Hot Sale Rights versus Antitrust

Challenging the Ethics of Competition Law
A challenging critique of the prevailing notion that upholding fair competition is one of the foundations of a market economy. Drawing on concepts from economics, philosophy and law, White argues that the pre-eminent status accorded to the regulation of competition should be reconsidered by any government that claims to support property rights.
Antitrust or competition law is widely considered an essential part of the legal and political structures of most liberal democracies and an integral foundation of a market economy. In this book, Mark D. White disputes this understanding, drawing on concepts from economics, philosophy, and law to argue that the pre-eminent status accorded to the regulation of competition should be reconsidered by any government that claims to support basic property rights.Despite its populist origins, antitrust is usually understood today in terms of economic theory, which