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▪	Antitrust Policy


	U.S. Antitrust Policy

	U.S. antitrust policy is not based on any single, coherent objective or rationale. There are two reasons for this. One is the diversity of its sources; the other stems from ideological confusions about competitive markets and the realities that provoked antitrust legislation. The diverse sources include the policy's origins in the English common law, the Sherman Act of 1890 based on that common law, the legislation of 1914--the Clayton and FTC Acts--which recognized some tendencies for free competition to break down, the judicial gloss put on the legislation, which has taken on a life of its own, and most recently, the intrusion of economic theory that has come to dominate enforcement policy. This diversity of origins brings with it ideological conflicts between its legislative, judicial, bureaucratic, and academic authors.

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see also:

▪

APEC

▪	Adam Smith

▪	Alfred Marshall

▪	Austrian School Liberalism

▪	Budget Deficit

▪	Classical Liberalism

▪	Division of Labor

▪	Economic Growth

▪	Economics and Natural Resources

▪	Economics of War

▪	Economy of Learning and Motion

▪	End of Economic growth

▪	Foundations of Economics

▪	Freedom of Competition

▪	Geographic Specialization of Economic Activities

▪	Global Economy

▪	Government and Market

▪	Governmental Monopoly

▪	History of Economics

▪	Impact of Macroeconomics

▪	Inflation and Unemployment

▪	Japanese Economics

▪	Keynes vs Monetarists

▪	Keynesian Economics

▪	Law of the Sea

▪	Malthus�s Doctrine

▪	Marginalism

▪	Marxist Economics

▪	Medieval Economics

▪	Mill�s Liberalism

▪	Modern Liberalism

▪	Money, Gold and Inflation

▪	Monopolism

▪	Monopoly Capital

▪	Multinationals

▪

Oligopoly

▪	Political Economy History

▪	Political Economy and State Security

▪	Political Radicalism

▪	Post-Marxian Socialist Economics

▪	Poverty and Inequality

▪	Procapitalist Economics

▪	Ricardian Economics

▪	The Role of Wealth

▪	World Trade Organization

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