A century after Congress passed a series of antitrust laws to rein in giant firms that dominated key industries, the same issues have re-emerged on the business landscape, from Silicon Valley to the industrial Midwest to Wall Street. Antitrust laws give government regulators legal tools to prevent companies from controlling a market in a way that harms the public by stifling competition or setting unfair prices. But how the government should enforce these laws has been hotly debated. Despite pockets of activity over the last 45 years, a laissez-fare philosophy has dominated antitrust policy among regulators and judges. Critics of this approach have gained the ear of President Biden, who wants to reinvigorate enforcement to curb activities he says limit wages and raise consumer costs. ...

locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles