The Abolition Of Antitrust
Gary Hull talked about the book he edited The Abolition Of Antitrust, published by Transaction Publishers. Mr. Hull and other contributing w… read more
Gary Hull talked about the book he edited The Abolition Of Antitrust, published by Transaction Publishers. Mr. Hull and other contributing writers assert that antitrust laws are based on bad economics and the misinterpretation of American business history. He argues that the targets of antitrust are not criminals but victims as their monopoly power is not coercive or destructive but the result of their ability to produce products that are appealing to customers and superior to those of their competitors. He argues that antitrust law is fundamentally unjust and cannot be “fixed” or redeemed but must be abolished. He examined several antitrust cases, including General Electric, Visa/Mastercard, and Kellogg/General Mills. Gary Hull was then joined by Yaron Brook to respond to questions from members of the audience. close