Description: At a time when tech giants have amassed vast market power, Jonathan Baker shows how laws and regulations can be updated to ensure more competition. The sooner courts and antitrust enforcement agencies stop listening to the Chicago school and start paying attention to modern economics, the sooner Americans will reap the benefits of competition.
Brief description: Jonathan B. Baker, a former Director of the Bureau of Economics at the Federal Trade Commission, is a Research Professor of Law at American University. He has also worked as the Chief Economist of the Federal Communications Commission, a Senior Economist on the Council of Economic Advisers, a Special Assistant in the Antitrust Division of the Department of Justice, and an antitrust lawyer in private practice. He is the former editorial chair of a leading antitrust law journal and coauthor of a leading antitrust law casebook. Baker has received the Jerry S. Cohen Award for Antitrust Scholarship, American University's Faculty Award for Outstanding Scholarship, Research, and Other Professional Accomplishments, and the FTC's Award for Distinguished Service.
Review Quotes: The Antitrust Paradigm is a call to action by a premier scholar of competition policy. Baker makes a compelling case to change the guidepost for U.S. antitrust enforcement from 'do no harm' to 'do some good.' Anyone with a keen interest in antitrust should read this book, and I hope that includes some judges.--Richard J. Gilbert, University of California, Berkeley, and former Deputy Assistant Attorney General for Economics in the Antitrust Division of the U.S. Department of Justice