Almost 30 years ago Robert Bork, in his seminal book “The Antitrust Paradox: A Policy at War With Itself,” wrote that: “modern antitrust law has so decayed that the policy is no longer intellectually respectable. Some of it is no longer respectable as law; more of it is not respectable as economics; … a great deal of antitrust is not even respectable as politics.” Fast forward from 1978 to 2007 and do we find all has become “respectable”? No and yes.


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