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Antitrust and Monopoly is the single best book-length treatment of this vital public policy issue in print, and it. .

Antitrust and Monopoly is the single best book-length treatment of this vital public policy issue in print, and it should become a, if not the standard work in economics, history, and political science. Antitrust and Monopoly should be on the reading list of every course in antitrust in law.

Armentano, Dominick T. Publication date. Includes bibliographical references and index. some content may be lost due to the binding of the book.

A good book has been made even better. All the major antitrust cases are carefully analyzed and thoroughly critiqued. But such competitive processes are ignored by the practitioners of antitrust

A good book has been made even better. The economic history of each case is given, along with the important court decisions. But such competitive processes are ignored by the practitioners of antitrust. On these grounds, it has been easy to convict firms which grew because consumers preferred their products.

Dominick T. Armentano is Professor Emeritus of Economics at the University of Hartford. He has also written Antitrust: The Case for Repeal and The Myths of Antitrust: Economic Theory and Legal Cases. He wrote in the Preface, "My trenchant opposition. to traditional antitrust policy, has not mellowed over the years.

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Instead of protecting competition, this book asserts, antitrust law actually protects certain politically-favored competitors.

Read unlimited books and audiobooks on the web, iPad, iPhone and Android. Instead of protecting competition, this book asserts, antitrust law actually protects certain politically-favored competitors. This is an essential work for anyone wishing to understand the limitations and problems of contemporary antitrust actions. Read on the Scribd mobile app.

Antitrust and Monopoly: Anatomy of a Policy Failure", New York: John Wiley and Sons. Ré-imprimé en 1990, New York: Holmes and Meier. Seconde édition en 1999, avec Yale Brozen, Independent Studies in Political Economy. 1994, Douglas H. Ginsburg, "Rationalizing Antitrust: A Rejoinder to Professor Armentano", In: Theodore P. Kovaleff, di. The Antitrust Impulse. Accédez d'un seul coup d’œil au portail des grands auteurs et penseurs du libéralisme.

In this book, Armentano presents a stellar case against antitrust. Using air-tight Austrian theory, he first refutes common fallacies inherent in the relevant aspects of today's popular economic theory. Afterwards, he goes through the history of antitrust prosecution, dispelling myth after myth. As a whole, this book proves without a doubt that antitrust is, and has always been, a dangerous and unnecessary set of laws.

Dominick T. Dr. Armentano presents a solid case of how a well intentioned law intending to protect the consumer actually ends up with the opposite effect. A private firm in a free market, ie one that has no government sanctioned barriers to entry, can only maintain a degree of monopoly power by being efficient and charging such a low price for its' product that potential competitors cannot profitably compete. That situation would benefit the consumer, yet according to Anti Trust laws such a firm would be subject to being broken up.

1Dominick T. Armentano, Antitrust and Monopoly: Anatomy of a Policy Failure, 2nd e. This market failure can occur whenever private business organizations gain monopoly power, the power to restrict production and raise market price. Armentano, Antitrust and Monopoly: Anatomy of a Policy Failure, 2nd ed. (Oakland, Calif. Independent Institute, 1990). Such firms can produce less and charge more, and they general-ly have higher costs than comparably competitive business organizations. A law that prohibits free-market monopo-lization would appear to promote increased outputs, lower costs, and lower prices for consumers.