The Chicago Obsession in the Interpretation of US Antitrust History

Discussions about the evolution of the US antitrust system since the early 1970s often dwell upon the influence of the Chicago School in shaping substantive rules and enforcement policy. Many commentators attribute to Chicago School scholars-most notably, Judge Robert Bork-the decisive role in gaini...

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Bibliographic Details
Published in:The University of Chicago law review Vol. 87; no. 2; pp. 459 - 494
Main Author: Kovacic, William E.
Format: Journal Article
Language:English
Published: Chicago University of Chicago Law Review 01.03.2020
University of Chicago, acting on behalf of the University of Chicago Law Review
Subjects:
American history
Antitrust
Antitrust law
Antitrust laws
Consolidation and merger of corporations
Government policy
Interpretation and construction
Law
Schools
Symposium: Reassessing the Chicago School of Antitrust Law
U.S. states
UNITED STATES
Illinois
United States > US
ISSN:0041-9494, 1939-859X
Online Access:Get full text
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Summary:Discussions about the evolution of the US antitrust system since the early 1970s often dwell upon the influence of the Chicago School in shaping substantive rules and enforcement policy. Many commentators attribute to Chicago School scholars-most notably, Judge Robert Bork-the decisive role in gaining broad acceptance for permissive standards governing mergers, vertical restraints, and dominant firm behavior. In numerous treatments, the Chicago School is seen to be the intellectual foundation for US antitrust policy, including its acceptance of a "consumer welfare" standard that is said to focus exclusively on efficiency considerations to the exclusion of other policy objectives.
Bibliography:Informit, Melbourne (Vic)
University of Chicago Law Review, Vol. 87, No. 2, Mar 2020, 459-494
ObjectType-Article-1
SourceType-Scholarly Journals-1
ObjectType-Feature-2
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ISSN:0041-9494
1939-859X