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Cited by 268

The DOI matches its Crossref record; 51 of the 51 references it cites were found in a registry or an index.

The Case for Antitrust Enforcement

Open access
Baker, Jonathan B·2003·Journal of Economic Perspectives

Abstract

This paper provides evidence of the necessity and success of antitrust enforcement. It begins with examples of socially beneficial antitrust challenges by the federal antitrust agencies to price-fixing and other forms of collusion; to mergers that appear likely to harm competition; and to monopolists that use anticompetitive exclusionary practices to obtain or maintain their market power. It then reviews systematic empirical evidence on the value of antitrust derived from informal experiments involving the behavior of U.S. firms during periods without effective antitrust enforcement, and the behavior of firms across different national antitrust regimes. Overall, it concludes, the benefits of antitrust enforcement to consumers and social welfare -- particularly in deterring the harms from anticompetitive conduct across the economy -- appear to be far larger than what the government spends on antitrust enforcement and firms spend directly or indirectly on antitrust compliance.

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Metadata

Authors
Baker, J. B.
Venue
Journal of Economic Perspectives
Published
2003-11-01
Volume
17
Issue
4
Pages
27-50
ISSN
0895-3309 (ISSN-L)
OpenAlex
W3125160965
Cited by
268
References
51
FWCI
22.27
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: The Case for Antitrust Enforcement. https://app.cochat.ai/papers/10.1257/089533003772034880
The paper
Baker, J. B. (2003). The Case for Antitrust Enforcement. Journal of Economic Perspectives. https://doi.org/10.1257/089533003772034880

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.