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Economic Doctrines and Approaches to Antitrust - …
PAGE 1 Economic Doctrines and Approaches to Antitrust BY ROBERT D. ATKINSON AND DAVID B. AUDRETSCH | JANUARY 2011 There is considerable disagreement over optimal Antitrust Some propose a weak role for Antitrust authorities, others a strong role. These differences don t stem principally from politics, in the sense of different interests expressing different views. Rather, they stem from differences in the overall Antitrust doctrine held by regulators, other policymakers, scholars and advocates. In fact, at least four separate schools of Antitrust philosophy can be identified, each reflecting a different core Economic doctrine. Recognizing that virtually all Antitrust analysis and opinion emanates from one of these four well-defined schools of thought should help policymakers better understand issues of competition and hopefully make better decisions.
PAGE 1 Economic Doctrines and Approaches to Antitrust BY ROBERT D. ATKINSON AND DAVID B. AUDRETSCH | JANUARY 2011 There is considerable disagreement over optimal antitrust policy.1 should be.
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