Title

The US antitrust system and recent trends in antitrust enforcement

Document Type

Journal article

Source Publication

Journal of Economic Surveys

Publication Date

1-1-2000

Volume

14

Issue

3

First Page

255

Last Page

306

Keywords

Antitrust enforcement, Time-series analysis, US antitrust system

Abstract

This paper provides a survey of recent research on the US antitrust system. First we provide an overview of the US antitrust system, describing the roles of the US Department of Justice, the Federal Trade Commission and case law. Second, we provide a new econometric trend analysis on the enforcement of US antitrust law, showing that (1) enforcement demonstrates some trend behavior, as well as comovement with business cycles; (2) the time series of antitrust cases demonstrates two distinct episodes, which we characterize as 'pre-deregulation' and 'post-deregulation;' (3) the time series of government antitrust filings leads the time series of private antitrust filings. Finally, we describe recent economic research relevant to the area of antitrust and the impact of this research on US antitrust policy.

DOI

10.1111/1467-6419.00111

Print ISSN

09500804

E-ISSN

14676419

Publisher Statement

Copyright © Blackwell Publishers Ltd. 2000

Access to external full text or publisher's version may require subscription.

Full-text Version

Publisher’s Version

Recommended Citation

Lin, P., Raj, B., Sandfort, M., & Slottje, D. (2000). The US antitrust system and recent trends in antitrust enforcement. Journal of Economic Surveys, 14(3), 255-306. doi: 10.1111/1467-6419.00111