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Sensible Antitrust Policy.(Brief Article)
Robert W. Hahn, "Competition Policy and the New Economy," in The Milken Institute Review (first quarter 2001), 1250 Fourth Street, second floor, Santa Monica, California 90401.
In the 1990s, industrial Old Economy firms began to be superseded by information-based New Economy companies. In 1970, 11 of the Forbes 100 companies were New Economy companies, with a combined worth of $92 billion; by the first quarter of 2000, the number had grown to 57 companies worth $5.6 trillion.
The Microsoft trial showed the difficulty of regulating New Economy enterprises using antiquated rules. American Enterprise Institute scholar Hahn offers ways antitrust rules can be modified to deal with the dynamics of the twenty-first century.
Traditionally, companies were deemed anti-competitive if they could charge prices substantially higher than their costs. But today's high-tech companies typically have very high labor costs and little or no expenses for supplies. Similarly, judging a high-tech company as "anti-competitive" ...
- Developing antitrust policy on the Internet: lessons from the airline...
- Magazine article from: Transportation Law Journal Hoyt, Peggy J. March 22, 2001 700+ words
...complexities of the Internet, developing antitrust policy must seem like a daunting and intimidating...foundational step in developing any policy. Antitrust policy should be built around a framework...in the development of e-commerce antitrust policy. This suggestion is based on ...
- Breathing life into antitrust policy.(Editorial)
- Magazine article from: Multinational Monitor November 1, 1998 700+ words
...antitrust, include the notion that antitrust policy should concern itself purely with...worse, absent some change in national antitrust policy. The diminished competition left...trend requires a renewal of aggressive antitrust policy - both a bolder political commitment...
- The role of stock market studies in formulating antitrust policy toward...
- Magazine article from: Quarterly Journal of Business and Economics Werden, Gregory J. Williams, Michael A. September 22, 1989 700+ words
...Stock Market Studies in Formulating Antitrust Policy Toward Horizontal Mergers: Reply...studies have attempted to assess current antitrust policy toward horizontal mergers by analyzing...Stock Market Studies in Formulating Antitrust Policy Toward Toward Mergers: Comment...
- Forces are gathering to oppose Reagan's antitrust policy, National Law Journal...
- Press release article from: PR Newswire May 1, 1987 700+ words
...victory of its free-market approach to antitrust policy, forces are gathering steam to oppose...impetus for the re-examination of antitrust policy can be traced to the actions of consumer...they discussed how the debate over antitrust policy had become more like a monologue...
- An Antitrust Policy Geared for the Times; Bigness by itself is not bad.
- Newspaper article from: The Washington Post Ernest Gellhorn August 26, 1987 700+ words
...If these charges are part of a counterattack on current antitrust policy, they are badly misplaced. Misplaced because, for the...administration is simply continuing the quiet evolution in antitrust policy of the past two decades. The approval of mergers in the...
- The shifting sands of antitrust policy: where it has been, where it is now,...
- Magazine article from: Cornell Journal of Law and Public Policy Skitol, Robert A. September 22, 1999 700+ words
...age. Controversial at its inception eleven decades ago, antitrust policy remains controversial to this day and there is considerable...invite a broader, more open dialogue about the role that antitrust policy should play in our society. I. IN THE BEGINNING I first...
- Choc-bar nationalism. (Britain's antitrust policy and Rowntree takeover)...
- Magazine article from: The Economist (US) May 14, 1988 700+ words
Britain's antitrust policy has been thrown into confusion by a bid for the tuckbox WHEN...Kat and Smarties. The government may nonetheless rethink its antitrust policy (see page 57). It need not show its hand for a week or two...
- The role of stock market studies in formulating antitrust policy toward...
- Magazine article from: Quarterly Journal of Business and Economics Werden, Gregory J. Williams, Michael A. September 22, 1989 700+ words
The Role of Stock Market Studies in Formulating Antitrust Policy Toward Horizontal Mergers Introduction Several recent studies have attempted to assess antitrust policy toward horizontal mergers by analyzing the movements of stock returns for rivals...
Source: HighBeam Research, Sensible Antitrust Policy.(Brief Article)