Evolution or Revolution— What is the Future of Antitrust?

• DOI: 10.1177/0003603X8603100201
• Date: 01 June 1986
• Author: David T. Scheffman,James Langenfeld
• Published date: 01 June 1986
• Subject Matter: Article

The Antitrust Bulletin/Summer 1986

Evolution or

revolution-

what is the future

of

antitrust?

BY JAMES LANGENFELD* and DAVID T. SCHEFFMAN,**

GUEST EDITORS

287

Antitrust policy is a topic that, even in these days of budgetary

concerns and trade deficits, has engendered substantial public

comment and debate. With the recent submission by the adminis-

tration and others of several antitrust "reform" bills, the current

and future state of antitrust seems destined to be an important

issue for the foreseeable future. Thus, the time is ripe for

antitrust practitioners to contribute to the public debate. This

volume contains 13 perspectives on the future

of

antitrust by a

wide variety

of

antitrust experts, including attorneys and econo-

mists employed by the government, private firms, and academia.

Their different perspectives result in a variety

of

assessments of

the past, projections

of

the future, and prescriptions for improve-

ments.

The menu

of

predictions of, or proposals for, change is

particularly diverse and includes turning antitrust into full-scale

industrial policy, abolition

of

antitrust regulation, and reviving

the Robinson-Patman Act. Equally interesting is the diversity of

Senior Economist, General Motors; formerly, Economic Advisor

to the Federal Trade Commission and to the Director of the FTC

Bureau of Competition.

•• Director, Federal Trade Commission Bureau of Economics .

AUTHORS'

NOTE: The opinions expressed in this article do not necessar-

ily reflect those

of

General Motors or the Federal Trade Commission.

©1986 by Federal Legal Publications, Inc.