This tour de force rips the intellectual cover off antitrust
regulation to reveal it for what it is: a bludgeon used by businesses
against their competitors. Unlike some critics, Professor Armentano carries
the logic of his analysis to fullest possible length:
"My position on antitrust has never been ambiguous," he writes. "All of the
antitrust laws and all of the enforcement agency authority should be
summarily repealed. The antitrust apparatus cannot be reformed; it must be
abolished."
Professor Armentano begins with the most rigorous and revealing account of
the Microsoft antitrust battle to appear in print. He further discusses
other recent cases, including Toys 'R' Us, Staples, and Intel, as well as
many historical cases. He covers nearly every conceivable rationale for
antitrust, including price fixing, tie ins, vertical and horizontal mergers,
and many more.
This is a crucially important work in our new era of antitrust enforcement.
This 2nd edition is newly revised (1999) and includes a new treatment of
Murray Rothbard's contributions to the theory of monopoly and competition.
Finally, this is the only book in print on antitrust and the Microsoft case
that calls for the repeal of all antitrust.
ABOUT THE AUTHOR: Dominick T. Armentano is professor emeritus at the
University of Hartford.
