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Antitrust Enforcement During National Crises: An Unhappy History

BY | December 11, 2008

This article is part of a Chronicle. See more from this Chronicle Daniel Crane, Dec 15, 2008 In 1940, while head of the Justice Department’s Antitrust Division (“DOJ”), Thurman Arnold…

This article is part of a Chronicle. See more from this Chronicle

Daniel Crane, Dec 15, 2008

In 1940, while head of the Justice Department’s Antitrust Division (“DOJ”), Thurman Arnold published The Bottlenecks of Business, a book that defended reinvigorated antitrust enforcement. He entitled Chapter IV A Free Market in Times of National Emergency or War. Arnold wrote that “[t]he antitrust laws must constantly defend the ideal of industrial democracy against all sorts of p

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