The effectiveness of antitrust law in globalized economy

The effectiveness of antitrust law in globalized economy

One study has demonstrated that prices were more likely to go up than down after an antitrust indictment.

[…] Reading through old cases does not induce great faith in the contemporary usefulness of 19th- and 20th-century antitrust laws. In most areas of manufacturing there is far more foreign competition, if only potentially, than through most of the history of those laws.”

Texts from: “Yesterday’s Antitrust Laws Cant’s Solve Today’s Problem.”  https://www.bloomberg.com/view/articles/2016-10-05/yesterday-s-antitrust-laws-can-t-solve-today-s-problems

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