Few policy issues have seen the sort of meteoric rise in attention that antitrust has received over the past several years. Driven by the growing importance of digital markets and online platforms, antitrust has moved to the forefront of our modern political landscape. Perhaps not surprisingly, various reform proposals have started to emerge from both sides of the political spectrum.
Advocates of reform argue that the United States’ current approach to competition policy is ill-equipped to deal with the problems posed by a twenty-first century, digital economy and that a new approach is needed to reign in the anticompetitive conduct engaged in by the dominant firms. On the other hand, skeptics of reform argue that our long-standing approach to antitrust enforcement is robust enough to handle these problems effectively and that any proposals for reform should be narrowly tailored to the specific issues they are trying to address.
This panel will be an in-depth discussion surrounding the United States’ unique approach to antitrust law as well as several of the reform proposals that are currently under consideration. It will also highlight some of the finer points of the current debate surrounding antitrust reform and the impact that reform is likely to have on various sectors of the economy.
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