Live comments from the CCP Summer Conference 2013
June 6, 2013 Leave a comment
Stephen Martin (Purdue University) discussed in his presentation entitled “Shaping Antitrust Institutions”, the impact of the Chicago School on the US judiciary in the antitrust context. He argues that a systematic campaign led by Chicago economists including Aaron Director and George Stigler aimed to delegitimise judicial and governmental interference in the market. They wanted to minimise Section 2 enforcement and largely restrict it to Section 1 enforcement.