Archive for D. T. Armentano

The Microsoft Case: Divestiture Won’t Help Consumers

D. T. Armentano is professor emeritus in economics at the University of Hartford and author of Antitrust and Monopoly (Independent Institute) and Antitrust: The Case for Repeal (Mises Institute). Critics of Microsoft, rallied by Judge Thomas Penfield Jackson’s finding that the company has monopoly power over much of the computer industry, have urged a breakup [...]

1Apr2000 | D. T. Armentano | 0 comments | Continued

The Immorality of Antitrust Law

D. T. Armentano is professor emeritus in economics at the University of Hartford and the author of Antitrust: The Case for Repeal (Mises Institute, 1999). The economic inefficiencies associated with antitrust law enforcement are now generally acknowledged. The regulation of mergers and acquisitions hampers the efficient reallocation of corporate assets. The antitrust regulation of product [...]

1Aug1999 | D. T. Armentano | 8 comments | Continued

Titan: The Life of John D. Rockefeller, Sr. by Ron Chernow

Random House • 1998 • 774 pages • $30.00 D. T. Armentano, professor emeritus of economics at the University of Hartford, is the author of Antitrust and Monopoly: Anatomy of a Policy Failure. For me, this is the image that sticks: John D. Rockefeller, president of Standard Oil, age 57, in bicycle suit and goggles, [...]

1Jan1999 | D. T. Armentano | 0 comments | Continued

Teen Smoking: The New Prohibition

Dr. Armentano is professor emeritus of economics at the University of Hartford. The expressed goal of the Clinton administration’s proposed regulations on cigarettes and smokeless tobacco products is to reduce adolescent consumption by one half. Roughly three million American juveniles smoke and an additional one million young males use smokeless tobacco. Putting aside (for the [...]

1Jan1997 | D. T. Armentano | 0 comments | Continued

The Failure of Antitrust Policy

The recently proposed mega-mergers in the telecommunications industry may usher in a more activist period of antitrust regulation. This would be unfortunate since antitrust is a generally failed and discredited policy. The laws, allegedly enacted to protect consumers, have been used historically to harass efficient corporations that have increased market output and lowered market price. [...]

1Jun1994 | D. T. Armentano | 22 comments | Continued

Antitrust Regulation: Back to the past

D. T. Armentano is professor of economics at the University of Hartford and author of Antitrust Policy: The Case for Repeal (Cato Institute, 1991). There is a disturbing new activism in antitrust policy that threatens to spell trouble for consumers. Last year Attorney General William Barr proposed to apply U.S. antitrust law extra-territorially to the [...]

1Jan1993 | D. T. Armentano | 0 comments | Continued

Auto Insurance Chaos in California

Professor Armentano teaches in the Department of Economics at the University of Hartford in Connecticut. In November 1988, California voters changed the rules of the game in the automobile insurance industry. In passing Proposition 103, they decided, among other things, to vote themselves a 20 percent reduction in automobile insurance rates and to remove the [...]

1Mar1990 | D. T. Armentano | 1 comment | Continued

Antitrust History: The American Tobacco Case of 1911

An economic review of one of the historic cases in antitrust law.

1Mar1971 | D. T. Armentano | 0 comments | Continued

The Inherent Weakness of Price Collusion

Seven major reasons why price-fixing agreements among producers is not a significant problem in a free society.

1Jan1970 | D. T. Armentano | 0 comments | Continued

The Economics of Price Fixing

Professor D. T. Armentano offers a timely warning against the latest reformist efforts at price control.

1Jun1967 | D. T. Armentano | 0 comments | Continued
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