The Antitrust Paradox: A Policy at War with Itself

by Robert H. Bork and Out Of Print

Book Overview

Since it first appeared in 1978, this seminal work by one of the foremost American legal minds of our age has dramatically changed the way the courts view government's role in private affairs. Now... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0029044561
• ISBN13: 9780029044568
• Release Date: January 1993
• Publisher: Free Press
• Length: 479 Pages
• Weight: 1.27 lbs.
• Dimensions: 1.2" x 5.3" x 8.8"

Customer Reviews

Antitrust or Maximization of Consumer Welfare

In the Antitrust Paradox, Judge Robert H. Bork gives a fascinating, though demanding, review of the most important antitrust issues in the United States. The central, pragmatic thesis of Bork is maximization of consumer welfare (also called economic efficiency) and not the protection of small businesses in addressing any antitrust issue. Unfortunately, the legislative, executive and judiciary branches of power as well as the practicing bar have not always shown consistency in making, interpreting, and applying antitrust rules. The main reason for their shared sub-optimal performance in that area is the too-often absence of a rudimentary understanding of market economics according to Bork. As a practicing marketer and lawyer, I agree with his observation. Law and economics are two complementary disciplines that should be taught together as part of the academic requirements or at least whose teaching could be made optional at the undergraduate level in our universities.

Essential Reading.

The Antitrust Paradox is the most important book on antitrust ever written. It is a scholarly, yet accessible, examination of the nation's antitrust laws, the history and policies behind them, and their application from their inception to today. Through the book and the policies advanced in it, Judge Bork has had a profound impact on antitrust scholarship and practice. As a result, the book is essential reading for antitrust practitioners, scholars, and those having any interest in the subject. Truly a seminal work.