Some Observations on Claims That Rising Market Power Is Responsible for US Economy Ills and That Lax Antitrust Is the Villain

This paper evaluates the recent literature claiming that the US economy has generally become less competitive causing the US economy to perform poorly and that lax antitrust policy is one important reason for the decline in economic performance. Although there certainly are empirical facts requiring further study, I conclude that the evidence does not support calls for dramatic changes in antitrust policy

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Year of publication:	2020
Authors:	Carlton, Dennis W.
Publisher:	[2020]: [S.l.] : SSRN
Subject:	Marktmacht \| Market power \| USA \| United States \| Wettbewerbspolitik \| Competition policy \| Theorie \| Theory

Extent:	1 Online-Ressource (15 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 29, 2020 erstellt
Other identifiers:	10.2139/ssrn.3638500 [DOI]
Classification:	L00 - Industrial Organization. General ; L1 - Market Structure, Firm Strategy, and Market Performance ; L10 - Market Structure, Firm Strategy, and Market Performance. General ; L11 - Production, Pricing, and Market Structure Size; Size Distribution of Firms ; L12 - Monopoly; Monopolization Strategies ; L13 - Oligopoly and Other Imperfect Markets ; L16 - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure; Industrial Price Indices ; L4 - Antitrust Policy ; L40 - Antitrust Policy. General ; L41 - Monopolization; Horizontal Anticompetitive Practices ; L42 - Vertical Restraints; Resale Price Maintenance; Quantity Discounts ; L43 - Legal Monopolies and Regulation or Deregulation ; L6 - Industry Studies: Manufacturing ; L7 - Industry Studies: Primary Products and Construction ; L8 - Industry Studies: Services ; L9 - Industry Studies: Transportation and Utilities ; L22 - Firm Organization and Market Structure: Markets vs. Hierarchies; Vertical Integration
Source:	ECONIS - Online Catalogue of the ZBW

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