Is the Sherman Act a Good Antitrust Law?

Prager says there is one more reason to be leery of big consolidations from the labor side of the equation. The Sherman Act was first passed in 1890 and enforced by the Department of Justice. In practice, almost all the cases that have been brought historically have focused on harm to consumers. But Prager says that may be changing with a proposed merger between Penguin Random House and Simon & Schuster.