Monday, March 12, 2007
Posted by D. Daniel Sokol
The American Antitrust Institute has been an active antitrust advocate in cases, hearings, and proposed legislation. Recently they have expanded their advocacy role with a new movie entitled Fair Fight in the Marketplace.
From the film website:
When companies secretly fix prices, who pays? When one company controls supplies, who suffers? When one company dominates the desktop, who loses? These questions are at the core of a new half hour film, Fair Fight in the Marketplace. Produced by San Francisco's Filmmakers Collaborative for the American Antitrust Institute, the film provides an engaging look at our antitrust laws that give protection to both American consumers and businesses. The program also considers a more fundamental question: can a set of regulations created by the Sherman Act at the end of the 19th century be relevant in today's era of digital technology and high-speed communications?
Hosted by NPR and Fox News commentator Mara Liasson, the program provides a short, colorful history of the antitrust laws in America and features three recent case studies:
Archer Daniels Midland Company leading a worldwide price-fixing conspiracy
Mylan Pharmaceuticals cutting off supplies to competitors to inflate product pricing
Microsoft's bullying behavior to eliminate Netscape as an effective competitor in the internet browser market
Hopefully the movie will increase awareness of antitrust issues to a larger public. I eagerly await an antitrust related feature length film, perhaps about an international cartel bent on world domination and consumer overcharges. Oh wait, I think that we call this OPEC.