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Accommodating Capital And Policing Labor: Antitrust In The Two Gilded Ages, Sandeep Vaheesan
Accommodating Capital And Policing Labor: Antitrust In The Two Gilded Ages, Sandeep Vaheesan
Maryland Law Review
In enacting the antitrust laws, Congress sought to prevent big businesses from maintaining and augmenting their power through collusion, mergers, and exclusionary and predatory practices and also aimed to preserve the ability of workers to act in concert. At times, the antitrust laws have benefited ordinary Americans. Antitrust achievements include the restructuring of the oil industry in 1911, the creation of competitive market structures in the mid-twentieth century, and the termination of AT&T’s telecommunications monopoly in 1984.
Yet, the history of antitrust in the United States is not one of uninterrupted successes. Over two forty-year periods, the executive branch and …