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Antitrust Paradox

by: Robert H. Bork

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Binding: Paperback
Dewey Decimal Number: 343.730721
EAN: 9780029044568
ISBN: 0029044561
Label: Free Press
Manufacturer: Free Press
Number Of Items: 1
Number Of Pages: 479
Publication Date: January 31, 1993
Publisher: Free Press
Studio: Free Press

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Customer Reviews

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Rating:

- Polemic, but good
When you read this book, keep in mind Bork sold out to the populist critics of Microsoft for a fee, and repudiated this book. Which proves that economic theory is great at the macro level, but, at the micro level, game theory beats out.
This is why gains for many are cancelled out by gains for a few that are willing to lobby government (or serve as expensive consultants to their paymasters, as in the case of Bork)
And why economics is but an extension of politics, and, at the end of the ... Read More

Rating:

- Misinterpreting the word "efficiency"
I have enjoyed other writing by Judge Bork. Unfortunately, in "The Antitrust Paradox" Judge Bork misinterprets the word "efficiency" as it applies to antitrust law. U.S. antitrust law was designed to advance Pareto or economic efficiency, not business or productive efficiency. That misunderstanding leads Judge Bork to propose, in essence, the following Carrollian extended syllogism:
Antitrust law advances "efficiency" and condemns monopoly
Consumer welfare is the goal of antitrust ... Read More

Rating:

- 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 ... Read More

Rating:

- 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. ... Read More

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