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Antitrust - The Case for Repeal

Antitrust - The Case for Repeal

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Published by Mises Fan
This 100-page tour de force rips the intellectual cover off antitrust regulation to reveal it for what it is: a bludgeon used by businesses against their competitors. Unlike some critics, Professor Armentano carries the logic of his analysis to fullest possible length:
"My position on antitrust has never been ambiguous," he writes. "All of the antitrust laws and all of the enforcement agency authority should be summarily repealed. The antitrust apparatus cannot be reformed; it must be abolished."
Professor Armentano begins with the most rigorous and revealing account of the Microsoft antitrust battle to appear in print. He further discusses other recent cases, including Toys `R' Us, Staples, and Intel, as well as many historical cases. He covers nearly every conceivable rationale for antitrust, including price fixing, tie ins, vertical and horizontal mergers, and many more.
This 100-page tour de force rips the intellectual cover off antitrust regulation to reveal it for what it is: a bludgeon used by businesses against their competitors. Unlike some critics, Professor Armentano carries the logic of his analysis to fullest possible length:
"My position on antitrust has never been ambiguous," he writes. "All of the antitrust laws and all of the enforcement agency authority should be summarily repealed. The antitrust apparatus cannot be reformed; it must be abolished."
Professor Armentano begins with the most rigorous and revealing account of the Microsoft antitrust battle to appear in print. He further discusses other recent cases, including Toys `R' Us, Staples, and Intel, as well as many historical cases. He covers nearly every conceivable rationale for antitrust, including price fixing, tie ins, vertical and horizontal mergers, and many more.

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Published by: Mises Fan on Sep 05, 2011
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Antitrust
Revised 2nd Edition
Dominick T. Armentano
MISES
Ludwig von Mises Institute
518 West Magnolia Ave. Auburn, Ala. 36832-4528
www.mises.org
TheCase for Repeal
 
Copyright ©1999 The Ludwig von Mises Institute All rights reserved. Written permission must be secured from thepublisher to use or reproduce any part of this book, except forbrief quotations in critical reviews or articles.The publisher has attempted throughout this book to distinguishproprietary trademarks from descriptive terms by following thecapitalization styles used by the manufacturers.Published by the Ludwig von Mises Institute, 518 West Magnolia Avenue, Auburn, Alabama 36832-4528.First edition, titled
 Antitrust Policy:The Case for Repeal,
originallypublished by the Cato Institute, 1000 Massachusetts Avenue,Washington, D.C. 20001.ISBN:0-945466-25-0
 
iii
Contents
Preface......................................................................................viiIntroduction: An Antitrust Overview.....................................xi1.The Antitrust Assault on Microsoft.................................12.The Case Against Antitrust Policy.................................133. Competition and Monopoly: Theory andEvidence........................................................................314.Barriers to Entry................................................................515.Price Discrimination and Vertical Agreements..........696. Horizontal Agreements:Mergers and PriceFixing................................................................817.Antitrust Policy in a FreeSociety..................................99Index..................................................................................107

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