Quarterly Journal of Austrian Economics

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Review of Antitrust: The Case for Repeal by Dominick T. Armentano

  • The Quarterly Journal of Austrian Economics
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Tags Monopoly and Competition

07/30/2014Timothy D. Terrell

 

Volume 2, No. 3 (Fall 1999)

 

Most economists would, given the opportunity, offer some proposal to reform antitrust policy.  Some would contend that this or that aspect of antitrust law should be eliminated or more weakly enforced.  Only a brave few, however, deliver a deadly blow to the antitrust beast.  In the revised second edition of his book Antitrust: The Case for  Repeal, Dominick T. Armentano is not content to attack only one aspect of antitrust policy.  Professor Armentano proceeds to demolish the very foundations of antitrust policy.  No excuse for antitrust intervention remains standing— not predatory pricing, not tying agreements, not even price fixing.  Lighter fare than his excellent book Antitrust and Monopoly (1990), Armentano's Case for Repeal provides a coherent, accessible Austrian perspective on senseless and unjust antitrust law.

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