The Antitrust Paradox is a 1978 book by Robert Bork that criticized the state of United States antitrust law in the 1970s. It is claimed that the work is the.
The Antitrust Paradox is a 1978 book by Robert Bork that criticized the state of United States antitrust law in the 1970s. It is claimed that the work is the most cited book on antitrust.
Bork wrote several notable books, including The Antitrust Paradox and Slouching Towards Gomorrah. From 1973 to 1977, he served as Solicitor General under President Richard Nixon and President Gerald Ford, arguing several cases before the Supreme Court. At Yale he was best known for writing The Antitrust Paradox, a book in which he argued that consumers often benefited from corporate mergers, and that many then-current readings of the antitrust laws were economically irrational and hurt consumers.
Robert Bork belongs in this pantheon of parents of the new Gilded Age. Although Senate Democrats led by Joe . Bork did believe in one antitrust prohibition. He argued that collusion among rivals should be aggressively prosecuted
Robert Bork belongs in this pantheon of parents of the new Gilded Age. Although Senate Democrats led by Joe Biden famously denied him an appointment to the Supreme Court in 1987, the late Bork, in his positions as a law professor and a judge, played a critical role in recreating the antitrust law of the original Gilded Ag. He argued that collusion among rivals should be aggressively prosecuted. His conception of collusion swept broadly and did not differentiate, for example, between pharmaceutical companies conspiring to raise prices on prescription drugs and public defenders banding together to obtain a living wage.
Antitrust Paradox book.
In his highly influential work, The Antitrust Paradox, Robert Bork asserted that the sole normative objective of antitrust should be to maximize consumer welfare, best pursued through promoting economic efficiency. 37 Although Bork used consumer welfare to mean allocative efficiency, 38 courts and antitrust authorities have largely measured it through effects on consumer prices. In 1979, the Supreme Court followed Bork’s work and declared that Congress designed the Sherman Act as a ‘consumer welfare prescription’ 39-a statement that is widely viewed as erroneous.
by. Bork, Robert H. Publication date. some content may be lost due to the binding of the book.
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The Antitrust Paradox : A Policy at War with Itself. By (author) Robert H. Bork. Close X. Learn about new offers and get more deals by joining our newsletter.
Published 40 years ago, Bork's book on antitrust law fundamentally changed America's economy for the worse. 12:43 pm. Daniel Kishi. Less than one hour after Ronald Reagan nominated Robert Bork to the United States Supreme Court in 1987, Senator Ted Kennedy took the Senate floor and voiced his dissent. The opposition, swift and fierce, was no surprise.
New York, Basic Books, 1978. The Antitrust Paradox: A Policy at War with Itself. New York, Basic Books, 1978.