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Posted April 10, 2002
In Monopolies In America, Charles R. Geisst gives a fair overview of US antitrust issues from a historical point of view. Readers who are not familiar at all with the development, interpretation, and application of antitrust are introduced to the ambivalence about bigness in American thought over time. However, Monopolies In America is not an easy read because of a lack of coherence in the narration. Only a well-informed audience cognizant of the legal, economic, and social ramifications of antitrust can easily surf through the book and fully grasp the conflicting forces coming into play. Furthermore, Monopolies In America is a misnomer. Antitrust (law) issues cover a lot more than abuse of monopoly position. The Antitrust Paradox. A Policy At War With Itself by Judge Robert H. Bork is the definitive authority on the subject. His account is both comprehensive and scathing about the shared sub-optimal performance of the legislative, executive and judiciary branches of power as well as the practicing bar in making, interpreting, and applying antitrust rules. Judge Bork rightly attributes that shared sub-optimal performance to the too-often absence of a rudimentary understanding of market economics among the above-mentioned players.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.