After nearly twenty years of a "less is more" approach to antitrust, the Department of Justice under the Clinton administration took action against several major corporations that rely on financial, transportation, and electronic networks to support their business—Visa/MasterCard, American Airlines, and Microsoft.
In
High Stakes Antitrust, noted scholars with divergent opinions examine
the impact and validity of the Justice Department’s actions. Some
believe that it was well within the law to pursue these companies,
while others argue that the administration exceeded its authority. They
all agree, however, that the impact of the Clinton administration’s
antitrust policies will be felt for quite some time.
About the Author
Robert W. Hahn is
director of the AEI-Brookings Joint Center for Regulatory Studies and a
resident scholar at the American Enterprise Institute.
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