2012
The Magna Carta of free enterprise and the public interest- Duhnea Emil
Abstract: Antitrust laws are justified by their protection of the public interest of consumers. In this paper I show that their passing was protectionist in nature, not in the public interest, and the long-term effects profoundly harmful to consumers, as well as unjust for the defendants found guilty under them. Also, the ambiguity of the laws and lack of economic foundation to their passing led to a development that is confusing, contradictory and contrary to economic science and the functioning of the market economy.
Keywords: competition; monopoly; Sherman Law; free market; market economy;
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