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Contrasts in Antitrust Theory: II
Bowman, Ward
Bowman, Ward
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Abstract
The legislator who recommends an amendment to the antitrust laws, the judge who decides a case under them, or the critic who evaluates the work of either legislator or judge is an economic theorist whether he realizes it or not. The theory each applies is monopoly theory. The answer that should be sought is whether or not proscribing certain forms of business activity will lessen or increase the goods and services consumers want most.