ORIGINAL INTENT AND THE SHERMAN ANTITRUST ACT - A REEXAMINATION OF THE CONSUMER-WELFARE HYPOTHESIS

• 成果类型: Article; Proceedings Paper
• 署名作者: University of Hawaii System
• 刊物名称: JOURNAL OF ECONOMIC HISTORY
• ISSN/ISSBN: 0022-0507
• DOI: 10.1017/S0022050700012973
• 发表日期: 1993
• 页码: 359-376
• 关键词: chicago

摘要

An important tenet of the Chicago School of antitrust asserts that the Sherman Act's framers sought to foster consumer welfare. This article challenges that interpretation by re-examining the legislative history. That history suggests that a consumer-welfare standard did not survive the legislative process and that, if anything, Congress focused on the behavior of producers.