A PYMNTS Company

Antitrust Policy And Inequality Of Wealth

BY | October 14, 2017

By Herbert Hovenkamp Why should we use antitrust law as a wealth distribution device when far more explicit statutory tools are available for that purpose? One feature of antitrust is…

By Herbert Hovenkamp

Why should we use antitrust law as a wealth distribution device when far more explicit statutory tools are available for that purpose? One feature of antitrust is its open-textured, nonspecific statutes, so using antitrust to redistribute wealth may be a way of invoking the judicial process without having to go to Congress or a state legislature. The most defensible goal for the antitrust laws is prohibition of practices that serve to reduce output anticompetitively, which

...
THIS ARTICLE IS NOT AVAILABLE FOR IP ADDRESS 44.221.70.232

Please verify email or join us to access premium content!