Saturday, September 10, 2011

New Scholarship - Reconsidering Antitrust Goals

Maurice E. Stucke (University of Tennessee) has a new piece titled Reconsidering Antitrust's Goals The abstract of the piece provides in part:

"This Article first summarizes the quest during the past 30 years for a single economic goal. It discusses why this quest failed. Four oft-cited economic goals (ensuring an effective competitive process, promoting consumer welfare, maximizing efficiency, and ensuring economic freedom) never unified antitrust analysis. After discussing why it is unrealistic to believe that a single well-defined antitrust objective exists, the Article proposes how to account antitrust’s multiple policy objectives into the legal framework. It outlines a blended goal approach, and the benefits of this approach in providing better legal standards and reviving antitrust’s relevance."


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