Woodstock Antitrust

CPI Antitrust Chronicle, April 2018

NYU Law and Economics Research Paper No. 18-24

7 Pages Posted: 31 May 2018 Last revised: 1 Aug 2018

See all articles by Harry First

Harry First

New York University School of Law

Date Written: April 3, 2018

Abstract

Before there was Hipster antitrust there was Woodstock antitrust. Flourishing in the decade from 1969 to 1979, Woodstock antitrust sought to take on the central issues in antitrust. Looking back we can see a program of enforcement and proposed legislation that constituted a radical effort to fix antitrust’s shortcomings — the inability to stop the increase in concentration in the economy, or deal with durable monopolies, or cut through doctrine to reach tight oligopolies. This Essay reviews some of the efforts of Woodstock antitrust and suggests how Woodstock still echoes in today’s antitrust reform efforts.

Keywords: Antitrust, No-Fault Monopoly, Shared Monopoly, Oligopoly Pricing, Fairness, Aggregate Concentration, Industrial Reorganization Act, Section 2, NCRALP

JEL Classification: K21, L12, L13, L40

Suggested Citation

First, Harry, Woodstock Antitrust (April 3, 2018). CPI Antitrust Chronicle, April 2018; NYU Law and Economics Research Paper No. 18-24. Available at SSRN: https://ssrn.com/abstract=3180878

Harry First (Contact Author)

New York University School of Law ( email )

40 Washington Square South
New York, NY 10012-1099
United States
212-998-6211 (Phone)
212-995-4760 (Fax)

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