are bad, and provides convincing evidence supporting arguments for their total abolition. The contributors explain how key antitrust ideas, for instance, 'monopoly,' 'restraint of trade,' and 'anticompetitive behavior,' have been used to justify prosecution, and then make clear why those ideas are false. They sketch the historical, legal, economic, and moral reasoning that gave rise to the passage and growth of antitrust legislation.