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In its current form, antitrust law is often said to advance consumer welfare and to disregard economic inequality. But … enforcement of antitrust law should redistribute resources from shareholders to workers and consumers. Antitrust enforcement … for low-income people. We also suggest that antitrust law could, with little violence, be turned toward advancing consumer …
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, and sets forth a range of possible antitrust policy adjustments that might be considered in response to that market power …, targeting enforcement and remedies to benefit the less advantaged, adopting more interventionist antitrust and regulatory … standards, recognizing abuse of dominance as an antitrust offense, and adopting reduction of inequality as an explicit antitrust …
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root of wealth inequality and that increases in antitrust enforcement are necessary to stem its rising tide. This claim is …, many of the subjects of antitrust law are middle-class professionals, sole proprietors, or small business owners who … effects to the extent that market power facilitates progressive price discrimination. Finally, antitrust law sometimes stymies …
Persistent link: https://www.econbiz.de/10013017197
This paper investigates the relationship between democracy and antitrust policy. Strong antitrust policies advance the … interests of consumers. We examine the empirical relationship between democracy, inequality, and antitrust policies in a broad … stricter antitrust policies in countries with low but not high levels of inequality. This result accords with the idea that …
Persistent link: https://www.econbiz.de/10014255653
Florian Dorn erstellte diesen Beitrag während seines Promotionsstudiums an der Universität München (LMU). Die Studie wurde im September 2020 abgeschlossen und von der Fakultät für Volkswirtschaftslehre als Dissertation angenommen. Die Dissertation trägt zur Empirie der Ökonomie des...
Persistent link: https://www.econbiz.de/10012807266
equality values deeply embedded in the antitrust jurisprudence of most (at least representative) jurisdictions, and draws …
Persistent link: https://www.econbiz.de/10013215027
Why would anyone want to use antitrust law as a wealth distribution device when far more explicit statutory tools are … available for that purpose? One feature of antitrust is its open-textured, nonspecific statutes that are interpreted by judges …. As a result, using antitrust to redistribute wealth may be a way of invoking the judicial process without having to go to …
Persistent link: https://www.econbiz.de/10014120441
We ask whether, as many seem to think, corruption worsens, and judicial accountability improves, inequality, and investigate this empirically using data from 145 countries 1960–2014. We relate perceived corruption and de facto judicial accountability to gross-income inequality and consumption...
Persistent link: https://www.econbiz.de/10012845958