Cases and Materials on U.S. Antitrust in Global Context

Cases and Materials on U.S. Antitrust in Global Context

Description

Much has changed in the last decade, raising the profile of antitrust. We would highlight four key developments. First, the pace of globalization has quickened, making many more markets global. Second, Internet and telecommunications technologies have exponentially increased the speed of communication across the globe, creating new opportunities both for competition and its restraint. Third, antitrust law itself has “gone global,” with approximately 100 countries adopting and maintaining antitrust laws. Fourth, Chicago school economics, which dominated much of the 1980s U.S. antitrust, has been tempered by “post-Chicago” economics, which relaxes many of the faith-in-markets assumptions of the Chicago school and gives greater credence to market realities. We have revised the casebook with these changes very much in mind. We states in the preface to the first edition: “In this book of history, economics, politics, and law, we have steered and eclectic course.” In this editions, we have retained the mix of history, economics, politics, and law. To this, we have added some geo-politics, we have given the book a comparative and international dimension, and we have posed frequent queries meant to focus attention on global or at least cross-border welfare and to trigger your thoughts about the relationship between national sovereignty and the economic welfare of the citizen of the world. Antitrust was one of the first interdisciplinary law school subjects, integrating law, economics and political science. The interdisciplinary pulls of antitrust are even more compelling in the globalized world. The antitrust student and the antitrust lawyer are no mere technician—although they must be that, too. They easily become internationalists.

Publication Date

2004

Edition

2

Cases and Materials on U.S. Antitrust in Global Context

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