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Antitrust Enforcement in the Obama Administration’s First Term

October 22, 2013 in Economics

A new paper from William F. Shughart II and Diana W. Thomas investigates how and in what ways antitrust enforcement has changed since President Obama took office in 2009. Shughart and Thomas find that the administration’s shifts in policy have transformed antitrust law enforcers into regulatory agencies, a mission for which they are not well-suited, resulting in the Department of Justice and Federal Trade Commission being more vulnerable to rent seeking.

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