The History and Impact of Antitrust Laws

This chapter provides a historical overview of antitrust laws, from the formation of trusts in the 19th century to the Sherman Act and its role in breaking up large commercial empires. It explores the Harmful Dominance Theory and contrasting viewpoints on monopolies. The chapter also discusses the complexities of determining whether a company's actions truly benefit consumers and critiques the Chicago School's approach to antitrust laws.