Railroads and Regulation: 1877-1916, by Gabriel Kolko (New York:
W. W. Norton, 1965). Shows how the railroads received governmental aid
restrictions on competition.
Antitrust Policy: The Case for Repeal, by Dominick Armentano (Washington,
Cato Institute, 1986). A concise statement of the distorting effects of
Antitrust and Monopoly: Anatomy of a Policy Failure, by Dominick
(New York: John Wiley & Sons, 1982). Armentano offers a historical and
indictment of antitrust laws.
Concentration, Mergers, and Public Policy, by Yale Brozen (New York:
1982). A thoroughgoing study of industrial concentration that refutes
about the "necessity" of state action to overcome monopoly; the state is
source of monopoly.
In Defense of Industrial Concentration, by John S. McGee (New York:
Argues that the existence of industrial concentration per se does not
"Predatory Price Cutting: The Standard Oil (N.J.) Case," by John S. McGee
of Law and Economics 1 (October 1958): 137-69. Examines the charges
of "predatory pricing" (where large firms allegedly sell below cost to
drive competitors from the
market and then raise prices drastically to reap monopoly profits) in a
antitrust case; shows that the model of predatory pricing is incoherent.
Crisis and Leviathan, by Robert Higgs. See the discussion in the section
The Mirage of Oil Protection, by Robert L. Bradley, Jr. (New York:
University Press of
America, 1989). Bradley offers a detailed and highly informative history
of oil tariffs
and other attempts to create "energy self-sufficiecy", carefully
history and economic analysis.
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