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Series

2014

College of William & Mary Law School

Antitrust and Trade Regulation

Articles 1 - 2 of 2

Full-Text Articles in Law

Antitrust, Regulatory Harm, And Economic Liberty, Alan J. Meese May 2014

Antitrust, Regulatory Harm, And Economic Liberty, Alan J. Meese

Faculty Publications

No abstract provided.


Robert Bork's Forgotten Role In The Transaction Cost Revolution, Alan J. Meese Jan 2014

Robert Bork's Forgotten Role In The Transaction Cost Revolution, Alan J. Meese

Faculty Publications

The last few decades have witnessed a scientific revolution in the field of industrial organization in the form of transaction cost economics (TCE). This revolution has radically altered economists’ understanding and interpretation of both partial and complete economic integration. Not surprisingly, this sea change has substantially influenced antitrust law and policy, impelling the Supreme Court to reverse or greatly modify various precedents.

This essay supplements the received historiography of the TCE revolution. It contends that Robert Bork played a hitherto underappreciated role in that revolution. In particular, the essay contends that in 1966, before the official onset of the transaction ...