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The Making of Competition PolicyLegal and Economic Sources$
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Daniel A. Crane and Herbert Hovenkamp

Print publication date: 2013

Print ISBN-13: 9780199782796

Published to Oxford Scholarship Online: April 2015

DOI: 10.1093/acprof:osobl/9780199782796.001.0001

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(p.221) 7 Antitrust After Populism

(p.221) 7 Antitrust After Populism

(p.221) 7 Antitrust After Populism
The Making of Competition Policy

Herbert Hovenkamp

Oxford University Press

This chapter examines the decline of the antitrust movement in the United States. It analyzes Richard Hofstadter's What Happened to the Antitrust Movement? that concerns the disappearance of the movement just as it attained greater power as a regulator of industry structure and conduct. It considers the two arguments that Hofstadter believed to had happened that led to the decline: businesses had fit much more comfortably into the landscape of public opinion, and antitrust became much more technical and began to speak the language of economists.

Keywords:   antitrust movement, Richard Hofstadter, What Happened to the Antitrust Movement, industry structure

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