Category: Future of Technology

Exclusive Future of Technology Research Package

Foundations of Modern Antitrust Ideologies (1890s – 1970s)

Whereas trusts are illegal, the legality of monopolies is more nuanced. Having monopoly power is not in itself an antitrust violation, though it is a prerequisite for an antitrust charge. At the heart of the argument for the existence of monopolies is Judge Learned Hand’s view in the landmark case United States v. Alcoa: “The successful competitor, having been urged to compete, must not be turned upon when he wins.”