Antitrust, Innovation and Competitiveness

A collection of essays which explore how the US antitrust laws, particularly the Sherman Act, have affected the ways in which US corporations can form alliances to compete in world markets. Many contributors argue that current antitrust laws restrain business innovation.

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The essays in this book explore how the US antitrust laws, especially the Sherman Act, have affected the ways in which US corporations can form alliances to compete in world markets. The editors start from the premise that current antitrust laws needlessly and unwisely restrain innovation because they inhibit communication and co-operation between firms, although not all the contributors agree with them about the extent of this effect.