Minnesota Law Review
In this article, ProfessorLevy uses a recent book recom- mending extensive changes in the antitrust laws as a springboardfor discussion of one of the most complex and difficult problems of antitrustadministration:the lack of competition in the "concentrated,"or oligopolistic,in- dustries. The author suggests that reform through legis- lation is probably impossible because of the current cli- mate of opinion and the effectiveness of numerous anti- trust "hucksters"-laivyers and businessmen who fre- quently sacrifice accuracy and objectivity in pursuing re- sults they favor. ProfessorLevy suggests a new interpre- tation of the present Sherman Act to avoid the difficul- ties of legislative modification.His recommendation would make it possible to reduce concentration, and thus as- sure more competition, in many important industries.
Robert Levy, Some Thoughts on "Antitrust Policy" and the Antitrust Community, 45 Minn. L. Rev. 963 (1961), available at http://scholarship.law.umn.edu/faculty_articles/471.