Antitrust Beyond Competition: Market Failures, Total Welfare, and the Challenge of Intra-Market Second-Best Tradeoffs

Preprint

1 January 2000

preprint
Published by Elsevier in SSRN Electronic Journal

https://doi.org/10.2139/ssrn.229958

Abstract

Should antitrust law ever sanction the accumulation of market power or permit other restraints of trade if such conduct would increase social welfare? This is

Keywords

SSRN
ANTITRUST BEYOND COMPETITION: MARKET FAILURES
TOTAL WELFARE
AND THE CHALLENGE OF INTRA-MARKET SECOND-BEST TRADEOFFS
PETER J. HAMMER

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