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The Antitrust Enterprise: Principle and Execution

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Review

The Antitrust Enterprise: Principle and Execution is an excellent book, by an author who is both knowledgeable and balanced in his views of antitrust law and antitrust policy. It is aimed at a broad constituency of readers rather than specialists in the field, and its presentation is very clear, avoiding technical jargon and methodology. It is the best book of its genre that I have read. (Daniel Rubinfeld, University of California, Berkeley)The Antitrust Enterprise: Principle and Execution exemplifies again why Professor Hovenkamp is one of the most cited and highly regarded authorities on antitrust today. The writing is interesting, thoughtful and thought-provoking, sprinkled with useful examples, and is easy to read. In his simple yet highly analytical style, Professor Hovenkamp analyzes, criticizes, and offers solutions to some of the main problems faced by antitrust doctrine and enforcement today. Should courts and enforcement agencies choose to follow at least some of the solutions suggested in the book, this would undoubtedly enhance the efficient and effective enforcement of antitrust. (Michal S. Gal, University of Haifa and NYU Center for Law and Business)Herbert Hovenkamp is that rare lawyer who combines a solid knowledge of history with a broad command of law and economics. His new book, The Antitrust Enterprise, is the fruitful product of this synergy, and promises to be this generation's version of Robert Bork's Antitrust Paradox. Clear, informative and up-to-date, it offers a sophisticated synthesis of economic theory and legal practice in the post-Chicago era that has seen a marked upsurge in antitrust activity, both as it relates to the coordinated activities of multiple firms and the unilateral practices of individual ones. Every lawyer, social scientist, or layperson with an interest in this field will want to have this book at his or her side. (Richard A. Epstein, University of Chicago Law School and Hoover Institution)Hovenkamp applies his considerable expertise to an objective study of the relationship between microeconomic theory and court interpretation of US antitrust laws. He argues that, in spite of a history of conflicting goals, there is currently a consensus that the purpose of antitrust is to promote consumer welfare...This work will be of value to scholars and practitioners alike, as well as anyone interested in antitrust enforcement. (D. F. Sheets Choice 2006-06-01)Hovenkamp defends the antitrust status quo in accessible and wonderfully jargon-free prose. The book succeeds in offering profound insights for antitrust specialists while remaining accessible to lay readers...Regardless of where the law heads next, The Antitrust Enterprise is valuable simply on its own terms--as a compact and authoritative exposition of U.S. antitrust law. It is most interesting, however, as the archetypal defense of this era of antitrust modesty. Only with the benefit of hindsight--perhaps forty or fifty years from now--will scholars be able to understand fully this epoch in context. It is a safe bet, however, that The Antitrust Enterprise will be considered the classic work of this era. (Daniel A. Crane Michigan Law Review 2007-04-01)

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About the Author

Herbert Hovenkamp is Ben V. and Dorothy Willie Professor of Law and History, University of Iowa College of Law.

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Product details

Paperback: 376 pages

Publisher: Harvard University Press (March 31, 2008)

Language: English

ISBN-10: 0674027418

ISBN-13: 978-0674027411

Product Dimensions:

5.8 x 1 x 8.8 inches

Shipping Weight: 1.1 pounds (View shipping rates and policies)

Average Customer Review:

5.0 out of 5 stars

3 customer reviews

Amazon Best Sellers Rank:

#1,554,899 in Books (See Top 100 in Books)

Several points to really think about. Cover important issues related to Antitrust principles which must be rethinked. Excelente presentation and easy to understand .

Another great book written by Hovenkamp. His titles are really good, I recommend every one that he writes, especially Federal Antitrust Policy, for a general view about antitrust, and The Antitrsut Enterprise for market situations.Regards, Vitor!

Professor Hovenkamp is arguably (barely arguable) the most influential antitrust scholar still active in the field. If the U.S. Supreme Court hears a case, one side or the other or the Court (and possibly all three) will cite his 20 or so volume treatise on antitrust. Every serious antitrust lawyer or scholar has that body of work to reference.The remarkable thing about this particular book is not its mastery of what is an extremely difficult and technical area of law and economics (though that is impressive), but rather its approachability and readability. This book applies an analytical framework that is understandable and almost intuitive. The concepts described are things that go on around us every day, and the book leverages our own experiences and common sense to help us to understand these processes on a larger scale. If you have the capacity to learn fundamental economics and need or want to understand the theoretical and legal framework of market structures and their regulation, I can't think of a better or more efficient way to gain that knowlege than this book. It really is that good.

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