Publication
SMU Law Review
Volume
48
Page
1677
Year
1995
Abstract
ANTITRUST law is widely perceived to be the legal guardian of the competitive process. To the extent that it performs its role, the nation benefits. In the short-term, the nation benefits from a market process which efficiently allocates society's resources in accordance with consumer demand. In the long-term, the nation benefits as more efficient producers gradually replace less efficient producers, thus lowering the cost and increasing the supply of goods and services.
Recommended Citation
Daniel J. Gifford, The Jurisprudence of Antitrust, 48 SMU L. Rev. 1677 (1995), available at https://scholarship.law.umn.edu/faculty_articles/334.
