Antitrust: Where Did It Come from and What Did It Mean?

Posted by Social Science Research Network

Antitrust: Where Did It Come from and What Did It Mean?

Richard N. Langlois (University of Connecticut)

Abstract:      This paper is a draft chapter from an ongoing book project I am calling The Corporation and the Twentieth Century. In The Visible Hand, Alfred Chandler explained the rise of the large vertically integrated corporation in the United States mostly in terms of forces of technology and economic geography. Institutions, including government policy, played a quite minor role. In my own attempt to explain the decline of the verticall…

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