Conservative economic analysis and its effects -- Is efficiency all that counts? -- Chicago School and dominant firm behavior -- Are conservatives correct that vertical arrangements (merger and distribution) can very rarely injure consumer welfare? -- Has the free rider explanation for vertical arrangements been unrealistically expanded? -- Reinvigorating merger enforcement that has declined as a result of conservative economic analysis
Summary
The essays collected in this book concern the rise and recent fall of American antitrust. Of the 15 essays, almost all express a deep concern that conservative economic analysis is leading judges and enforcement officials toward an approach that will ultimately harm consumer welfare