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The Monopoly Enigma, the Reagan Administration's Antitrust Experiment, and the Global Economy

Louis Galambos

in Constructing Corporate America: History, Politics, Culture

Published in print:
2004
Published Online:
September 2007
ISBN:
9780199251902
eISBN:
9780191719059
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199251902.003.0006
Subject:
Business and Management, Business History

In the 1980s, the Reagan Administration drastically altered American antitrust policy, virtually eliminating Section 2 cases involving monopolies. This chapter provides a context for that decision by ... More


Baseball on Trial: The Origin of Baseball's Antitrust Exemption

Nathaniel Grow

Published in print:
2014
Published Online:
April 2017
ISBN:
9780252038198
eISBN:
9780252095993
Item type:
book
Publisher:
University of Illinois Press
DOI:
10.5406/illinois/9780252038198.001.0001
Subject:
Sociology, Sport and Leisure

The 1922 Federal Baseball Supreme Court ruling held that the “business of base ball” was not subject to the Sherman Antitrust Act because it did not constitute interstate commerce. This book explains ... More


The Curious Case of Dual Federal Enforcement

Daniel A. Crane

in The Institutional Structure of Antitrust Enforcement

Published in print:
2011
Published Online:
May 2011
ISBN:
9780195372656
eISBN:
9780199893287
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195372656.003.0002
Subject:
Law, Competition Law

The debates between two competing conceptualizations of antitrust led to the creation of two federal antitrust agencies: the Federal Trade Commission (FTC) and the Justice Department's Antitrust ... More


Introduction

Nathaniel Grow

in Baseball on Trial: The Origin of Baseball's Antitrust Exemption

Published in print:
2014
Published Online:
April 2017
ISBN:
9780252038198
eISBN:
9780252095993
Item type:
chapter
Publisher:
University of Illinois Press
DOI:
10.5406/illinois/9780252038198.003.0001
Subject:
Sociology, Sport and Leisure

This book examines the history of the Federal Baseball litigation and explains how Major League Baseball first came to be exempt from antitrust law. In a unanimous ruling, penned by Justice Oliver ... More


Machines for Selling

Shane Hamilton

in Supermarket USA: Food and Power in the Cold War Farms Race

Published in print:
2018
Published Online:
May 2019
ISBN:
9780300232691
eISBN:
9780300240849
Item type:
chapter
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300232691.003.0002
Subject:
History, American History: 20th Century

The first chapter maps out the power structures of midcentury American supermarketing, exposing the essential lie of the notion that supermarkets were mere products of “free enterprise.” The focus is ... More


The United States The Competition Law System and the Country’s Norms

Harry First, Eleanor Fox, and Daniel E. Hemli

in The Design of Competition Law Institutions: Global Norms, Local Choices

Published in print:
2012
Published Online:
January 2013
ISBN:
9780199670048
eISBN:
9780191744341
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199670048.003.0008
Subject:
Law, Competition Law, Public International Law

This chapter discusses the history, institutional structure, mandate, procedural characteristics, and agency performance of the competition law system of the United States. The US enforcement system ... More


Who Needs Antitrust?: Or, Is Developing-Country Antitrust Different? A Historical-Comparative Analysis

Aditya Bhattacharjea

in Competition Law and Development

Published in print:
2013
Published Online:
January 2014
ISBN:
9780804785716
eISBN:
9780804787925
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9780804785716.003.0004
Subject:
Law, Competition Law

This chapter questions the recent trend toward adoption of antitrust laws in developing countries. It first undertakes a historical review to show that today's advanced countries enacted and ... More


The NFL’s Role in American History (Somebody’s Gotta Be Kidding)

Jesse Berrett

in Pigskin Nation: How the NFL Remade American Politics

Published in print:
2018
Published Online:
September 2018
ISBN:
9780252041709
eISBN:
9780252050374
Item type:
chapter
Publisher:
University of Illinois Press
DOI:
10.5622/illinois/9780252041709.003.0004
Subject:
Sociology, Sport and Leisure

This chapter explores crucial contradictions that went unremarked in the NFL’s crusade to make itself a bulwark of Americanism. From its image as a ruggedly capitalist enterprise (even as its ... More


American and European Perspectives on Antitrust

Daniel J. Gifford and Robert T. Kudrle

in The Atlantic Divide in Antitrust: An Examination of US and EU Competition Policy

Published in print:
2015
Published Online:
September 2015
ISBN:
9780226176109
eISBN:
9780226176246
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226176246.003.0001
Subject:
Law, Company and Commercial Law

This chapter presents a broad overview of the current similarities and differences between the competition policies of the two jurisdictions and of the factors that have shaped these policies and ... More


Bundled Discounts

Daniel J. Gifford and Robert T. Kudrle

in The Atlantic Divide in Antitrust: An Examination of US and EU Competition Policy

Published in print:
2015
Published Online:
September 2015
ISBN:
9780226176109
eISBN:
9780226176246
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226176246.003.0008
Subject:
Law, Company and Commercial Law

This chapter explores the U.S. approaches to bundled discounts as illustrated by the LePage’s decision, the earlier Ortho decision and the disapproval of the LePage’s decision by the Antitrust ... More


Public Policy in an AI Economy

Austan Goolsbee

in The Economics of Artificial Intelligence: An Agenda

Published in print:
2019
Published Online:
January 2020
ISBN:
9780226613338
eISBN:
9780226613475
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226613475.003.0011
Subject:
Economics and Finance, Microeconomics

Much public discussion about an economy dominated by artificial intelligence has focused on robots and the future of work, particularly the destruction of jobs. On the other hand, economists have ... More


The Limits of Antitrust and the Chicago School Tradition

George L. Priest

in The Global Limits of Competition Law

Published in print:
2012
Published Online:
June 2013
ISBN:
9780804774901
eISBN:
9780804782678
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9780804774901.003.0002
Subject:
Law, Competition Law

This chapter provides historical context for Judge Frank Easterbrook's writing. It places Easterbrook's article within the Chicago School antitrust tradition. In particular, it suggests that two ... More


Origins

in The Microsoft Case: Antitrust, High Technology, and Consumer Welfare

Published in print:
2007
Published Online:
March 2013
ISBN:
9780226644639
eISBN:
9780226644653
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226644653.003.0001
Subject:
Law, Company and Commercial Law

This chapter explores the ideological origins of the monopolization law and reports the century-long history of the government's efforts to enforce it. It then addresses the convergence of political, ... More


Retail Securities Regulation in the Aftermath of the Bubble

Nancy L. Rose

in Economic Regulation and Its Reform: What Have We Learned?

Published in print:
2014
Published Online:
January 2015
ISBN:
9780226138022
eISBN:
9780226138169
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226138169.003.0010
Subject:
Economics and Finance, Economic Systems

This chapter discusses regulation of the retail securities and investments industry, written for and from the perspective of an industrial organization economist. It describes the economic size and ... More


The Decline of the Chicago Studios

Michael Glover Smith and Adam Selzer

in Flickering Empire: How Chicago Invented the U.S. Film Industry

Published in print:
2015
Published Online:
November 2015
ISBN:
9780231174497
eISBN:
9780231850797
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231174497.003.0012
Subject:
Film, Television and Radio, Film

This chapter focuses on the decline of film studios in Chicago during the early twentieth century. The story of the decline of the major Chicago studios such as Essanay Film Manufacturing Company and ... More


Economics of Antitrust

David George Surdam

in The Big Leagues Go to Washington: Congress and Sports Antitrust, 1951-1989

Published in print:
2015
Published Online:
April 2017
ISBN:
9780252039140
eISBN:
9780252097126
Item type:
chapter
Publisher:
University of Illinois Press
DOI:
10.5406/illinois/9780252039140.003.0002
Subject:
Sociology, Sport and Leisure

This chapter examines the economics of antitrust, with particular emphasis on how antitrust law affects professional team sports. In the late 1800s, Americans worried about the growing concentration ... More


Introduction

David George Surdam

in The Big Leagues Go to Washington: Congress and Sports Antitrust, 1951-1989

Published in print:
2015
Published Online:
April 2017
ISBN:
9780252039140
eISBN:
9780252097126
Item type:
chapter
Publisher:
University of Illinois Press
DOI:
10.5406/illinois/9780252039140.003.0018
Subject:
Sociology, Sport and Leisure

This book examines the economics of the antitrust aspects of the three professional sports leagues—Major League Baseball (MLB), the National Football League (NFL), and the National Basketball ... More


The Rivalry Begins: 1913

Nathaniel Grow

in Baseball on Trial: The Origin of Baseball's Antitrust Exemption

Published in print:
2014
Published Online:
April 2017
ISBN:
9780252038198
eISBN:
9780252095993
Item type:
chapter
Publisher:
University of Illinois Press
DOI:
10.5406/illinois/9780252038198.003.0002
Subject:
Sociology, Sport and Leisure

This chapter examines the history of the rivalry between the Federal League and the American and National leagues and how it culminated in a legal battle. The Federal League of Professional Base Ball ... More


Epilogue

Nathaniel Grow

in Baseball on Trial: The Origin of Baseball's Antitrust Exemption

Published in print:
2014
Published Online:
April 2017
ISBN:
9780252038198
eISBN:
9780252095993
Item type:
chapter
Publisher:
University of Illinois Press
DOI:
10.5406/illinois/9780252038198.003.0011
Subject:
Sociology, Sport and Leisure

This epilogue explores issues arising from Justice Oliver Wendell Holmes Jr.'s opinion in Federal Baseball Club of Baltimore, Inc. v. National League. It begins with a discussion of criticisms ... More


Bloodying the Sport

Troy Rondinone

in Friday Night Fighter: Gaspar "Indio" Ortega and the Golden Age of Television Boxing

Published in print:
2013
Published Online:
April 2017
ISBN:
9780252037375
eISBN:
9780252094668
Item type:
chapter
Publisher:
University of Illinois Press
DOI:
10.5406/illinois/9780252037375.003.0012
Subject:
Sociology, Sport and Leisure

This chapter details the events leading up to the end of Friday Night Fights. The reasons for the end read like the ingredients for disaster: some greed, some overexposure, some crime, some death, ... More


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