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Markets, Morals, or Wealth? Delusions of a Standardized Antitrust Value

Markets, Morals, or Wealth? Delusions of a Standardized Antitrust Value Since the 1980s, courts have chosen corporate wealth generation as antitrust's sole value, justifying their choice under``Chicago School'' economics, while abandoning counter-values like justice and democracy. The difficult consequences of``Chicago's'' univocal corporate wealth generating ``value'' are explored in this article, while a broader, multi-valued, antitrust alternative is discussed and proposed. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of Industrial Organization Springer Journals

Markets, Morals, or Wealth? Delusions of a Standardized Antitrust Value

Review of Industrial Organization , Volume 19 (1) – Oct 3, 2004

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Publisher
Springer Journals
Copyright
Copyright © 2001 by Kluwer Academic Publishers
Subject
Economics; Industrial Organization; Microeconomics
ISSN
0889-938X
eISSN
1573-7160
DOI
10.1023/A:1011152105045
Publisher site
See Article on Publisher Site

Abstract

Since the 1980s, courts have chosen corporate wealth generation as antitrust's sole value, justifying their choice under``Chicago School'' economics, while abandoning counter-values like justice and democracy. The difficult consequences of``Chicago's'' univocal corporate wealth generating ``value'' are explored in this article, while a broader, multi-valued, antitrust alternative is discussed and proposed.

Journal

Review of Industrial OrganizationSpringer Journals

Published: Oct 3, 2004

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