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A Review of the Literature on the Antitrust Laws of the United States

Published online by Cambridge University Press:  13 February 2019

Terry Calvani*
Affiliation:
Vanderbilt University School of Law

Abstract

The attempt by the United States government to preserve competition and its benefits has produced a succession of legislation, popularly known as the antitrust laws, which began with the Sherman Antitrust Act of 1890. This law prohibits combinations in restraint of trade and monopolization of trade. The Federal Trade Commission Act of 1914 established a federal agency to enforce antitrust and outlawed “unfair” competition. The Clayton Act, passed in the same year and amended by the Robinson–Patman Act in 1936, forbids price discrimination, mergers, and other actions when judged destructive of competition.

These statutes have generated an enormous quantity of litigation and have stimulated a plethora of literature. The following article, written by an expert who teaches and writes in the. field of antitrust, describes the more important works on the subject which, taken together, could constitute a basic collection of antitrust literature for law libraries inside and outside the United Slates.

Type
Articles
Copyright
Copyright © International Association of Law Libraries 1978 

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References

1 Act of July 2, 1890, c. 647, 26 Stat. 209, 15 U.S.C.A. §§1-7 (1977).Google Scholar

2 Act of September 26, 1914, c. 11, 38 Stat. 717, 15 U.S.C.A. §§41-44 (1977).Google Scholar

3 Act of October 15, 1914, c. 322, 38 Stat. 730, 15 U.S.C.A. §§12-27 (1977), as amended by Act of June 19, 1936, c. 592, 49 Stat. 1526.Google Scholar

4 While all leading law reviews publish antitrust contributions, it should be noted that three journals are specifically devoted to antitrust scholarship: Antitrust Bulletin, Antitrust Law and Economic Review, and the Antitrust Law Journal. The first two are scholarly while the last is an American Bar Association publication that primarily carries the proceedings of the semiannual ABA antitrust meetings.Google Scholar

5 49 Stat. 152G (1936), 15 U.S.C. §13 (1970).Google Scholar

6 Neale, A. D., The Antitrust Laws of the United States of America, 2nd ed. (London: Cambridge University Press, 1970) xiv. 527 pp.Google Scholar

7 Popular name in the United States for a basic, legal textbook. The word is derived from a primer used several hundred years ago to teach writing to children.Google Scholar

8 Lawrence A. Sullivan, Handbook of the Law of Antitrust (St. Paul, Minn: West Publishing Co., 1977) xxviii, 880 pp.Google Scholar

9 American Bar Association, Section of Antitrust Law, Antitrust Law Developments (Chicago: American Bar Association, 1975) xix, 570 pp. This is a successor to the ABA's earlier volume, Antitrust Developments 1955 –68 (1968).Google Scholar

10 Julian O. von Kalinowski, Antitrust Law and Trade Regulation (New York: Matthew Bender, 1977). [16 volumes].Google Scholar

11 Toulmin, Harry A., A treatise on the Antitrust Laws of the United States (Cincinnati: W. H. Anderson Co., 1949) [7 volumes].Google Scholar

12 Areeda, Phillip and Turner, Donald, Antitrust Law (Boston: Little Brown & Co., 1978) approx. 2,500 pp. [3 volumes].Google Scholar

13 Kintner, Earl W., An Antitrust Primer, 2nd ed. (New York: The Macmillan Co., 1973) xx, 325 pp.Google Scholar

14 Rockefeller, Edwin S., Antitrust Questions and Answers (Washington: Bureau of National Affairs, 1974) xix, 683 pp.Google Scholar

15 Hills, Carla A., ed., Antitrust Adviser (New York: McGraw-Hill, 1971) vii, 811 pp. (Also 1974 Supplements).Google Scholar

16 Timberlake, E. Compton, Federal Treble Damage Antitrust Actions (Mundelein, Ill: Callaghan & Co., 1966) xii, 404 pp.Google Scholar

17 Report of the Attorney General's National Committee to Study the Antitrust Laws (Washington: U.S. Government Printing Office, 1956) xiii, 392 pp.Google Scholar

18 Kaysen, Carl and Turner, Donald F., Antitrust Policy: An Economic and Legal Analysis (Cambridge: Harvard University Press, 1959) xxiii, 345 pp.Google Scholar

19 Within recent years Congress has seen the introduction of controversial legislation that would break up concentrated industries in the United States. See, e.g. S. 1167, 93 Cong., 1st Sess. (1973).Google Scholar

20 Posner, Richard A., Antitrust Law: An Economic Perspective (Chicago: University of Chicago Press, 1976) x, 262 pp.Google Scholar

21 For a detailed review of the book see my essay, “Mr. Posner's Blueprint for Reforming the Antitrust Laws,” 29 Stan. L. Rev. 1311 (1977).Google Scholar

22 Stocking, George W., Workable Competition and Antitrust Policy (Nashville: Vanderbilt University Press, 1961) vii, 451 pp.Google Scholar

23 Aarts, Jack W., Antitrust Policy versus Economic Power, trans. Leonard Scott (Leiden: H. E. Stenfert Kroese BV, 1975) xi, 442 pp.Google Scholar

24 Armentano, Dominick T., The Myths of Antitrust (New Roehelle, N. Y.: Arlington House, 1972) 287 pp.Google Scholar

25 Brewster, Kingman, Antitrust and American Business Abroad (New York: McGraw-Hill, 1958) 509 pp.Google Scholar

26 Fugate, Wilbur L., Foreign Commerce and the Antitrust Laws, 2nd ed. (Boston: Little Brown and Co., 1973) xxv, 602 pp.Google Scholar

27 Kintner, Earl W. and Joelson, Mark R., An International Antitrust Primer (Now York: Macmillan, 1974) xiv, 391 pp.Google Scholar

28 For a comparative review of this book and the Fugate volume, see my essay, “Two Books on Antitrust and Foreign Commerce,” 74 Mich. L. Rev. 164 (1976).Google Scholar

29 Thorelli, Hans P., The Federal Antitrust Policy (Baltimore: The Johns Hopkins Press, 1955) xvi, 658 pp.Google Scholar

30 Letwin, William, Law and Economic Policy in America (New York: Random House, 1965) xi, 304 pp.Google Scholar

31 The Sherman Act, 26 Stat. 209 as amended, codified at 15 U.S.C. §§1-7 (1970), and the Clayton Act, 38 Stat. 730 as amended, codified at 15 U.S.C. §§ 12-27 (1970).Google Scholar

32 Rowe, Frederick M., Price Discrimination Under the Robinson–Patman Act (Boston: Little, Brown and Co., 1962) xxx, 675 pp.Google Scholar

33 Rowe, Frederick M., Price Discrimination Under the Robinson–Patman Act (Boston: Little, Brown and Co., 1964) xv, 185 pp. (supplement).Google Scholar

34 Edwards, Corwin D., The Price Discrimination Law (Washington: Brookings Inst., 1959) xxii, 698 pp.Google Scholar

35 Posner, Richard A., The Robinson–Patman Act (Washington: American Enterprise Institute, 1976) 53 pp.Google Scholar

36 U. S. Dept. of Justice, Report on the Robinson–Patman Act (Washington: U. S. Government Printing Office, 1977) vi, 320 pp.Google Scholar

37 Kintner, Earl W., A Robinson–Patman Primer (New York: Macmillan, 1970) xii, 396 pp.Google Scholar

38 Singer, Eugene M., Antitrust Economics (Englewood Cliffs, N. J.: Prentice Hall, 1968) xii, 276 pp.Google Scholar

39 Soberer, Frederick M., Industrial Market Structure and Economic Performance (Chicago: Rand McNally, 1970) xi, 57C pp.Google Scholar

40 Bain, Joe S., Industrial Organization, 2nd ed. (New York: Wiley, 1968) xiv, 678 pp.Google Scholar

41 Dewey, Donald, Monopoly in Economics and Law (Westport, Conn: Greenwood, 1976).Google Scholar

42 Goldschmid, Harvey J., Mann, H. Michael and Weston, J. Fred, eds., Industrial Concentration: The New Learning (Boston: Little, Brown and Co., 1974) viii, 470 pp.Google Scholar

43 Brozen, Yale, ed., The Competitive Economy (Morristown, N. J.: General Learning Press, 1975), xi, 481 pp.Google Scholar

44 Low, Richard E., ed., The Economics of Antitrust (Englewood Cliffs, N. J.: Prentice-Hall, Inc., 1968) x, 178 pp.Google Scholar

45 Hunter, Alex, ed., Monopoly and Competition (Middlesex, England: Penguin Books Inc., 1969) 429 pp.Google Scholar

46 Elzinga, Kenneth G. and Breit, William, The Antitrust Penalties: A Study in Law and Economics (New Haven: Yale University Press, 1976) xii, 160 pp.Google Scholar

47 Weaver, Suzanne, Decision to Prosecute (Cambridge, Mass: The MIT Press, 1977), viii, 196 pp.Google Scholar

48 Steiner, Peter, Mergers (Ann Arbor: University of Michigan Press, 1975).Google Scholar

49 American Bar Association, The Private Enforcement of Section 7 of the Clayton Act (Chicago: American Bar Association, 1977) 114 pp.Google Scholar

50 Kintner, Earl W., A Primer on the Law of Mergers (New York: Macmillan, 1973) x, 530 pp.Google Scholar

51 American Bar Association, Vertical Restrictions Limiting Intrabrand Competition (Chicago, American Bar Association, 1976) ix, 117 pp.Google Scholar

52 388 U. S. 365 (1967).Google Scholar

53 See GTE Sylvania, Inc. v. Continental T. V., Inc., 97 S.Ct. 2549. (1977).Google Scholar

54 Bane, Charles A., The Electrical Equipment Conspiracies: The Treble Damage Actions (New York: Federal Legal Publications, 1973) 554 pp.Google Scholar