The Antitrust Revolution
The Antitrust Revolution
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反垄断革命
DOI：
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发表时间：
1989
期刊：
影响因子：
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通讯作者：
L. White
中科院分区：
文献类型：
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作者：
John Kwoka;L. White
20世纪80年代初的反托拉斯革命起源于各种知识潮流，特别是现代博弈论的日益被接受。然而，其最大的影响在于制定了合并政策的修订标准。从那些主要采用一套本身标准的人，他们迅速演变成那些更符合理性规则的人。大型横向兼并得到例行批准，主要行业的集中度也受到限制。虽然效率水平有时得到提高，但几乎没有证据表明消费者普遍因价格降低而受益。因此，新的合并政策可能导致美国收入和财富分配的不平等加剧。
The Antitrust Revolution of the early 1980s arose from various intellectual currents, including specifically the growing acceptance of modern game theory. Its greatest impact, however, lay in the development of revised standards for merger policy. From ones which employed largely a set of per se standards, they rapidly evolved into those more compatible with the Rule of Reason. Large horizontal mergers were routinely approved, and concentration levels in major industries sored. Although efficiency levels were sometimes enhanced, there is little evidence that consumers generally benefited in the form of lower prices. As a result, the new merger policy may have contributed to the observed growing inequality in U.S. distributions of income and wealth.