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Total repeal of antitrust legislation: A critique of Bork, Brozen, and Posner

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Conclusion

We have discussed the works of three eminent, conservative, “free market” oriented economists. Certainly, they constitute a reasonable sample of this universe of discourse. We have found that however profoundly they defend market institutions in other contexts, they fail to do so in the case of antitrust. Why this lacunae should exist on the part of people otherwise concerned with economic freedom is for another day's analysis. But that this is so is the only conclusion that may be fairly drawn from the discussion above.

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Additional information

Walter Block is associate professor of economics at the College of the Holy Cross and executive editor of theReview of Austrian Economics. The author wishes to thank two anonymous referees for helpful suggestions, many of which are incorporated here into this paper. The usual caveat of course applies. I have liberally footnoted this paper with the writings of Murray N. Rothbard on the topic of monopoly and antitrust, but these few citations are far from adequate to express the degree to which I rely on his pathbreaking work in this field.

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Block, W. Total repeal of antitrust legislation: A critique of Bork, Brozen, and Posner. Rev Austrian Econ 8, 35–70 (1994). https://doi.org/10.1007/BF01102316

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