Tweet… is from page 422 of Robert Bork’s masterful 1978 book, The Antitrust Paradox: Competition in open markets reflects the ideal of equality of opportunity, while antitrust’s longstanding and growing concern for the small and less efficient reflects a preference for equality of outcome. Outcomes are not equal in open competition, hence the pressure for…
Quotation of the Day…
Quotation of the Day…
28 Apr 2024 Leave a comment
in applied price theory, Austrian economics, history of economic thought, industrial organisation, law and economics Tags: competition law
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